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MXN to USD Forecasts – Mexican peso to US dollar

Latest MXN to USD forecasts including bank predictions, key market drivers and recent trends for MXN/USD. See where analysts expect the pair to move and the factors likely to influence it.

 

MXN to USD Forecast & Outlook

27 Jun 2026 • 00:54 GMT

MXN/USD 0.057129

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 0.0570 – 0.0580
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, MXN/USD is trading close to its 90-day average, supported by risk-off sentiment and US dollar strength. The pair remains near the mid-range of its recent stability. Over the next few sessions, current risk-averse conditions suggest the peso may continue to find support, but demand for safe havens could cap near-term gains. Near-term conditions imply limited upside unless global risk conditions improve.

💸 Transfer implications

  • Expats: sending money to USD may find current levels somewhat supportive but should watch for further USD strength.
  • Travellers: exchanging currency could face pressure if the pair moves higher, making USD costlier.
  • Businesses: paying USD invoices may encounter slightly less favourable exchange rates if the peso remains under risk-off pressure.

🧭 Key drivers

  • Rate gap: The US dollar is supported by interest rate differentials and US monetary policy resilience.
  • Risk/commodities: Global risk-off sentiment and safe-haven flows are supporting USD, pressuring EMFX like MXN.
  • Global factors: Elevated global uncertainty and US economic strength are sustaining safe-haven demand.

⚠️ What could change it

  • Upside risk: A reduction in global risk sentiment or easing of US-China tensions could bolster the peso.
  • Downside risk: Unexpected US fiscal policy shifts or Mexican policy changes could weaken the peso further.

BER suggests comparing FX providers, as finding options with lower margins can help offset less favourable conditions and lower overall transfer costs.

 

USDMXN Bank Forecasts to end of the year

The outlook for USD/MXN towards the end of 2026 shows slight variation among major banks. Bank of America forecasts the pair at 18.50, indicating potential pressure on the peso. UBS projects a slightly lower figure of 18.2, suggesting some underlying support for the peso compared to Bank of America's view. Banco Base offers a more balanced view with an expectation of USD/MXN near 17.82 by the fourth quarter, adding another layer of variance to predictions.

Big bank views

  • Bank of America forecasts USD/MXN at 18.50, suggesting pressure on the peso.
  • UBS expects USD/MXN at 18.2 by Q4, implying less pressure than some forecasts.
  • Banco Base projects a gradual depreciation of the peso, with USD/MXN nearing 17.82.

What could change the outlook

  • US Federal Reserve actions: Anticipated interest rate hikes could strengthen the USD further, impacting USD/MXN.
  • Mexican monetary policy: Decisions by Banxico on rates could influence the peso's resilience against the USD.
 

MXN-USD Rate Calculator

 
 
   
   
   
   
   
 
 

MXN to USD Market Data

Mexican peso (MXN) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MXN   →   Buy USD
1 MXN =
0.057177We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.4%▼
MXN to USD at 0.056958 is just 1.0% below its 3-month average of 0.057512, having traded in a quite stable 4.2% range from 0.055887 to 0.058231
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  1 USD = 17.49 MXN

Compare & Save - Mexican peso to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Mexican peso (MXN) to US dollar (USD) rates from different sources before making a conversion.

Use our MXN to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Peso to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Mexican peso rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Mexican peso vs US dollar current value is to look the MXN/USD historic rate and change over a range of periods.

The following table looks at the change in the MXN to USD exchange rate over periods from the previous week back to the last 10 years.

DateMXN/USDPeriod
13 Jun 2026
0.0581
2 Week
29 Mar 2026
0.0551
3 Month
27 Jun 2025
0.0531
1 Year
28 Jun 2021
0.0505
5 Year
29 Jun 2016
0.0537
10 Year
02 Jul 2006
0.0887
20 Year
MXN/USD historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MXN/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more