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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

18 Jul 2026 • 00:56 GMT

MXN/USD 0.057013

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0560 – 0.0570
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, MXN/USD is trading near its 7-day lows, holding just below the 3-month average. The pair has been consolidating within its recent tight range amid risk-off sentiment and safe-haven flows that support the US dollar. Over the next few sessions, the pair may remain supported by this risk-off bias and the global energy price environment, which continues to underpin USD strength.

💸 Transfer implications

  • Expats: sending money to the US dollar may find conditions slightly less favourable than recent levels.
  • Travellers: buying USD cash or loading currency cards could face pressure if the pair declines further.
  • Businesses: paying USD invoices with MXN might see less advantage compared to recent periods.

🧭 Key drivers

  • Rate gap: The yield differential favors the USD, with US interest rates holding above comparable Mexican levels.
  • Risk/commodities: Geopolitical tensions and safe-haven flows are supporting the USD amid risk-off conditions.
  • Global factors: Energy prices remain supportive of USD, reflecting broader global risk sentiment and commodities market influence.

⚠️ What could change it

  • Upside risk: A stabilization of energy prices or a shift toward risk appetite could reduce the USD's safe-haven appeal.
  • Downside risk: A resolution of geopolitical risks or a dovish shift in US monetary policy may weaken the USD short term.

BER suggests shopping around for the lowest margin provider to help reduce overall transfer costs. Comparing FX providers can also help offset less favourable exchange conditions.

 

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 =
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USD
1d−0.7%▼
MXN to USD is at 7-day lows near 0.057013, just 0.9% below its 3-month average of 0.057528, having traded in a very stable 2.5% range from 0.056800 to 0.058231
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  1 USD = 17.54 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
27 Jun 2026
0.0571
2 Week
12 Apr 2026
0.0574
3 Month
11 Jul 2025
0.0536
1 Year
12 Jul 2021
0.0504
5 Year
13 Jul 2016
0.0544
10 Year
16 Jul 2006
0.0909
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