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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 when making an International Money Transfer from USD to MXN. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive MXN($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
190,300 MXN
Best Overall
19.030^1.22%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
190,722 MXN
$422 more
19.17$511%Bank Transfers - Online1-2 days
Wells Fargo Bank logo
186,364 MXN
$3,936 less
18.67183.26%Online, Branch, Bank Transfers2-3 days
HSBC logo
186,220 MXN
$4,080 less
18.65$153.34%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
185,068 MXN
$5,232 less
18.62153.94%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
183,843 MXN
$6,457 less
18.57$1004.57%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
183,843 MXN
$6,457 less
18.57$1004.57%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:19.03 (1.22% from mid-rate)
MXN amount:190,300 MXN
Total Cost:1.22%
Time:
Rate Fetched: Sun Feb 17 2019 22:02:43 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:19.17 (0.49% from mid-rate)
MXN amount:190,722 MXN
Total Cost:1%
Difference:
$422 more than using OFX
Time:0:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:18
Exchange Rate:18.67 (3.09% from mid-rate)
MXN amount:186,364 MXN
Total Cost:3.26%
Difference:
$3,936 less than using OFX
Time:0:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:18.65 (3.19% from mid-rate)
MXN amount:186,220 MXN
Total Cost:3.34%
Difference:
$4,080 less than using OFX
Time:0:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

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

Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:15
Exchange Rate:18.54 (3.76% from mid-rate)
MXN amount:185,068 MXN
Total Cost:3.94%
Difference:
$5,232 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.57 (3.61% from mid-rate)
MXN amount:183,843 MXN
Total Cost:4.57%
Difference:
$6,457 less than using OFX
Time:0:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.57 (3.61% from mid-rate)
MXN amount:183,843 MXN
Total Cost:4.57%
Difference:
$6,457 less than using OFX
Time:0:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

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.

Travel Money Providers
Ratings & Reviews
Amount MXN($)Exchange RateFee USDTotal CostCurrency ServicesDelivery/CollectDeal Links
Wells Fargo Bank logo
18,042 MXN
Compare
18.41$206.35%Branch-
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
18,036 MXN
$6 less
18.22$106.38%Branch-
U.S. Bank Foreign Currency
U.S. Bank logo
18,030 MXN
$12 less
18.0306.41%Branch-
 
Travelex Online US logo
17,462 MXN
$580 less
17.46220^9.36%Online order, Branch pickup, Home delivery2-3 days
Wells Fargo Bank: Travel Money USD→MXN
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:18.41 (4.44% from mid-rate)
MXN amount:18,042 MXN
Total Cost:6.35%
Time:0:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

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

Travel Money USD→MXN
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:16.86 (12.48% from mid-rate)
MXN amount:18,036 MXN
Total Cost:6.38%
Currency Services:Branch
Delivery/Collect:-
U.S. Bank: Travel Money USD→MXN
USD amount:$1,000 USD
Fee:0
Exchange Rate:18.03 (6.41% from mid-rate)
MXN amount:18,030 MXN
Total Cost:6.41%
Time:0:07 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:17.4622 (9.36% from mid-rate)
MXN amount:17,462 MXN
Total Cost:9.36%
Time:
Rate Fetched: Sun Feb 17 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:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

USD to MXN mid-rate = 19.2347

Right now the USD/MXN market mid-rate is 19.2347 and represents ideally how many Mexican Peso you can get for one United States Dollar.

This USD/MXN Converter calculates equivalent United States Dollar to Mexican Peso amounts at the market mid-rate:

USD / MXN mid-rate converter


$USD


$MXN
1 United States Dollar equals
19.2347 Mexican Peso

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

Foreign Transfers Travel Cash/Cards

 
 
3 Month USD to MXN Chart
Loading USD/MXN rates

United States Dollar

Mexican Peso

1 USD 19.23 MXN
5 USD 96.17 MXN
10 USD 192.35 MXN
20 USD 384.69 MXN
50 USD 961.74 MXN
100 USD 1,923.47 MXN
250 USD 4,808.68 MXN
500 USD 9,617.35 MXN
1,000 USD 19,234.70 MXN
2,000 USD 38,469.40 MXN
5,000 USD 96,173.50 MXN
10,000 USD 192,347.00 MXN
50,000 USD 961,735.00 MXN
100,000 USD 1,923,470.00 MXN
See more

United States Dollar

Mexican Peso

0.0520 USD 1 MXN
0.2599 USD 5 MXN
0.5199 USD 10 MXN
1.0398 USD 20 MXN
2.5995 USD 50 MXN
5.1989 USD 100 MXN
13.00 USD 250 MXN
25.99 USD 500 MXN
51.99 USD 1,000 MXN
103.98 USD 2,000 MXN
259.95 USD 5,000 MXN
519.89 USD 10,000 MXN
2,599.45 USD 50,000 MXN
5,198.90 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
17 Feb 201919.2427Latest
10 Feb 201919.07711 Week+0.87%
18 Jan 201919.08401 Month+0.83%
21 Aug 201818.94656 Months+1.56%
17 Feb 201818.52011 Year+3.9%
17 Feb 201720.43692 Years-5.84%
18 Feb 201413.23925 Years+45.35%
19 Feb 200914.577510 Years+32%

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

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Mexican Peso (MXN) - Market news and forecasts

12-February-2019: The December-January period was an excellent one for the Mexican peso as it strengthened by nearly 7 percent into the low 19s per USD. Traders began piling into pesos after USD/MXN failed multiple times in the fourth quarter ’18 to break meaningfully through important resistance at 20.5-20.6.

From here on in, the peso stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the peso had most to gain because of its sensitivity to the oil price, which ING says has significant upside this year.

Also supporting the peso in 2019 will be a slower pace of Federal Reserve interest rate hikes. Under such conditions the dollar will weaken, and emerging market currencies should gain value as a result because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

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