Will USD/MXN exceed 19 before Jan 1, 2027 at 10:00 AM EST?
If the USD/MXN exchange rate published by Pyth Network is above 19 Mexican pesos per U.S. dollar at any point after issuance and before January 1, 2027 at 10:00 AM EST, then the market resolves to Yes. Secondary rules: This market measures threshold crossings after issuance and before January 1, 2027 at 10:00 AM EST. A single qualifying Pyth Network FX.USD/MXN aggregate price strictly greater than 19 Mexican pesos per U.S. dollar is sufficient for Yes. Otherwise, the market resolves to No after the observation window ends. Prices are rounded to four decimal places. The aggregate/midpoint price governs; the confidence interval does not establish a crossing. Prices before issuance do not count. If the feed becomes unavailable, is deprecated, or is materially altered, the Exchange may use a substantially equivalent replacement feed published by Pyth Network, with notice to Members, as provided in the contract. If an Expiration Value cannot be determined, Rule 7.1 applies. Revisions made after expiration do not count. The latest expiration is one week after the final observation date, at 10:00 AM ET. Expiration may move earlier after a qualifying crossing in accordance with Rule 7.2. Settlement is no later than the day after expiration unless the outcome is under review. Early close condition: This market will close early if Pyth Network reports a qualifying USD/MXN price above the threshold during the observation window.
