Mercadolibre (MELI) Exchange Rate Effect (2009 - 2026)

Mercadolibre (MELI) recorded quarterly Exchange Rate Effect of $527.0 million in Q1 2026, up 309.13% quarter-over-quarter from -$252.0 million in Q4 2025, and up 263.45% on a YoY basis from $145.0 million in Q1 2025.

Mercadolibre (MELI) Exchange Rate Effect (2009 - 2026) Analysis & Trends

Mercadolibre's Exchange Rate Effect history runs 18 years deep, the most recent figure standing at $527.0 million for Q1 2026.

  • In Q1 2026, Exchange Rate Effect rose 263.45% year-over-year to $527.0 million; the TTM figure through Mar 2026 stood at $379.0 million (up 173.17% YoY), while the FY2025 annual figure was -$3.0 million, up 99.59% from the prior year.
  • Exchange Rate Effect was $527.0 million for Q1 2026 at Mercadolibre, up from -$252.0 million in the prior quarter.
  • In the past five years, Exchange Rate Effect ranged from a high of $527.0 million in Q1 2026 to a low of -$495.0 million in Q4 2023.
  • Historically, Exchange Rate Effect has averaged -$83.7 million across 5 years, with a median of -$76.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Exchange Rate Effect slumped 910.2% in 2023, then surged 290.79% in 2025.
  • A 5-year view of Exchange Rate Effect shows it stood at -$49.0 million in 2022, then plunged by 910.2% to -$495.0 million in 2023, then surged by 32.93% to -$332.0 million in 2024, then gained by 24.1% to -$252.0 million in 2025, then surged by 309.13% to $527.0 million in 2026.
  • The last three Exchange Rate Effect figures came in at $527.0 million (Q1 2026), -$252.0 million (Q4 2025), and $19.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FX Effect (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn -1.00 Mn
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 527.00 Mn
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -22.00 Mn
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -155.49 Mn
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -12.00 Mn
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -251.00 Mn
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -4.37 Mn
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 4.00 Mn
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -1.00 Mn
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 527.00 Mn
Mar 31, 2026 527.00 Mn
Dec 31, 2025 -252.00 Mn
Dec 31, 2025 -252.00 Mn
Sep 30, 2025 19.00 Mn
Sep 30, 2025 19.00 Mn
Jun 30, 2025 85.00 Mn
Jun 30, 2025 85.00 Mn
Mar 31, 2025 145.00 Mn
Mar 31, 2025 145.00 Mn
Dec 31, 2024 -332.00 Mn
Dec 31, 2024 -332.00 Mn
Sep 30, 2024 -63.00 Mn
Sep 30, 2024 -63.00 Mn
Jun 30, 2024 -268.00 Mn
Jun 30, 2024 -268.00 Mn
Mar 31, 2024 -76.00 Mn
Mar 31, 2024 -76.00 Mn
Dec 31, 2023 -495.00 Mn
Dec 31, 2023 -495.00 Mn