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Mexican peso Markets

MXN Currency Update - Our review of Mexican peso forecasts and news plus charts and historic rates. Check MXN Trends over various time periods.

 

The Mexican Peso (MXN) is currently experiencing a mix of underlying pressures and stabilization efforts that analysts are closely monitoring. Following a recent policy shift, the Bank of Mexico (Banxico) has indicated the possibility of further interest rate cuts after lowering its benchmark rate to 7.5%. This rate is the lowest since May 2022 and reflects concerns over economic activity and the impact of global trade tensions. Economists suggest that such cuts could lead to depreciation pressures on the peso, which has already faced challenges due to the imposition of a 25% tariff on Mexican imports by the U.S. in March 2025. As a result, the peso recently weakened to approximately 20.85 per dollar, marking a significant reaction to the unfavorable trade environment.

Market analysts from Banorte have expressed concerns about foreign-exchange volatility and predict that the peso may ease to around 19 per dollar by year-end, influenced by anticipated interest rate decisions by Banxico. In response to these challenges, Mexico’s finance ministry has implemented measures to stabilize financial markets, which included substantial capital injections into the budget revenue stabilization fund.

Recent exchange rate data reveals the MXN against a few key currencies. The peso to USD rate at 0.054047 is just above its three-month average, indicating some stabilization within a controlled range. The MXN to EUR exchange stands at 0.046571, showing a slight elevation above the average, while the rates against GBP and JPY have also reflected similar trends—registering at 0.040562 and 8.1986, respectively, both above their respective three-month averages. These movements suggest a relatively stable trading environment for the peso, despite the underlying pressures influencing its value. Continuing developments in monetary policy and trade relations will be critical in shaping the future trajectory of the peso.

 

US dollar to Mexican peso - USD/MXN Trend

 
USD to MXN at 18.47 is just 0.6% below its 3-month average of 18.58, having traded in a very stable 3.3% range from 18.29 to 18.90
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MXN
 
1d+0.2%
 
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Top MXN Rates


Mexican peso to US dollar
MXNUSD 90 day chart

MXN to USD at 0.054134 is just 0.6% above its 3-month average of 0.053819, having traded in a very stable 3.3% range from 0.052917 to 0.054684
MXN to USD
0.054132
1d−0.2%

Mexican peso to Euro
MXNEUR 90 day chart

MXN to EUR at 0.046492 is just 0.9% above its 3-month average of 0.046082, having traded in a very stable 3.2% range from 0.045558 to 0.047015
MXN to EUR
0.046489
1d−0.1%

Mexican peso to Canadian dollar
MXNCAD 90 day chart

MXN to CAD at 0.076041 is 2.1% above its 3-month average of 0.074442, having traded in a quite stable 4.5% range from 0.072916 to 0.076233
MXN to CAD
0.076042
1d−0.1%

Mexican peso to British pound
MXN to GBP at 0.040398 is just 1.0% above its 3-month average of 0.040006, having traded in a very stable 4.0% range from 0.039305 to 0.040868
MXN to GBP
0.040391
1d−0.1%

Mexican peso to Indian rupee
MXNINR 90 day chart

MXN to INR is at 30-day lows near 4.7535, just 0.6% above its 3-month average of 4.7255, having traded in a quite stable 5.9% range from 4.5827 to 4.8510
MXN to INR
4.7534
1d0.0%

Mexican peso to Japanese yen
MXN to JPY at 8.1771 is 2.5% above its 3-month average of 7.9802, having traded in a relatively stable 7.0% range from 7.7840 to 8.3273
MXN to JPY
8.1714
1d−0.3%

Mexican peso to Australian dollar
MXN to AUD at 0.083179 is 1.1% above its 3-month average of 0.08226, having traded in a very stable 2.5% range from 0.081297 to 0.083332
MXN to AUD
0.083172
14dHighs
1d+0.2%

Mexican peso to Singapore dollar
MXN to SGD at 0.070147 is 1.3% above its 3-month average of 0.069243, having traded in a very stable 3.7% range from 0.068137 to 0.070663
MXN to SGD
0.070132
1d−0.2%

Mexican peso to Chinese yuan
MXNCNY 90 day chart

MXN to CNY at 0.3858 is just above its 3-month average, having traded in a very stable 2.4% range from 0.3799 to 0.3890
MXN to CNY
0.3858
1d−0.1%

A-Z


Mexican peso to Canadian dollar
MXNCAD 90 day chart

MXN to CAD at 0.076041 is 2.1% above its 3-month average of 0.074442, having traded in a quite stable 4.5% range from 0.072916 to 0.076233
MXN to CAD
0.076042
1d−0.1%

Mexican peso to US dollar
MXNUSD 90 day chart

MXN to USD at 0.054134 is just 0.6% above its 3-month average of 0.053819, having traded in a very stable 3.3% range from 0.052917 to 0.054684
MXN to USD
0.054132
1d−0.2%