Mexican unidad de inversion

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Unidad de inversion
ISO 4217
Code MXV (numeric: 979 )
Subunit 0.01
Unit
Plural unidades de inversion
UDIs

The unidad de inversion (UDI, literally "investment unit", ISO 4217 code MXV) is an index unit of funds used in Mexico . It can be traded in many currency markets because its value changes with respect to currencies. The value of the UDI was first set at one Mexican peso on April 4, 1995, after the Mexican peso crisis . Unlike currencies, it is designed to maintain a constant purchasing power with respect to the general consumer price index and not be subject to inflation . The Mexican credit system (especially mortgages) uses the UDI rather than the peso because of its stability. [1]

The plural form "UDIs" is often used, even in official government documents, but is regarded as grammatically incorrect.

The following is a table of the value of the unidad de inversion on selected dates:

Historical values [2]
Date Value in
Mexican pesos
Change from
last year
April 4, 1995 1.000000
January 10, 1996 1.351027
January 10, 1997 1.735446 +28.5%
January 10, 1998 2.009727 +15.8%
January 10, 1999 2.382641 +18.6%
January 10, 2000 2.679749 +12.5%
January 10, 2001 2.922224 +9.0%
January 10, 2002 3.058233 +4.7%
January 10, 2003 3.230335 +5.6%
January 10, 2004 3.356677 +3.9%
January 10, 2005 3.538055 +5.4%
January 10, 2006 3.646963 +3.1%
January 10, 2007 3.798090 +4.0%
January 10, 2008 3.937814 +3.7%
January 10, 2009 4.196185 +6.6%
January 10, 2010 4.347060 +3.6%
January 10, 2011 4.531767 +4.2%
January 10, 2012 4.706135 +3.8%
January 10, 2013 4.882970 +3.8%
January 10, 2014 5.071467 +3.9%
January 10, 2015 5.284015 +4.2%
January 10, 2016 5.389834 +2.0%
January 10, 2017 5.577329 +3.5%
January 10, 2018 5.950678 +6.7%
January 10, 2019 6.248483 +5.0%
January 10, 2020 6.413049 +2.6%
January 10, 2021 6.619514 +3.2%
January 10, 2022 7.112667 +7.4%
January 10, 2023 7.665425 +7.8%
January 10, 2024 8.007473 +4.5%
January 25, 2024 8.045674 +0.5%

References [ edit ]

  1. ^ ExchangeRate.com. Accessed April 29, 2012.
  2. ^ "Estructura de informacion (SIE, Banco de Mexico)" . www.banxico.org.mx . Retrieved 2023-09-25 .