In the next years, Mexico will experience a better real exchange rate
perfomance than many of its competitors within international markets. As
an example, the following graphs show the expected behavior of real
exchange rates for selected countries to the US dollar, the euro, the
pound sterling, the yen and the Canadian dollar, during the period of
2009-2012 (expected proportional growth per year).
It can be noticed that, between 2009 and 2012, Mexico's real exchange
rate will remain virtually balanced to the US dollar and the euro.
In contrast, Asian countries like China and India will register a
strong currency appreciation in real terms. This will translate in a
relative cheapening of the goods exported from Mexico to Markets in
North America and Europe, comparing with products exported by its
Asian competitors.
By considering Mexico as an operation and exporting base, the exchange
rate performance opens new business opportunities in short and medium
terms, for the businesses that want to increase their profits or to
get a better position of their products in international markets.