1 USD = 24.58 MXN
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Convert USD to MXN ⚇ More Charts
What's in this US Dollar to Mexican Peso guide?
Quick Conversions from US Dollar to Mexican Peso
| USD | MXN |
|---|---|
| U$ 1 | Mex$ 24.58 |
| U$ 10 | Mex$ 245.80 |
| U$ 100 | Mex$ 2,458 |
| U$ 1,000 | Mex$ 24,580 |
| U$ 2,000 | Mex$ 49,160 |
| U$ 10,000 | Mex$ 245,800 |
| More amounts | |
| USD | MXN |
|---|---|
| U$ 0.0407 | Mex$ 1 |
| U$ 0.4069 | Mex$ 10 |
| U$ 4.0686 | Mex$ 100 |
| U$ 40.69 | Mex$ 1,000 |
| U$ 81.37 | Mex$ 2,000 |
| U$ 406.86 | Mex$ 10,000 |
| More amounts | |
To calculate your own USD/MXN amounts use our Convert USD 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 USD/MXN International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Provider | Receive MXN(Mex$) | Exchange Rate | Fee USD | Deal Links |
|---|---|---|---|---|
 | Mex$242,600 1.26% Best Overall | 24.26 | 0 | |
 | Mex$240,700 2.03% Mex$1,900 less | 24.07 | 0^ | |
Banks - Average Rate     Average bank rate | Mex$233,882 4.8% Mex$8,718 less | 23.53 | 15 |
Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
| Travel Money Provider | Amount MXN(Mex$) | Exchange Rate | Fee USD | Deal Links |
|---|---|---|---|---|
 | Mex$21,435 12.76% Best Overall | 21.4345 | 0^ | |
Banks - Average Rate Average bank rate | Mex$20,582 16.23% Mex$853 less | 20.79 | U$10 |
Country Guides (USD & MXN)
 United States (USD) |  Mexico (MXN) |  East Timor (USD) |
 Ecuador (USD) |  El Salvador (USD) |  British Virgin Islands (USD) |
 US Virgin Islands (USD) |  Caribbean Netherlands (USD) |  Turks and Caicos Islands (USD) |
 Zimbabwe (USD) |
USD and MXN in the Markets
When determining the best time to make a foreign exchange transaction, in this case the USD vs MXN, you should pay attention to the recent market trends for both currencies.
US Dollar (USD)
Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.
The US dollar held its value in 2019 despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.
At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.
Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.
Read more in the article USD 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 USD 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 USD 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 USD to MXN exchange rate to the present day for periods going back upto 10 years.
When is the best time to exchange USD 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.
We help you Save Money on Exchange Rates.
View all USD Exchange Rates
