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USD to MXN Forecasts – US dollar to Mexican peso

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

 

USD to MXN Forecast & Outlook

08 Jun 2026 • 00:24 GMT

USD/MXN 17.47

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: N/A
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, USD/MXN is trading near 17.47, just below its 3-month average, with the pair consolidating within its recent range. The dominant driver remains risk sentiment, supported by geopolitical tensions and safe-haven flows into USD. Near-term conditions suggest the pair may remain supported by heightened risk-off sentiment, limiting downside potential in the immediate future.

💸 Transfer implications

  • Expats: sending USD to Mexico may find conditions slightly more favourable than recent levels.
  • Travellers: buying pesos might see the pair holding near current levels, with limited immediate advantage.
  • Businesses: paying MXN invoices in USD could face elevated costs if USD gains further support.

🧭 Key drivers

  • Rate gap: The Fed's potential rate hikes and US yield advantage continue to support broad USD strength.
  • Risk/commodities: Global risk-off moves, driven by geopolitical tensions, boost safe-haven currencies like USD.
  • Global factors: Heightened safe-haven flows amid geopolitical tensions in the Middle East sustain USD demand.

⚠️ What could change it

  • Upside risk: A resolution in geopolitical tensions or a decline in risk aversion could weaken USD support.
  • Downside risk: Deterioration in US economic data or a shift in global risk sentiment could reduce USD strength.

BER suggests monitoring market conditions, as current risk sentiment and geopolitical factors could influence the pair’s near-term direction. Shopping around for the lowest margin provider may help reduce overall transfer costs.

 

USDMXN Bank Forecasts to end of the year

As we approach the end of the year, forecasts for the USD/MXN currency pair show mixed expectations. Bank of America maintains a bearish outlook on the Mexican peso, predicting an increase in the USD/MXN rate to 18.50. Conversely, Barclays is more optimistic, anticipating the peso will strengthen, setting a target of 17.25. These differing views highlight the uncertainty in the economic environment affecting the currency pair.

Big bank views

  • Bank of America forecasts USD/MXN at 18.50 by year-end.
  • Barclays projects a strengthening of the peso, forecasting USD/MXN at 17.25.
  • The forecasts reflect mixed views on the peso's resilience despite global economic pressures.

What could change the outlook

  • Further developments in US-Iran negotiations may impact global energy markets and influence the USD.
  • Changes in Mexico's economic policies or further credit rating adjustments could shift capital flows and impact the peso.
 

USD-MXN Rate Calculator

 
 
   
   
   
   
   
 
 

USD to MXN Market Data

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

 
Sell USD   →   Buy MXN
1 USD =
17.47We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d0.0%⬦
USD to MXN at 17.47 is just below its 3-month average, having traded in a quite stable 5.5% range from 17.17 to 18.12
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  1 MXN = 0.057246 USD

Compare & Save - US dollar to Mexican peso

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

Use our USD to MXN 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 Dollar to Peso currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Mexican peso?

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

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

DateUSD/MXNChangePeriod
25 May 2026
17.29
0.9% ▲2 Week
10 Mar 2026
17.60
0.9% ▼3 Month
08 Jun 2025
19.10
8.6% ▼1 Year
09 Jun 2021
19.73
11.6% ▼5 Year
10 Jun 2016
18.54
5.9% ▼10 Year
13 Jun 2006
11.46
52.3% ▲20 Year
USD/MXN historic rates & change to 08-Jun-2026

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 USD/MXN 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