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USD/MXN - Rate Guide

United States Dollar to Mexican Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD/MXN Exchange Rates and Providers Compared

This guide to the United States Dollar to Mexican Peso exchange rate with 90-day chart & alerts, historic rates, forecasts and USD to MXN comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the USD/MXN Calculator.

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USD/MXN - 90 Day Rate Alerts

1 USD = 19.4509 MXN

NO ALERTS for USD/MXN
USD/MXN over the last 90 days

View USD/MXN - Interactive Chart

Exchange rates can 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.

 

USD to MXN International Money Transfers

  

Foreign Transfer ProvidersReceive MXN($)Exchange RateFee USDTotal CostDeal Links
OFX logo
189,800 MXN
Best Overall
18.980^2.42%
XE logo
192,100 MXN
2,300 MXN
19.2101.24%
Wells Fargo Bank logo
185,665 MXN
4,135 MXN
18.6184.55%
HSBC logo
185,521 MXN
4,279 MXN
18.58$154.62%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
184,421 MXN
5,379 MXN
18.55155.19%
Bank of America International Money Transfers
Bank of America logo
183,249 MXN
6,551 MXN
18.51$1005.79%
U.S. Bank International Money Transfers
U.S. Bank logo
183,249 MXN
6,551 MXN
18.51$1005.79%
 

OFX logo

OFX: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:18.98 (2.42% from mid-rate)
To Amount:189,800 MXN
Total Cost:2.42%
Time:
Rate Fetched: Sun Sep 22 2019 11:02:45 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

XE logo

XE: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:
Exchange Rate:19.21 (1.24% from mid-rate)
To Amount:192,100 MXN
Total Cost:1.24%
Difference:
2,300 MXN more than using OFX
Time:12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

Wells Fargo Bank logo

Wells Fargo Bank: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:18
Exchange Rate:18.6 (4.37% from mid-rate)
To Amount:185,665 MXN
Total Cost:4.55%
Difference:
4,135 MXN less than using OFX
Time:12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:18.58 (4.48% from mid-rate)
To Amount:185,521 MXN
Total Cost:4.62%
Difference:
4,279 MXN less than using OFX
Time:12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:15
Exchange Rate:18.47 (5.04% from mid-rate)
To Amount:184,421 MXN
Total Cost:5.19%
Difference:
5,379 MXN less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logo

Bank of America: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.51 (4.84% from mid-rate)
To Amount:183,249 MXN
Total Cost:5.79%
Difference:
6,551 MXN less than using OFX
Time:12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logo

U.S. Bank: Foreign Transfer USD→MXN
From Amount:10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.51 (4.84% from mid-rate)
To Amount:183,249 MXN
Total Cost:5.79%
Difference:
6,551 MXN less than using OFX
Time:12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

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 ProvidersAmount MXN($)Exchange RateFee USDTotal CostDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
18,210 MXN
Compare
18.2106.38%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
18,028 MXN
182 MXN
18.21$107.32%
Wells Fargo Bank logo
17,846 MXN
364 MXN
18.21$208.25%
Travelex Online US logo
17,212 MXN
998 MXN
17.21190^11.51%
 

U.S. Bank logo

U.S. Bank: Travel Money USD→MXN
From Amount:1,000 USD
Fee:0
Exchange Rate:18.21 (6.38% from mid-rate)
To Amount:18,210 MXN
Total Cost:6.38%
Time:12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→MXN
From Amount:1,000 USD
Fee:$10 USD (1%)
Exchange Rate:17.02 (12.5% from mid-rate)
To Amount:18,028 MXN
Total Cost:7.32%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logo

Wells Fargo Bank: Travel Money USD→MXN
From Amount:1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:18.21 (6.38% from mid-rate)
To Amount:17,846 MXN
Total Cost:8.25%
Time:12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Travelex Online US logo

Travelex Online US: Travel Money USD→MXN
From Amount:1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:17.2119 (11.51% from mid-rate)
To Amount:17,212 MXN
Total Cost:11.51%
Time:
Rate Fetched: Sun Sep 22 2019 12:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

USD / MXN converter & margin calculator

$USD
$MXN
mid-rates

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

Foreign Transfers Travel Money

Foreign Transfers Travel Money

United States Dollar

Mexican Peso

1 USD 19.45 MXN
5 USD 97.25 MXN
10 USD 194.51 MXN
20 USD 389.02 MXN
50 USD 972.55 MXN
100 USD 1,945.09 MXN
250 USD 4,862.73 MXN
500 USD 9,725.45 MXN
1,000 USD 19,450.90 MXN
2,000 USD 38,901.80 MXN
5,000 USD 97,254.50 MXN
10,000 USD 194,509.00 MXN
50,000 USD 972,545.00 MXN
100,000 USD 1,945,090.00 MXN
See more

United States Dollar

Mexican Peso

0.0514 USD 1 MXN
0.2571 USD 5 MXN
0.5141 USD 10 MXN
1.0282 USD 20 MXN
2.5706 USD 50 MXN
5.1411 USD 100 MXN
12.85 USD 250 MXN
25.71 USD 500 MXN
51.41 USD 1,000 MXN
102.82 USD 2,000 MXN
257.06 USD 5,000 MXN
514.11 USD 10,000 MXN
2,570.55 USD 50,000 MXN
5,141.10 USD 100,000 MXN
See more
Country Guides (USD & MXN)
United StatesUnited States (USD)MexicoMexico (MXN)East TimorEast Timor (USD)
EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks And Caicos IslandsTurks And Caicos Islands (USD)
ZimbabweZimbabwe (USD)

USD/MXN - Historical Trends

This table shows historic rates and trends of United States Dollar to Mexican Peso over periods upto 10 years.

PeriodChange*USD/MXNDate
7 Day+0.2%19.408013 Sep 2019
30 Day-1.2%19.686821 Aug 2019
3 Month+1.7%19.124722 Jun 2019
1 Year+3.2%18.850720 Sep 2018
5 Year+47.2%13.211621 Sep 2014
10 Year+46.1%13.309422 Sep 2009

*For period to 20-Sep 21UTC when USD/MXN was 19.4509

You can use our USD interactive charts to check USDMXN historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

USDMXN blended flags

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.

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade 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)

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.

Why can't I just get the USD/MXN market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the USD / MXN was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

USDMXN blended flags

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

We help you Compare & Save Money on Exchange Rates.

 

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