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INR to MXN - Exchange Rate Overview

Indian Rupee to Mexican Peso exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

₹1,000 INR
=
Mex$294.32 MXN

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 INR = 0.2943 MXN

Sell INR / Buy MXN 

 
INR to MXN 90-day trend
ALERT:7-DAY6.4% |
INR/MXN at 0.2941 was trading 2.4% below AVG:0.3012 with LO:0.259 and HI:0.3315 (90 days). ALERT: INR/MXN is DOWN 6.4% this 7-DAY period.

Indian Rupee to Mexican Peso - Quick Conversions

INR MXN
₹ 1 Mex$ 0.2943
₹ 5 Mex$ 1.4715
₹ 10 Mex$ 2.9430
₹ 20 Mex$ 5.8860
₹ 50 Mex$ 14.72
₹ 100 Mex$ 29.43
₹ 250 Mex$ 73.58
₹ 500 Mex$ 147.15
₹ 1,000 Mex$ 294.30
₹ 2,000 Mex$ 588.60
₹ 5,000 Mex$ 1,472
₹ 10,000 Mex$ 2,943
₹ 50,000 Mex$ 14,715
₹ 100,000 Mex$ 29,430
More amounts
INR MXN
3.3976 Mex$ 1
16.99 Mex$ 5
33.98 Mex$ 10
67.95 Mex$ 20
169.88 Mex$ 50
339.76 Mex$ 100
849.40 Mex$ 250
1,699 Mex$ 500
3,398 Mex$ 1,000
6,795 Mex$ 2,000
16,988 Mex$ 5,000
33,976 Mex$ 10,000
169,880 Mex$ 50,000
339,760 Mex$ 100,000
More amounts

To calculate your own 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 Provider Receive MXN(Mex$) Exchange RateFee INRDeal Links
Indian Bank International Money Transfers
Indian Bank logo
Mex$277.77
0%
Compare
0.282₹15
ICICI Bank International Money Transfers
ICICI Bank logo
Mex$280.10
0%
Mex$2.33 more
0.2835₹12
Banks - Average Rate
Indian Bank logo ICICI Bank logo
Mex$278.94
0%
Mex$1.17 more
0.282715
 
Indian Bank logo
loading
Indian Bank: Foreign Transfer INR→MXN
From Amount (INR)₹1,000
Fee:₹15 INR (Minimum fee)
Exchange Rate:0.2820 (4.11% from mid-rate)
To Amount (MXN) Mex$277.77
Total Cost:0%
Time:22:33 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
ICICI Bank logo
loading
ICICI Bank: Foreign Transfer INR→MXN
From Amount (INR)₹1,000
Fee:₹12 INR (Minimum fee)
Exchange Rate:0.2835 (3.6% from mid-rate)
To Amount (MXN) Mex$280.10
Total Cost:0%
Difference:
Mex$2.33 MXN more than using Indian Bank
Time:22:33 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
loading
Foreign Transfer INR→MXN
From Amount (INR)₹1,000
Fee:15
Exchange Rate:0.2765 (5.98% from mid-rate)
To Amount (MXN) Mex$278.94
Total Cost:0%
Difference:
Mex$1.17 MXN more than using Indian Bank
Transfer Speed:
Services:
 
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Snapshot 05/26/2020 - View live rates
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 
 

Mexican Peso (MXN) Country Guides

MexicoMexico (MXN)

Indian Rupee and Mexican Peso Forecasts

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)

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

In 2019 the rupee did remarkably well despite a 35 percent rise in the oil price last year (oil is India's largest import).

In early May 2019, 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 2018.

Read more in the article INR Forecasts.

 

Mexican Peso (MXN)

The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.


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.

 

What is a good INR to MXN exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the INR to MXN exchange rate over periods upto 10 years.

PeriodDateRate
1 Week18 May 20200.3139
30 Days25 Apr 20200.3271
90 Days25 Feb 20200.2653
1 Year26 May 20190.2746
5 Years27 May 20150.2393
10 Years28 May 20100.2762
INR/MXN 10 year historic rates
 

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 BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all INR Exchange Rates