For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Mexico and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track AUD rates - transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Follow exchange rates via your personal BER Tracker Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
The Mexican peso (MXN) has recently experienced significant volatility as traders react to developments in U.S.-Mexico trade relations. After President Claudia Sheinbaum indicated potential retaliatory measures against the U.S. due to new tariffs, the peso fell against the U.S. dollar. However, a subsequent statement from U.S. Commerce Secretary Howard Lutnick suggesting that tariffs could be eased helped the currency rebound. The market has remained cautiously optimistic, anticipating that discussions between both nations may prevent the 25% tariffs from being implemented long-term.
Recent price data highlights that the MXN to USD exchange rate stands at 0.049188, placing it slightly above its three-month average and within a stable trading range of 6.4% from 0.047168 to 0.050204. Conversely, the peso has weakened against the euro, with the MXN to EUR rate hitting a 90-day low of 0.043332, which is 6.1% beneath its three-month average, reflecting a volatile range of 9.8% from 0.043332 to 0.047580.
BestExchangeRates.com keeps you up-to-date on Mexican peso forecasts by collating the views of reliable FX forecasters and economists together with recent MXN price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
Recent popular articles from our research team
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
The Chinese yuan has weakened following the United States' decision to impose a 125% tariff on Chinese imports, prompting the People's Bank of China to intervene to stabilize the currency.
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
Compare and Save on Foreign Exchange |
BER is operated by Best Exchange Rates Pty Ltd, a company incorporated under the laws of Australia with company number ABN 68082714841.BER is a comparison website only and not a currency trading platform. BestExchangeRates.com uses cookies. Disclaimer & Terms of Service Privacy