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MXN to USD 2026 Forecasts

Analysis of recent peso → dollar forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Mexican peso to US dollar performance and trends.

 

MXN/USD Outlook: Bullish, as the rate is trading significantly above its recent average and near recent highs, supported by the Bank of Mexico's pause on rate cuts.

Key drivers:

• Rate gap: The Bank of Mexico's benchmark interest rate remains higher than the Federal Reserve's expected cuts, supporting the Peso.

• Risk/commodities: Oil prices are currently above average, benefiting the MXN due to its oil-exporting status.

• Trade policy changes: Recent tariffs imposed by Mexico on imports from non-FTA countries could stimulate domestic production and strengthen the Peso.

Range: The pair is likely to hold at elevated levels within its recent range, with less volatility expected.

What could change it:

• Upside risk: A stronger-than-expected U.S. inflation report could reduce expectations for Fed rate cuts, boosting the USD.

• Downside risk: Any significant deterioration in Mexico's economic forecasts could prompt a weaker Peso 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 =
0.057594We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.6%▲
90dHighs◓
MXN to USD is at 90-day highs near 0.057594, 4.4% above its 3-month average of 0.055186, having traded in a relatively stable 7.7% range from 0.053496 to 0.057594
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  1 USD = 17.36 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.

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