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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

13 Jun 2026 • 00:24 GMT

USD/MXN 17.22

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 16.8700 – 17.2200
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend:

Currently, USD/MXN is trading near 17.22, below its 3-month average of 17.48, with the pair holding near recent lows within a stable range. The dominant driver is risk sentiment, which remains pressured by geopolitical tensions and tech sector volatility. Over the next few sessions, conditions may remain supported by risk-off flows, though current levels could face downward pressure if risk aversion persists.

💸 Transfer implications

  • Expats: sending money to Mexico may find current rates more favourable than recent levels.
  • Travellers: exchanging USD for MXN might see limited gains if the pair weakens further.
  • Businesses: paying overseas invoices in MXN should monitor for potentially more favourable exchange rates if downside momentum continues.

🧭 Key drivers

  • Rate gap: The US dollar’s yield advantage has narrowed, reducing the USD's recent support.
  • Risk/commodities: Heightened risk-off sentiment driven by geopolitical tensions is weighing on risk-sensitive currencies.
  • Global factors: External pressures like US-Iran tensions sustain risk aversion and support safe-haven flows.

⚠️ What could change it

  • Upside risk: A reversal in risk sentiment toward global stability could support USD strength.
  • Downside risk: Escalation of geopolitical tensions or further risk-off conditions could deepen the peso's weakness.

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 =
17.22We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−0.2%▼
USD to MXN is at 14-day lows near 17.22, 1.5% below its 3-month average of 17.48, having traded in a quite stable 5.5% range from 17.17 to 18.12
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  1 MXN = 0.058062 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
29 May 2026
17.35
0.6% ▼2 Week
14 Mar 2026
17.95
4% ▼3 Month
12 Jun 2025
18.88
8.7% ▼1 Year
13 Jun 2021
19.88
13.3% ▼5 Year
14 Jun 2016
18.89
8.7% ▼10 Year
17 Jun 2006
11.42
51% ▲20 Year
USD/MXN historic rates & change to 12-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.

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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