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EUR to MXN - Rate Guide

Euro 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.

 

EUR/MXN trend & alerts

1 EUR = 21.28 MXN

EUR/MXN is trading well below the 90 day average 21.61 with a range from LOW 21.19 to HIGH 22.38. There are currently no alerts.
 

View EUR/MXN - Interactive Chart

EUR/MXN Exchange Rates and Providers Compared

This guide to the Euro to Mexican Peso exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR to MXN comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the EUR/MXN Calculator.

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 EUR/MXN International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

EUR to MXN International Money Transfers

  

Foreign Transfer ProvidersReceive MXN(Mex$)Exchange RateFee EURTotal CostDeal Links
WorldFirst logo
Mex$105,700
Best Overall
21.1400.51%
OFX logo
Mex$104,500
Mex$1,200 less
20.90 for BER users (normally $15)1.64%
TorFX logo
Mex$104,400
Mex$1,300 less
20.8801.73%
HSBC logo
Mex$102,296
Mex$3,404 less
20.49€7.53.72%
Deutsche Bank International Money Transfers
Deutsche Bank logo
Mex$101,327
Mex$4,373 less
20.47€504.63%
Citibank International Money Transfers
Citibank logo
Mex$101,256
Mex$4,444 less
20.3124.69%
Santander International Money Transfers
Santander logo
Mex$100,696
Mex$5,004 less
20.22205.22%
Bank of Ireland International Money Transfers
Bank of Ireland logo
Mex$100,089
Mex$5,611 less
20.22€505.79%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
Mex$100,096
Mex$5,604 less
20.16125.79%
BNP Paribas International Money Transfers
BNP Paribas logo
Mex$99,396
Mex$6,304 less
20.08€506.44%
Crédit Agricole International Money Transfers
Crédit Agricole logo
Mex$99,347
Mex$6,353 less
20.07€506.49%
AIB Bank International Money Transfers
AIB Bank logo
Mex$98,951
Mex$6,749 less
19.99€506.86%
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
Mex$97,507
Mex$8,193 less
19.56158.22%
 

WorldFirst logo

WorldFirst: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:
Exchange Rate:21.14 (0.51% from mid-rate)
To Amount (MXN) Mex$105,700
Total Cost:0.51%
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:20.9 (1.64% from mid-rate)
To Amount (MXN) Mex$104,500
Total Cost:1.64%
Difference:
Mex$1,200 MXN less than using WorldFirst
Time:
Rate Fetched: Wed Oct 16 2019 17:11:53 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:0
Exchange Rate:20.88 (1.73% from mid-rate)
To Amount (MXN) Mex$104,400
Total Cost:1.73%
Difference:
Mex$1,300 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:20.49 (3.57% from mid-rate)
To Amount (MXN) Mex$102,296
Total Cost:3.72%
Difference:
Mex$3,404 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logo

Deutsche Bank: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:20.47 (3.66% from mid-rate)
To Amount (MXN) Mex$101,327
Total Cost:4.63%
Difference:
Mex$4,373 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:12
Exchange Rate:20.3 (4.46% from mid-rate)
To Amount (MXN) Mex$101,256
Total Cost:4.69%
Difference:
Mex$4,444 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logo

Santander: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:20
Exchange Rate:20.22 (4.84% from mid-rate)
To Amount (MXN) Mex$100,696
Total Cost:5.22%
Difference:
Mex$5,004 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Bank of Ireland logo

Bank of Ireland: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:20.22 (4.84% from mid-rate)
To Amount (MXN) Mex$100,089
Total Cost:5.79%
Difference:
Mex$5,611 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:12
Exchange Rate:20.15 (5.17% from mid-rate)
To Amount (MXN) Mex$100,096
Total Cost:5.79%
Difference:
Mex$5,604 MXN less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

BNP Paribas logo

BNP Paribas: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:20.08 (5.5% from mid-rate)
To Amount (MXN) Mex$99,396
Total Cost:6.44%
Difference:
Mex$6,304 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Crédit Agricole logo

Crédit Agricole: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:20.07 (5.55% from mid-rate)
To Amount (MXN) Mex$99,347
Total Cost:6.49%
Difference:
Mex$6,353 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

AIB Bank logo

AIB Bank: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:19.99 (5.92% from mid-rate)
To Amount (MXN) Mex$98,951
Total Cost:6.86%
Difference:
Mex$6,749 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logo

Sparkasse Bank: Foreign Transfer EUR→MXN
From Amount (EUR)€5,000
Fee:15
Exchange Rate:19.56 (7.95% from mid-rate)
To Amount (MXN) Mex$97,507
Total Cost:8.22%
Difference:
Mex$8,193 MXN less than using WorldFirst
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 10/16/2019 - See full table

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.

