I am looking for a monthly breakdown of remittances sent by US-based
mexican immigrants (documented and non-documented) back home.
Specifically, I need the past 18 months, ending with October 2006
(inclusive).

It should look something like: 
April 2004: $xxx
May 2004: $xxx
...
October 2006: $xxx

Please note your sources in the answer.

Hello Adsee,

Remittances to Mexico
------------------------------------
DATE	     Millions (U.S. Dollars)
------------------------------------
Jan 2004	972.3
Feb 2004	1,050.9
Mar 2004	1,348.9
Apr 2004	1,369.6
May 2004	1,601.7
Jun 2004	1,534.7
Jul 2004	1,493.7
Aug 2004	1,599.7
Sep 2004	1,422.4
Oct 2004	1,411.8
Nov 2004	1,372.4
Dec 2004	1,434.6
Jan 2005	1,245.8
Feb 2005	1,286.7
Mar 2005	1,532.5
Apr 2005	1,582.5
May 2005	1,880.1
Jun 2005	1,750.8
Jul 2005	1,701.4
Aug 2005	1,976.5
Sep 2005	1,762.2
Oct 2005	1,826.7
Nov 2005	1,733.4
Dec 2005	1,756.2
Jan 2006	1,582.0
Feb 2006	1,650.6
Mar 2006	1,951.9
Apr 2006	1,844.7
May 2006	2,295.2
Jun 2006	2,100.5
Jul 2006	1,967.6
Aug 2006	2,117.5
Sep 2006	1,933.0
---------------------------------
Source: Bank of Mexico

http://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadroAnalitico&locale=en&idCuadro=CA11&usarCache=false&cuadroAnaliticoFechaCuadro=10/01/2006


To confirm that these are the correct figures I added up the 2004
monthly remittance numbers.
The total is 16,612.7 (million dollars) 

According to the article Banking across Borders ?In 2004, Mexican
immigrants in the United States sent a record $16.6 billion dollars to
their relatives in Mexico.?

The figures match.

Source: University of Texas at Austin
http://utopia.utexas.edu/articles/tbr/remittance.html?sec=business&sub=banking



Search terms:
Remittances Bank of Mexico million
remittances U.S. immigrants to Mexico

I hope the data provided is helpful!

Best regards, 
Bobbie7

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Request for Answer Clarification by adsee-ga on 24 Nov 2006 11:59 PST

Thank you for the answer. The one item that I would like to request is
the October, 2006 data. Unfortunately, this is a case where the most
recent data is most important to me; I can't make the decision that I
want to make without the data from Oct 2006.

Best Regards,
adsee-ga (what a name, eh?)

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 12:14 PST

Adsee,

I'll check again for the October figure.

Thank you for your patience.

Bobbie7

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 12:30 PST

Migrant Remittances provides the following expected remittance figure for 2006:

"The Central Bank of Mexico expects migrant remittances to Mexico for
2006 to total almost US$24 billion as the number of Mexicans working
in the United States continues to increase. This exceeds 2005
levels?$20.6 billion?by 20 percent and is more than six times the $3.7
billion in remittances recorded in 1995."

http://www.livelihoods.org/hot_topics/docs/Migrant%20Remittances_Oct06.pdf

I'll see if I can find something a bit more specific.

---

Clarification of Answer by bobbie7-ga on 24 Nov 2006 13:18 PST

A newspaper article dated November 13th gives the most up-to-date
remittance figure as 1,933.0 million for September 2006.

?El monto conjunto involucrado en las remesas que se recibieron en
septiembre de 2001, por ejemplo, fue de 772 millones de dólares; en
tanto que en el mismo mes de 2006 se elevaba a mil 933 millones, lo
que representó un incremento de 150 por ciento.?
http://www.jornada.unam.mx/2006/11/13/index.php?section=economia&article=031n2eco

Here the total 2006 remittance figure for Mexico is pegged at  25,038
million dollars
http://www.jornada.unam.mx/scripts/enlarge_image.php?foto=/2006/11/23/fotos/026n1eco-1.jpg&caption=&producer=

According to my research the October remittance figure has not yet
been published. I did extensive searches in English as well as in
Spanish.

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 14:36 PST

I have uploaded all the remittance figures from the Bank of Mexico website. 

The most up-to-date figure they offer is for September 2006.

Download all the monthly data in EXCEL format here:
http://esnips.com/doc/3916170e-88e6-48f3-8c3a-b1ebc5434906/Remittances-1995-present.xls

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 14:41 PST

Dear Adsee,

I just sent an email to the BAnk of Mexico asking for the October 2006
remittance figure.

As soon as they respond I will let you know.

Sincerely,
Bobbie7

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 16:58 PST

The Bank of Mexico responded. 

They directed me to the following page
http://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadroAnalitico&locale=es&idCuadro=CA11&usarCache=false&cuadroAnaliticoFechaCuadro=01/10/2006

Unfortunately, the remittance figure for October is not yet available.

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Request for Answer Clarification by adsee-ga on 24 Nov 2006 19:16 PST

OK. I know that theres nothing you can do about it. I suppose that
knowing the date that the October figure will be available could act
as a substitute.

---

Clarification of Answer by bobbie7-ga on 24 Nov 2006 19:38 PST

They did not give me a date; however I will check back everyday and
will let you know when it becomes available.

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Clarification of Answer by bobbie7-ga on 24 Nov 2006 20:21 PST

I sent another email to the Bank of Mexico asking for the exact date
the October remittance data will be published.

I will let you know as soon as they answer.

Thank you for your patience.

Bobbie7

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Clarification of Answer by bobbie7-ga on 27 Nov 2006 13:28 PST

Dear Adsee,

The Bank of Mexico answered my email and said the October remittance
figures are ususally published between 30 and 35 days after the end of
the month.

Therefore the October data will be published between November 30th and
December 5th.

I will be checking everyday for the October data and will let you know
as soon as they appear.

Thanks again for your continued patience.

Sincerely,
Bobbie7

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Clarification of Answer by bobbie7-ga on 28 Nov 2006 17:00 PST

Hello again Adsee,

The October figure has finally been published!

Oct 2006 $2,077.3 

Source: Bank of Mexico

http://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadroAnalitico&locale=en&idCuadro=CA11&usarCache=false&cuadroAnaliticoFechaCuadro=10/01/2006



Best regards, 
Bobbie7