From Wikipedia, the free encyclopedia
Mexican currency funds unit
Unidad de inversion
|
Code
| MXV (numeric:
979
)
|
---|
Subunit
| 0.01
|
---|
|
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
]