Travel Money ProvidersAmount MXN(Mex$)Exchange RateFee EURTotal CostDeal Links
Deutsche Bank Foreign Currency
Deutsche Bank logo
Mex$19,493
Compare
19.79€158.26%
BNP Paribas Foreign Currency
BNP Paribas logo
Mex$19,385
Mex$108 less
19.68€158.77%
Citibank Foreign Currency
Citibank logo
Mex$19,384
Mex$109 less
19.58€108.78%
Banks - Average Rate
Deutsche Bank logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
Mex$19,198
Mex$295 less
19.41€109.65%
Crédit Agricole Foreign Currency
Crédit Agricole logo
Mex$19,188
Mex$305 less
19.48€159.7%
Bank of Ireland Foreign Currency
Bank of Ireland logo
Mex$19,166
Mex$327 less
19.36€109.8%
AIB Bank Foreign Currency
AIB Bank logo
Mex$19,127
Mex$366 less
19.32€109.99%
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
Mex$18,978
Mex$515 less
19.17€1010.69%
HSBC logo
Mex$18,860
Mex$633 less
18.86011.24%
Travelex Online logo
Mex$17,764
Mex$1,729 less
17.7639016.4%
 

Deutsche Bank logo

Deutsche Bank: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:19.79 (6.86% from mid-rate)
To Amount (MXN) Mex$19,493
Total Cost:8.26%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logo

BNP Paribas: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:19.68 (7.38% from mid-rate)
To Amount (MXN) Mex$19,385
Total Cost:8.77%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:19.58 (7.85% from mid-rate)
To Amount (MXN) Mex$19,384
Total Cost:8.78%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:18.76 (11.71% from mid-rate)
To Amount (MXN) Mex$19,198
Total Cost:9.65%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logo

Crédit Agricole: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:19.48 (8.32% from mid-rate)
To Amount (MXN) Mex$19,188
Total Cost:9.7%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logo

Bank of Ireland: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:19.36 (8.89% from mid-rate)
To Amount (MXN) Mex$19,166
Total Cost:9.8%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logo

AIB Bank: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:19.32 (9.08% from mid-rate)
To Amount (MXN) Mex$19,127
Total Cost:9.99%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logo

Sparkasse Bank: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:19.17 (9.78% from mid-rate)
To Amount (MXN) Mex$18,978
Total Cost:10.69%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:
Exchange Rate:18.86 (11.24% from mid-rate)
To Amount (MXN) Mex$18,860
Total Cost:11.24%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Travelex Online logo

Travelex Online: Travel Money EUR→MXN
From Amount (EUR)€1,000
Fee:undefined
Exchange Rate:17.7639 (16.4% from mid-rate)
To Amount (MXN) Mex$17,764
Total Cost:16.4%
Time:
Rate Fetched: Wed Oct 16 2019 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 10/16/2019 - See full table

EUR / MXN converter & margin calculator

€EUR
Mex$MXN
mid-rates

Compare how much you can save on EUR/MXN exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Euro

Mexican Peso

1 EUR 21.28 MXN
5 EUR 106.40 MXN
10 EUR 212.80 MXN
20 EUR 425.60 MXN
50 EUR 1,064.00 MXN
100 EUR 2,128.00 MXN
250 EUR 5,320.00 MXN
500 EUR 10,640.00 MXN
1,000 EUR 21,280.00 MXN
2,000 EUR 42,560.00 MXN
5,000 EUR 106,400.00 MXN
10,000 EUR 212,800.00 MXN
50,000 EUR 1,064,000.00 MXN
100,000 EUR 2,128,000.00 MXN
See more

Euro

Mexican Peso

0.0470 EUR 1 MXN
0.2350 EUR 5 MXN
0.4700 EUR 10 MXN
0.9400 EUR 20 MXN
2.3501 EUR 50 MXN
4.7002 EUR 100 MXN
11.75 EUR 250 MXN
23.50 EUR 500 MXN
47.00 EUR 1,000 MXN
94.00 EUR 2,000 MXN
235.01 EUR 5,000 MXN
470.02 EUR 10,000 MXN
2,350.10 EUR 50,000 MXN
4,700.20 EUR 100,000 MXN
See more
Country Guides (EUR & MXN)
EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MexicoMexico (MXN)MonacoMonaco (EUR)MontenegroMontenegro (EUR)
NetherlandsNetherlands (EUR)PortugalPortugal (EUR)ReunionReunion (EUR)
Saint BarthélemySaint Barthélemy (EUR)Saint MartinSaint Martin (EUR)Saint Pierre And MiquelonSaint Pierre And Miquelon (EUR)
San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)
SpainSpain (EUR)

EUR/MXN - Historical Trends

This table shows historic rates and trends of Euro to Mexican Peso over periods upto 10 years.

PeriodChange*EUR/MXNDate
1 Day+0.2%21.221315 Oct 2019
7 Day-1.2%21.527109 Oct 2019
30 Day-0.6%21.388816 Sep 2019
3 Month-0.5%21.364218 Jul 2019
1 Year-2%21.711416 Oct 2018
5 Year+23.2%17.267217 Oct 2014
10 Year+9%19.518718 Oct 2009

*For period to 16-Oct 21UTC when EUR/MXN was 21.2670

You can use our EUR interactive charts to check EURMXN historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

EUR and MXN in the Markets

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

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR 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 EUR/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 EUR / 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.

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 EUR Exchange Rates