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INR to MXN - Rate Guide

Indian Rupee 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/Card transactions as shown below.

 

1 INR = 0.2605 MXN

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INR to MXN - Trading Range (90 Day)
1-DAY ▼ 0.7% (2d)90-DAY LOW (2d)
INR/MXN at 0.2594 is trading 2.6% below the 90-day average 0.2664 with a range 0.259 to 0.2742. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Indian Rupee to Mexican Peso

INR

MXN

1
Mex$ 0.2605
5
Mex$ 1.3025
10
Mex$ 2.6050
20
Mex$ 5.2100
50
Mex$ 13.03
100
Mex$ 26.05
250
Mex$ 65.13
500
Mex$ 130.25
1,000
Mex$ 260.50
2,000
Mex$ 521.00
5,000
Mex$ 1,303
10,000
Mex$ 2,605
50,000
Mex$ 13,025
100,000
Mex$ 26,050
More amounts

INR

MXN

3.8392
Mex$ 1
19.20
Mex$ 5
38.39
Mex$ 10
76.78
Mex$ 20
191.96
Mex$ 50
383.92
Mex$ 100
959.80
Mex$ 250
1,920
Mex$ 500
3,839
Mex$ 1,000
7,678
Mex$ 2,000
19,196
Mex$ 5,000
38,392
Mex$ 10,000
191,960
Mex$ 50,000
383,920
Mex$ 100,000
More amounts

To calculate specific INR/MXN amounts use our Convert INR to MXN quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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 INR/MXN International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

INR to MXN International Money Transfers

  

Foreign Transfer ProvidersReceive MXN(Mex$)Exchange RateFee INRTotal CostDeal Links
ICICI Bank International Money Transfers
ICICI Bank logo
2,475 Mex$0.25₹1004.55%
Banks - Average Rate
Indian Bank logo ICICI Bank logo
2,469 Mex$0.2494154.8%
Indian Bank International Money Transfers
Indian Bank logo
2,462.13 Mex$0.2487₹1005.05%
 
ICICI Bank logo
ICICI Bank: Foreign Transfer INR→MXN
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.2500 (3.59% from mid-rate)
To Amount (MXN)2,475 Mex$
Total Cost:4.55%
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer INR→MXN
From Amount (INR)₹10,000
Fee:15
Exchange Rate:0.2437 (6.02% from mid-rate)
To Amount (MXN)2,469 Mex$
Total Cost:4.8%
Difference:
Mex$6 MXN less than using ICICI Bank
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Indian Bank logo
Indian Bank: Foreign Transfer INR→MXN
From Amount (INR)₹10,000
Fee:₹100 INR (1%)
Exchange Rate:0.2487 (4.09% from mid-rate)
To Amount (MXN)2,462.13 Mex$
Total Cost:5.05%
Difference:
Mex$13 MXN less than using ICICI Bank
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 02/17/2020 - View latest rates

Country Guides (INR & MXN)

IndiaIndia (INR)MexicoMexico (MXN)

INR and MXN in the Markets

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

Indian Rupee (INR)

The rupee is doing remarkably well in what is normally a seasonally weak time of year and despite a 35 percent rise in the oil price this year (oil is India's largest import).

In early May, by the narrowest of margins, the rupee reached a 16-month high against the Australian dollar (₹48.4), before falling back slightly. It rose towards long-term highs against the euro (₹77.3) and was flat on the year against the US dollar (₹69.2), although it was 8 percent higher against the greenback than it had been in October of last year.

Read more in the article INR 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.


How to get Best INR to MXN Exchange Rates

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).

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.

When is the best time to exchange INR to MXN?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic INR/MXN exchange rate over longer periods.

INR/MXN - Historical Rates

PeriodINR/MXNDate
1 Day0.263009 Feb 2020
7 Day0.264003 Feb 2020
30 Day0.264911 Jan 2020
3 Month0.269112 Nov 2019
1 Year0.268110 Feb 2019
5 Year0.241011 Feb 2015
10 Year0.279812 Feb 2010

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