year p/$fx p/$prices real exch. 1970 0.01 0.0041 3.06 1971 0.01 0.0041 3.05 1972 0.01 0.0040 3.09 1973 0.01 0.0041 3.02 1974 0.01 0.0043 2.93 1975 0.01 0.0043 2.90 1976 0.02 0.0050 3.06 1977 0.02 0.0067 3.37 1978 0.02 0.0072 3.16 1979 0.02 0.0076 3.02 1980 0.02 0.0083 2.78 1981 0.02 0.0094 2.60 1982 0.06 0.0144 3.91 1983 0.12 0.0295 4.07 1984 0.17 0.0491 3.42 1985 0.26 0.0757 3.39 1986 0.61 0.1469 4.16 1987 1.38 0.3371 4.09 1988 2.27 0.6735 3.37 1989 2.46 0.7451 3.30 1990 2.81 0.8873 3.17 1991 3.02 1.0673 2.83 1992 3.09 1.2033 2.57 1993 3.12 1.2907 2.41 1994 3.38 1.3610 2.48
Notes: The exchange rates are year averages. Mexican and U.S. wholesale prices are used to compute relative price levels.
International Financial Statistics.
Mexican Economic Crisis