The dollar have strengthened against the Mexican pesos, If the same amount of Mexican pesos are available for lesser dollar then this means that the Dollar have increased worth or the Mexican pesos worth is decreased.
An exchange rate is a rate at which a currency can be translated into some other currency, generally a currency is considered strong when a small amount of that currency can buy a large amount of the other currency.
The Mexican pesos are 100 for the exchange of 1 USD which means that the dollar is a strong currency. But this is not just the case in fact the Mexican pesos in 2010 can only be exchanged for a 0.87 USD which suggests that the Mexican pesos worth is decreased.
There are countries in the world whose currency is so low and they exchange large amounts for a single USD.
Learn more about Exchange Rate at https://brainly.com/question/27017998
#SPJ1
