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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

12 Jun 2026 • 00:25 GMT

USD/MXN 17.25

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 16.8700 – 17.2500
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, USD/MXN is trading close to 14-day lows near 17.25, below its 3-month average of 17.49. Risk-off sentiment driven by US-Iran tensions and tech sector volatility supports Mexican peso strength. Over the next few sessions, the pair may remain supported by risk aversion, but near-term conditions suggest it could face pressure if global risk appetite improves.

💸 Transfer implications

  • Expats: sending USD to MXN may find current levels slightly more favourable than recent levels.
  • Travellers: buying MXN cash may see limited room for gains if the pair holds near recent lows.
  • Businesses: paying invoices in MXN could face less favourable exchange conditions if the pair moves away from current support levels.

🧭 Key drivers

  • Rate gap: The US Federal Reserve’s cautious stance continues to support the current near-90-day average, with the Fed holding rates steady amidst global uncertainties.
  • Risk/commodities: Geopolitical risks and US risk-off flows support safe-haven currencies, including the USD, pressuring risk-sensitive FX.
  • Global factors: US-Iran tensions and geopolitical risk remain the dominant force influencing market risk sentiment and USD/MXN.

⚠️ What could change it

  • Upside risk: A decrease in US risk appetite or escalation of geopolitical tensions could strengthen the USD further.
  • Downside risk: A resolution in US-Iran tensions or a stabilization in risk sentiment may diminish safe-haven flows, weakening the USD.

BER suggests comparing FX providers to find lower margins and help offset less favourable exchange conditions.

 

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 =
17.25We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−1.0%▼
USD to MXN is at 14-day lows near 17.25, 1.4% below its 3-month average of 17.49, having traded in a quite stable 5.5% range from 17.17 to 18.12
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  1 MXN = 0.057985 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
28 May 2026
17.31
0.5% ▲2 Week
13 Mar 2026
17.95
3.1% ▼3 Month
11 Jun 2025
18.90
8% ▼1 Year
12 Jun 2021
19.87
12.5% ▼5 Year
13 Jun 2016
18.80
7.5% ▼10 Year
16 Jun 2006
11.40
52.5% ▲20 Year
USD/MXN historic rates & change to 11-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