M2 Divided by International Reserves and Dollar Exchange Rate
The following report is obtained by dividing the daily value of M2 by the International Reserves, a value known as the M2 Shadow Dollar. This indicator is used as a reference to estimate the implicit exchange rate using a broader measure of the money supply.
M2 Divided by International Reserves and Dollar Exchange Rate
Values expressed in Pesos
Variations
M2 / International Reserves
Last
1869.7698
2026-09-01 : 1869.7698
Daily Variation
-5.5%
2026-08-31 : 1978.0038
Monthly Variation
-6.3%
2026-08-01 : 1995.0616
Annual Variation
-2.0%
2025-09-01 : 1908.5051
2-Year Variation
-8.3%
2024-09-01 : 2038.5757
3-Year Variation
+165.6%
2023-09-01 : 704.0913
5-Year Variation
+1390.6%
2021-09-01 : 125.4354
10-Year Variation
+5428.8%
2016-09-01 : 33.8185