Best INR to MXN Exchange Rates - Compare Providers & Save

BER Home | FX Markets | INR Rates | INR/MXN Overview

₹1,000 INR
=
Mex$294.32 MXN

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

What's in this INR to MXN guide?

Latest rate & 90-day trend
Quick conversion amounts
Comparing provider rates
Foreign transfer rates
Travel money rates
Market news & forecasts
How to get best rates
Historic rates

Latest interbank exchange rate:

1 INR = 0.2943 MXN

Sell INR / Buy MXN

INR to MXN 90-day trend

7-DAY▼6.4%

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.

26-MAY 6PM-NY 11PM-LON 27-MAY 6AM-HK 8AM-SYD

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

Send ₹1,000 Indian rupee INR → Mexican peso MXN

Foreign Transfer Provider	Receive MXN(Mex$)	Exchange Rate	Fee INR
Indian Bank International Money Transfers	Mex$277.77 0% Compare	0.282	₹15
ICICI Bank International Money Transfers	Mex$280.10 0% Mex$2.33 more	0.2835	₹12
Banks - Average Rate Average of bank rates	Mex$278.94 0% Mex$1.17 more	0.2827	15

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: 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

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:

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

Mexico (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.

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.

Period	Date	Rate
1 Week	18 May 2020	0.3139
30 Days	25 Apr 2020	0.3271
90 Days	25 Feb 2020	0.2653
1 Year	26 May 2019	0.2746
5 Years	27 May 2015	0.2393
10 Years	28 May 2010	0.2762

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