Financial
Spot Exchange Rate
Current exchange rate for immediate currency purchase/sale, used as reference for foreign trade operations.
Current exchange rate for immediate currency purchase/sale, used as reference for foreign trade operations.
The spot exchange rate is the currency conversion rate for immediate settlement operations (typically T+2). It is the most common reference for invoicing foreign trade operations.
Customs Exchange Rate
The official exchange rate published by the Bank of Mexico to convert foreign-currency customs value to Mexican pesos. The rate effective on the pedimento payment date applies.
FinancialFIX Exchange Rate
Reference exchange rate published by Banxico, determined from institutional foreign exchange market quotes. Different from the customs exchange rate; used for UDI obligations and financial reporting.
TradeInternational Payment Terms
Agreed conditions between buyer and seller regarding when, how, and in which currency payment will be made for a foreign trade transaction.