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USD to MXN - Compare Exchange Rates

United States Dollar to Mexican Peso - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare USD/MXN Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for USD/MXN International Money Transfers. Costs are calculated against the amount when USD is converted to MXN at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive MXN($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
186,900 MXN
Best Overall
18.690^1.21%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TransferWise logo
188,036 MXN
1,136 MXN
18.9$510.61%Bank Transfers - Online, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
183,070 MXN
3,830 MXN
18.34183.23%Online, Branch, Bank Transfers2-3 days
HSBC logo
182,925 MXN
3,975 MXN
18.32$153.31%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
181,787 MXN
5,113 MXN
18.28153.91%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
180,576 MXN
6,324 MXN
18.24$1004.55%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
180,576 MXN
6,324 MXN
18.24$1004.55%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:18.69 (1.21% from mid-rate)
MXN amount:186,900 MXN
Total Cost:1.21%
Time:
Rate Fetched: Tue Apr 23 2019 22:02:47 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:18.9 (0.1% from mid-rate)
MXN amount:188,036 MXN
Total Cost:0.61%
Difference:
1,136 MXN more than using OFX
Time:0:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:18
Exchange Rate:18.34 (3.06% from mid-rate)
MXN amount:183,070 MXN
Total Cost:3.23%
Difference:
3,830 MXN less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:18.32 (3.16% from mid-rate)
MXN amount:182,925 MXN
Total Cost:3.31%
Difference:
3,975 MXN less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:15
Exchange Rate:18.2 (3.8% from mid-rate)
MXN amount:181,787 MXN
Total Cost:3.91%
Difference:
5,113 MXN less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.24 (3.59% from mid-rate)
MXN amount:180,576 MXN
Total Cost:4.55%
Difference:
6,324 MXN less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.24 (3.59% from mid-rate)
MXN amount:180,576 MXN
Total Cost:4.55%
Difference:
6,324 MXN less than using OFX
Time:0:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

The below table shows a snapshot 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.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount MXN($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
17,710 MXN
Compare
17.7106.39%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
17,533 MXN
177 MXN
17.71$107.32%Branch-
Wells Fargo Bank logo
17,356 MXN
354 MXN
17.71$208.26%Branch-
 
Travelex Online US logo
16,730 MXN
980 MXN
16.73030^11.57%Online order, Branch pickup, Home delivery2-3 days
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→MXN
USD amount:$1,000 USD
Fee:0
Exchange Rate:17.71 (6.39% from mid-rate)
MXN amount:17,710 MXN
Total Cost:6.39%
Time:0:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→MXN
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:16.55 (12.52% from mid-rate)
MXN amount:17,533 MXN
Total Cost:7.32%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→MXN
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:17.71 (6.39% from mid-rate)
MXN amount:17,356 MXN
Total Cost:8.26%
Time:0:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→MXN
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:16.7303 (11.57% from mid-rate)
MXN amount:16,730 MXN
Total Cost:11.57%
Time:
Rate Fetched: Tue Apr 23 2019 22:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

USD to MXN interbank exchange rate = 18.9634

Right now the USD/MXN interbank exchange rate is 18.9634. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Mexican Peso to United States Dollar.

This USD/MXN Converter calculates equivalent United States Dollar to Mexican Peso amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / MXN converter & margin calculator


$USD
$MXN
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers Travel Money

1 Week USD to MXN
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United States Dollar

Mexican Peso

1 USD 18.96 MXN
5 USD 94.82 MXN
10 USD 189.63 MXN
20 USD 379.27 MXN
50 USD 948.17 MXN
100 USD 1,896.34 MXN
250 USD 4,740.85 MXN
500 USD 9,481.70 MXN
1,000 USD 18,963.40 MXN
2,000 USD 37,926.80 MXN
5,000 USD 94,817.00 MXN
10,000 USD 189,634.00 MXN
50,000 USD 948,170.00 MXN
100,000 USD 1,896,340.00 MXN
See more

United States Dollar

Mexican Peso

0.0527 USD 1 MXN
0.2637 USD 5 MXN
0.5273 USD 10 MXN
1.0547 USD 20 MXN
2.6367 USD 50 MXN
5.2733 USD 100 MXN
13.18 USD 250 MXN
26.37 USD 500 MXN
52.73 USD 1,000 MXN
105.47 USD 2,000 MXN
263.67 USD 5,000 MXN
527.33 USD 10,000 MXN
2,636.65 USD 50,000 MXN
5,273.30 USD 100,000 MXN
See more

MXN Country Guides
MexicoMexico

United States Dollar to Mexican Peso (USD-MXN) - 10 Year History

The below table shows the historic variation in the USD/MXN exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
23 Apr 201918.9439Latest
16 Apr 201918.87501 Week+0.37%
24 Mar 201919.12061 Month-0.92%
25 Oct 201819.49116 Months-2.81%
23 Apr 201818.94411 Year0%
23 Apr 201718.62722 Years+1.7%
24 Apr 201413.09115 Years+44.71%
25 Apr 200913.195010 Years+43.57%

Why can't I just get the USD/MXN market rate I see on Google or in the Media?

The USD/MXN mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / MXN was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market USD/MXN midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MXN exchange rate

  1. Know the latest USD/MXN market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Mexican Peso

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MXN, you should pay attention to both United States Dollar and Mexican Peso news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Mexican Peso (MXN) - Market news and forecasts

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.