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    How BestExchangeRates can Save you Money in Malaysia

    For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in the United States 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.


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    We compare exchange rates from popular financial institutions in Mexico.

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    Mexican peso Market Update

    BestExchangeRates.com keeps you up-to-date on Mexican peso forecasts by collating the views of reliable FX forecasters and economists together with recent 90-day MXN price data. 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.


    According to market view and forecasts from FX analysts, the Mexican peso (MXN) is expected to experience some volatility in the coming months. Economists suggest that the Central Bank of Mexico (Banxico) may begin to ease its monetary stance, resulting in a decline in interest rates by Q1 2024. The MXN is forecasted to trade range-bound around 18-19 MXN/USD, with the bulk of the foreign exchange (FX) volatility expected in Q2 2024 due to the upcoming presidential elections. It is anticipated that the elections could push the MXN towards the upper end of this range.

    Major banks such as Deutsche Bank, Commerce Bank, BBVA, Citibanamex, and BofA view the MXN as relatively expensive and expect limited depreciation in 2024, with a projected range of 17 to 19.50 USD/MXN. This suggests that while the MXN may experience some fluctuations, it is not expected to depreciate significantly against the USD.

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    Mexican peso Currency News & Guides


    Popular Cross Rates

    AUD to CAD
    90-DAY HIGH2d
    AUDCAD Latest
    AUD to GBP
    14-DAY HIGH
    1-DAY +0.8%
    AUDGBP Latest
    AUD to SGD
    90-DAY HIGH
    1-DAY +0.9%
    AUDSGD Latest
    AUD to USD
    90-DAY HIGH
    1-DAY +1.0%
    AUDUSD Latest
    AUD to JPY
    90-DAY HIGH5d
    AUDJPY Latest
    AUD to INR
    90-DAY HIGH
    1-DAY +0.9%
    AUDINR Latest
    CAD to AUD
    90-DAY LOW2d
    CADAUD Latest
    CAD to GBP
    14-DAY HIGH
    1-DAY +0.8%
    CADGBP Latest
    CAD to SGD
    14-DAY HIGH
    1-DAY +0.8%
    CADSGD Latest
    CAD to USD
    30-DAY HIGH
    CADUSD Latest
    CAD to JPY
    14-DAY HIGH
    1-DAY +1.1%
    CADJPY Latest
    CAD to INR
    60-DAY HIGH
    CADINR Latest
    GBP to AUD
    14-DAY LOW
    1-DAY -0.8%
    GBPAUD Latest
    GBP to CAD
    14-DAY LOW
    1-DAY -0.8%
    GBP to SGD
    60-DAY HIGH
    GBPSGD Latest
    GBP to USD
    60-DAY HIGH
    GBPUSD Latest
    GBP to JPY
    90-DAY HIGH5d
    GBPJPY Latest
    GBP to INR
    90-DAY HIGH
    1-DAY +0.8%2d
    GBPINR Latest
    SGD to AUD
    90-DAY LOW
    1-DAY -0.9%
    SGDAUD Latest
    SGD to CAD
    14-DAY LOW
    1-DAY -0.8%
    SGDCAD Latest
    SGD to GBP
    60-DAY LOW
    SGDGBP Latest
    SGD to USD
    90-DAY HIGH2d
    SGDUSD Latest
    SGD to JPY
    30-DAY LOW
    SGDJPY Latest
    SGD to INR
    90-DAY HIGH2d
    SGDINR Latest
    USD to AUD
    90-DAY LOW
    1-DAY -1.0%
    USDAUD Latest
    USD to CAD
    30-DAY LOW
    USDCAD Latest
    USD to GBP
    60-DAY LOW
    USDGBP Latest
    USD to SGD
    90-DAY LOW2d
    USDSGD Latest
    USD to JPY
    60-DAY LOW
    1-DAY -0.9%
    USDJPY Latest
    USD to INR
    14-DAY LOW
    USDINR Latest

    Recent trends: HIGHLOWUPDOWN