Mexican Unidad De Inversión
The unidad de inversión (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.
| ISO 4217 | |
|---|---|
| Code | MXV (numeric: 979) |
| Subunit | 0.01 |
| Unit | |
| Plural | unidades de inversión UDIs |
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 inversión on selected dates:
| 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
This article uses material from the Wikipedia English article Mexican unidad de inversión, which is released under the Creative Commons Attribution-ShareAlike 3.0 license ("CC BY-SA 3.0"); additional terms may apply (view authors). Content is available under CC BY-SA 4.0 unless otherwise noted. Images, videos and audio are available under their respective licenses.
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