Australian Dollar to Mexican Peso - Convert Compare Save
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees.
These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.
Compare AUD/MXN Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for AUD/MXN International Money Transfers. Costs are calculated against the amount when AUD is converted to MXN at mid-rate.
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More info▾
133,400 MXN
Best Overall
13.34
0^
1.14%
Bank Transfers - Online & Phone, Foreign Currency Accounts
The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Right now the AUD/MXN interbank exchange rate is 13.5202.
It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.
It's the reference rate we use to calculate how much you are being charged to convert Mexican Peso to Australian Dollar.
This AUD/MXN Converter calculates equivalent Australian Dollar to Mexican Peso amounts at the market mid-rate.
You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.
AUD / MXN converter & margin calculator
$AUD
$MXN
Mid-rates:
1 AUD =
13.5202MXN
1 MXN =
0.073963AUD
Compare how much you can save on AUD/MXN exchange rates for:
Australian Dollar to Mexican Peso (AUD-MXN) - 10 Year History
The below table shows the historic variation in the AUD/MXN exchange rate over the last 10 years.
The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
You can also view our various charts of AUD versus other currencies : AUD historical charts.
Date
Exchange Rate
Period
Change
21 Mar 2019
13.3953
Latest
14 Mar 2019
13.6516
1 Week
-1.88%
19 Feb 2019
13.7296
1 Month
-2.43%
22 Sep 2018
13.7378
6 Months
-2.49%
21 Mar 2018
14.3426
1 Year
-6.6%
21 Mar 2017
14.6642
2 Years
-8.65%
22 Mar 2014
12.0199
5 Years
+11.44%
23 Mar 2009
9.9482
10 Years
+34.65%
Why can't I just get the AUD/MXN market rate I see on Google or in the Media?
The AUD/MXN mid-rate is the rate you will see
Quoted on Google
or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between
the last rate at which the AUD / MXN was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin
you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for
travel money and possibly over 5% to 6% when sending money.
The exact potential savings depends on the currencies being exchanged and the amount
you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market AUD/MXN midrate the better deal you are getting.
The three things you need in order to get a good AUD to MXN exchange rate
Know the latest AUD/MXN market mid-rate.
The closer your final exchange rate is to this real market rate the better deal you are getting.
You should also judge how the current rate compares to the historic rate over the past 10 years.
Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees.
We make that easy to do with our calculators for
Foreign Transfers
and
Travel Money
transactions.
Currency news and forecasts for Australian Dollar and Mexican Peso
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs MXN, you should pay attention to both Australian Dollar and Mexican Peso news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.
In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.
Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.
Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).
Mexican Peso (MXN) - Market news and forecasts
12-February-2019: The December-January period was an excellent one for the Mexican peso as it strengthened by nearly 7 percent into the low 19s per USD. Traders began piling into pesos after USD/MXN failed multiple times in the fourth quarter ’18 to break meaningfully through important resistance at 20.5-20.6.
From here on in, the peso stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the peso had most to gain because of its sensitivity to the oil price, which ING says has significant upside this year.
Also supporting the peso in 2019 will be a slower pace of Federal Reserve interest rate hikes. Under such conditions the dollar will weaken, and emerging market currencies should gain value as a result because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.
Mexico