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AUD/MXN - Convert Compare Save

Australian Dollar to Mexican Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Mexican Peso exchange rate, has news, forecasts and AUD to MXN comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/MXN Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/MXN International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive MXN($)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX (OzForex) logo
134,100 MXN
Best Overall
13.410^1.1%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TorFX logo
134,000 MXN
100 MXN
13.401.17%Bank Transfers - Online & Phone1-2 days
 
National Australia Bank (nab) logo
129,315 MXN
4,785 MXN
12.96224.63%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
National Australia Bank (nab) logo ANZ Bank logo
129,124 MXN
4,976 MXN
12.94154.77%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
128,932 MXN
5,168 MXN
12.9164184.91%Online, Branch, Bank Transfers2-3 days
OFX (OzForex): Foreign Transfer AUD→MXN
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:13.41 (1.1% from mid-rate)
MXN amount:134,100 MXN
Total Cost:1.1%
Time:
Rate Fetched: Mon Mar 25 2019 04:00:27 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→MXN
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:13.4 (1.17% from mid-rate)
MXN amount:134,000 MXN
Total Cost:1.17%
Difference:
100 MXN less than using OFX (OzForex)
Time:4:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→MXN
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:12.96 (4.42% from mid-rate)
MXN amount:129,315 MXN
Total Cost:4.63%
Difference:
4,785 MXN less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Mar 25 2019 04:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→MXN
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:13.3 (1.91% from mid-rate)
MXN amount:129,124 MXN
Total Cost:4.77%
Difference:
4,976 MXN less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer AUD→MXN
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:12.9164 (4.74% from mid-rate)
MXN amount:128,932 MXN
Total Cost:4.91%
Difference:
5,168 MXN less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Mar 25 2019 04:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Example 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
Travel Money Providers
Ratings & Reviews
Amount MXN($)Exchange RateFee AUDTotal CostCurrency ServicesDelivery/CollectDeal Links
 
National Australia Bank (nab) logo
12,712 MXN
12.84106.25%Branch-
Banks - Average Rate
Commonwealth Bank (CBA) logo National Australia Bank (nab) logo
12,573 MXN
139 MXN
12.7107.27%Branch-
 
Commonwealth Bank (CBA) logo
12,434 MXN
278 MXN
12.56$108.3%Branch-
 
Travelex Online AU logo
12,229 MXN
483 MXN
12.229$0 BPay, Card 0.72%-1%9.81%Online order, Branch pickup, Home delivery2-3 days
 
Travel Money Oz logo
11,683 MXN
1,029 MXN
11.6831$0 BPay, Credit Card 1%13.84%Online order, Branch pickup3-5 days
National Australia Bank (nab): Travel Money AUD→MXN
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:12.84 (5.3% from mid-rate)
MXN amount:12,712 MXN
Total Cost:6.25%
Time:
Rate Fetched: website - 4:08 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→MXN
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:12.89 (4.93% from mid-rate)
MXN amount:12,573 MXN
Total Cost:7.27%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→MXN
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:12.56 (7.37% from mid-rate)
MXN amount:12,434 MXN
Total Cost:8.3%
Time:
Rate Fetched: website - Mon Mar 25 2019 04:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→MXN
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:12.229 (9.81% from mid-rate)
MXN amount:12,229 MXN
Total Cost:9.81%
Time:
Rate Fetched: Mon Mar 25 2019 04:00:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Travel Money Oz: Travel Money AUD→MXN
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:11.6831 (13.84% from mid-rate)
MXN amount:11,683 MXN
Total Cost:13.84%
Time:
Rate Fetched: Mon Mar 25 2019 03:30:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 

AUD to MXN interbank exchange rate = 13.3291

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/MXN exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUDMXN blended flags

AUD and MXN in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs MXN, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Mexican Peso (MXN)

At 18.8 per US dollar, the Mexican peso was trading on April-20 close to its strongest level in 6 ½ months, though it was meeting significant resistance (USD/MXN support) at 18.75—a level from which the peso was repelled twice last October, in March, and once already in April.

Boosting the peso has been the thriving oil market. Oil is high on the list of Mexico’s top exports and by April-20 it was up 44 percent for the year to $65 per barrel.

Also supporting the peso has been the dovish turn by the Federal Reserve. With no increase in US interest rates projected this year, the dollar will weaken and the peso should gain value because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

Earlier this year, ING said that the peso would be among 2019’s best performing emerging market currencies, though newly-formed BlueLine Asset Management said one if its first market bets would be on peso depreciation based on disappointing economic growth.

Why can't I just get the AUD/MXN market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / MXN was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

AUDMXN blended flags

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates