Best Exchange Rates
Best Exchange Rates

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USD to MXN

United States Dollar to Mexican Peso - Calculate Compare Save

USD to MXN mid-rate = 18.7843

Right now the USD/MXN market mid-rate is 18.7843 and represents ideally how many Mexican Peso you can get for one United States Dollar.

You can calculate equivalent United States Dollar to Mexican Peso currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for USD to MXN transfers or buying MXN travel money.

 

Currency Converter USD to MXN


$USD


$MXN
1 United States Dollar equals
18.7843 Mexican Peso
1MXN= 0.053236 USD

Compare how much you can save on exchange rates for:

Foreign Transfers    Travel Cash/Cards

Get fee-free global transfers with partner OFX


3 Month USD/MXN Chart
USD-MXN 3 Month chart

United States Dollar

Mexican Peso

1 USD 18.78 MXN
5 USD 93.92 MXN
10 USD 187.84 MXN
20 USD 375.69 MXN
50 USD 939.22 MXN
100 USD 1,878.43 MXN
250 USD 4,696.08 MXN
500 USD 9,392.15 MXN
1,000 USD 18,784.30 MXN
2,000 USD 37,568.60 MXN
5,000 USD 93,921.50 MXN
10,000 USD 187,843.00 MXN
50,000 USD 939,215.00 MXN

United States Dollar

Mexican Peso

0.0532 USD 1 MXN
0.2662 USD 5 MXN
0.5324 USD 10 MXN
1.0647 USD 20 MXN
2.6618 USD 50 MXN
5.3236 USD 100 MXN
13.31 USD 250 MXN
26.62 USD 500 MXN
53.24 USD 1,000 MXN
106.47 USD 2,000 MXN
266.18 USD 5,000 MXN
532.36 USD 10,000 MXN
2,661.80 USD 50,000 MXN

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.

DateExchange RatePeriodChange
19 Sep 201818.7709Latest
12 Sep 201819.04221 Week-1.42%
20 Aug 201819.00801 Month-1.25%
23 Mar 201818.52626 Months+1.32%
19 Sep 201717.82021 Year+5.33%
19 Sep 201619.65852 Years-4.52%
20 Sep 201312.80535 Years+46.59%
21 Sep 200810.659210 Years+76.1%

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.

Transaction Costs - Margins and Fees for USD/MXN Transfers and Currency Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from USD to MXN.

Compare Foreign Transfers vs the Banks

Send USD $10,000 → Receive MXN

ProviderReceive Amount MXNExchange RateCostReviewsLinks to Offers
OFX logoOFX
$185,800 MXN18.580.97%
 
Wells Fargo Bank logoWells Fargo Bank
$181,573 MXN18.193.22%
HSBC logoHSBC
$181,527 MXN18.183.25%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
$180,370 MXN18.14253.86%
Bank of America logoBank of America
$179,190 MXN18.14.49%
U.S. Bank logoU.S. Bank
$179,190 MXN18.14.49%
 
OFX: rate, rating & reviews
From amount:$10,000 USD
To amount:$185,800 MXN
Exchange Rate:18.58
Total Cost:0.97% (against USD/MXN mid-rate: 18.7620)
Timestamp:
Rate Fetched: Wed Sep 19 2018 14:03:44 GMT+0000 (UTC)
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: rate, rating & reviews
From amount:$10,000 USD
To amount:$181,573 MXN
Exchange Rate:18.19
Total Cost:3.22% (against USD/MXN mid-rate: 18.7620)
Difference:
$4,227 MXN less than using OFX
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
HSBC: rate, rating & reviews
From amount:$10,000 USD
To amount:$181,527 MXN
Exchange Rate:18.18
Total Cost:3.25% (against USD/MXN mid-rate: 18.7620)
Difference:
$4,273 MXN less than using OFX
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Banks - Average Rate :
From amount:$10,000 USD
To amount:$180,370 MXN
Exchange Rate:18.06
Total Cost:3.86% (against USD/MXN mid-rate: 18.7620)
Difference:
$5,430 MXN less than using OFX
Bank of America: rate, rating & reviews
From amount:$10,000 USD
To amount:$179,190 MXN
Exchange Rate:18.1
Total Cost:4.49% (against USD/MXN mid-rate: 18.7620)
Difference:
$6,610 MXN less than using OFX
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
U.S. Bank: rate, rating & reviews
From amount:$10,000 USD
To amount:$179,190 MXN
Exchange Rate:18.1
Total Cost:4.49% (against USD/MXN mid-rate: 18.7620)
Difference:
$6,610 MXN less than using OFX
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs USD/MXN mid-rate: 18.7620
Rates @ 09/19/2018

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Compare Travel Money Exchange Rates vs the Banks

USD $1,000 → Spend Mexican peso (MXN)

ProviderSpend Amount USDExchange RateCostReviewsLinks to Offers
Travelex Online US logoTravelex Online US
$16,689 MXN
Top Provider
16.689111.05%
 
HSBC logoHSBC
$16,520 MXN
$169 less
16.5211.95%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo HSBC logo
$16,300 MXN
$389 less
16.410013.12%
U.S. Bank logoU.S. Bank
$16,190 MXN
$499 less
16.1913.71%
Wells Fargo Bank logoWells Fargo Bank
$16,190 MXN
$499 less
16.5213.71%
Travelex Online US: rate, rating & reviews
From amount:$1,000 USD
To amount:$16,689 MXN
Exchange Rate:16.6891
Total Cost:11.05% (against USD/MXN mid-rate: 18.7620)
Fees:$0
Timestamp:
Rate Fetched: Wed Sep 19 2018 14:00:04 GMT+0000 (UTC)
Rating:
 
: 4.3/5.0
Reviews:
HSBC: rate, rating & reviews
From amount:$1,000 USD
To amount:$16,520 MXN
Exchange Rate:16.52
Total Cost:11.95% (against USD/MXN mid-rate: 18.7620)
Fees:$0
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo HSBC logo

Banks - Average Rate :
From amount:$1,000 USD
To amount:$16,300 MXN
Exchange Rate:16.42
Total Cost:13.12% (against USD/MXN mid-rate: 18.7620)
Fees:$10
U.S. Bank: rate, rating & reviews
From amount:$1,000 USD
To amount:$16,190 MXN
Exchange Rate:16.19
Total Cost:13.71% (against USD/MXN mid-rate: 18.7620)
Fees:$0
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
Wells Fargo Bank: rate, rating & reviews
From amount:$1,000 USD
To amount:$16,190 MXN
Exchange Rate:16.52
Total Cost:13.71% (against USD/MXN mid-rate: 18.7620)
Fees: Minimum 20 USD
Timestamp:15:07 Local
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs USD/MXN mid-rate: 18.7620
Rates @ 09/19/2018

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.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.


Currency News, Research and Forecasts for United States Dollar and Mexican Peso

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison 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

Until mid-August, the US dollar had been thriving, with a trade-weighted gain of 5.1 percent since January. A one-month wobble to mid-September had erased more than half of those gains but the remaining year-to-date gain of 2.4 percent was at least looking far rosier than 2017’s 10 percent slump. In a year in which safe havens have done well, the dollar ranked as the fifth best performer from a list of 21 important currencies.

Reasons for the dollar’s recent fall weren’t entirely obvious at the time of writing (September-17), given that most fundamental drivers appeared to be supportive, and those included a jump in US earnings, solid economic growth and safe-haven flows caused by trade tensions.

In mid-September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump would like a far lower dollar.

A near-term negative turn in US economic data might see the dollar lose 5-7 percent, ING said.

Mexican Peso (MXN) - Market news and forecasts

The peso struggled in the first half of the year; it fell by June 15th to an 18-month low of 21.0 per USD. Things were back on track by mid-August, so much so that the peso was in fact 2018's best performing currency at the time of this report, being one of only two currencies to hold a year-to-date gain over the dollar. Rates in the high 18s per USD marked a double-digit rally since mid-June.

NAFTA continues to be the centerpiece of peso news flow. Recent strength followed rumours that Washington would strike a compromise over Mexican farm exports and, by doing so, would bring closer a trade deal.

Political uncertainty in Mexico eased after the election of Andrés Manuel López Obrador as Mexican president, supporting the peso.

A Standard Chartered analyst with a history of successful peso predictions said in July that the peso would strengthen to 18 per dollar by year-end. Among emerging markets, “Mexico looks like one of the better stories,” the analyst said.

Why can't I just get the same 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.


When you look up the current United States Dollar to Mexican Peso exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

USD to MXN mid-rate on google

USD to MXN mid-rate on google search

Getting a great USD to MXN mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our USD to MXN currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific United States Dollar cross rates and reviews of leading foreign exchange providers versus the Banks.