Private Philanthropy for Development in Mexico

Annex B. Currency conversions

Data sources and limitations

Throughout this report, unless otherwise stated, nominal end-of-year exchange rates are used to convert Mexican pesos (MXN) to United States dollars (USD) (OECD, 2022[1]); Mexican annual Consumer Price Indexes (CPI) were used to deflate financing as follows:

Table A B.1. Exchange rates and Consumer Price Index applicable to Mexico

Year	MXN – USD Nominal end-of-period exchange rate	CPI in Mexico (2023 = 100)
2020	19.95	83.10
2021	20.58	87.83
2022	19.41	94.76
2023	16.92	100

Source: (OECD, 2025[2]).

References

[2] OECD (2025), Inflation (CPI) (indicator), https://doi.org/10.1787/eee82e6e-en (accessed on 5 September 2025).

[1] OECD (2022), “Exchange rates”, (indicator), http://doi: 10.1787/037ed317-en (accessed on 12 December 2020).