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USD to MXN - Exchange Rate Overview

US Dollar to Mexican Peso exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

U$1,000 USD
=
Mex$21,523 MXN

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.

What's in this USD to MXN guide?

  1. Latest rate & 90-day trend
  2. Quick conversion amounts
  3. Comparing provider rates
  4. Foreign transfer rates
  5. Travel money rates
  6. Market news & forecasts
  7. How to get best rates
  8. Historic rates
 

Latest interbank exchange rate:

1 USD = 21.52 MXN

Sell USD / Buy MXN 

 
USD to MXN 90-day trend
ALERTS:7-DAY▼4.5% | 60-DAY LOWS |
USD/MXN at 21.53 was trading 5.4% below AVG:22.77 with LO:18.57 and HI:25.39 (90 days). ALERTS: USD/MXN was DOWN 4.5% this 7-DAY period and also dropped to 60-DAY LOWS.

Convert USD to MXN ⚇ More Charts

US Dollar to Mexican Peso - Quick Conversions

USD MXN
U$ 1 Mex$ 21.52
U$ 5 Mex$ 107.60
U$ 10 Mex$ 215.20
U$ 20 Mex$ 430.40
U$ 50 Mex$ 1,076
U$ 100 Mex$ 2,152
U$ 250 Mex$ 5,380
U$ 500 Mex$ 10,760
U$ 1,000 Mex$ 21,520
U$ 2,000 Mex$ 43,040
U$ 5,000 Mex$ 107,600
U$ 10,000 Mex$ 215,200
U$ 50,000 Mex$ 1,076,000
U$ 100,000 Mex$ 2,152,000
More amounts
USD MXN
U$ 0.0465 Mex$ 1
U$ 0.2323 Mex$ 5
U$ 0.4646 Mex$ 10
U$ 0.9292 Mex$ 20
U$ 2.3231 Mex$ 50
U$ 4.6461 Mex$ 100
U$ 11.62 Mex$ 250
U$ 23.23 Mex$ 500
U$ 46.46 Mex$ 1,000
U$ 92.92 Mex$ 2,000
U$ 232.31 Mex$ 5,000
U$ 464.61 Mex$ 10,000
U$ 2,323 Mex$ 50,000
U$ 4,646 Mex$ 100,000
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.

 
 

USD to MXN International Money Transfers

Foreign Transfer Provider Receive MXN(Mex$) Exchange RateFee USDDeal Links
OFX International Money Transfers
OFX logo
 Mex$21,200
1.7%
Best Overall
21.20^
Visit Site OFX logo
XE International Money Transfers
XE logo
 Mex$21,240
1.51%
Mex$40 more
21.240
Visit Site XE logo
HSBC International Money Transfers
HSBC logo
 Mex$20,789
3.6%
Mex$411 less
20.82U$1.50
U.S. Bank International Money Transfers
U.S. Bank logo
 Mex$20,730
3.88%
Mex$470 less
20.730
Wells Fargo Bank International Money Transfers
Wells Fargo Bank logo
 Mex$20,423
5.3%
Mex$777 less
20.84U$20
Bank of America International Money Transfers
Bank of America logo
 Mex$20,419
5.32%
Mex$781 less
20.73U$15
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
Average of bank rates
Mex$20,590
4.52%
Mex$610 less
20.7815
 
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Visit OFX OFX logo
OFX: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:21.20 (1.7% from mid-rate)
To Amount (MXN) Mex$21,200
Total Cost:1.7%
Time:
Rate Fetched: Wed Jun 03 2020 09:02:50 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
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Visit XE XE logo
XE: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:
Exchange Rate:21.24 (1.51% from mid-rate)
To Amount (MXN) Mex$21,240
Total Cost:1.51%
Difference:
Mex$40 MXN more than using OFX
Time:9:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:20.82 (3.46% from mid-rate)
To Amount (MXN) Mex$20,789
Total Cost:3.6%
Difference:
Mex$411 MXN less than using OFX
Time:9:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:0
Exchange Rate:20.73 (3.87% from mid-rate)
To Amount (MXN) Mex$20,730
Total Cost:3.88%
Difference:
Mex$470 MXN less than using OFX
Time:9:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
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Wells Fargo Bank: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:20.84 (3.36% from mid-rate)
To Amount (MXN) Mex$20,423
Total Cost:5.3%
Difference:
Mex$777 MXN less than using OFX
Time:9:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
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Bank of America: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:20.73 (3.87% from mid-rate)
To Amount (MXN) Mex$20,419
Total Cost:5.32%
Difference:
Mex$781 MXN less than using OFX
Time:9:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:15
Exchange Rate:20.69 (4.06% from mid-rate)
To Amount (MXN) Mex$20,590
Total Cost:4.52%
Difference:
Mex$610 MXN less than using OFX
Transfer Speed:
Services:
 
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Snapshot 06/03/2020 - View live rates
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

 

USD to MXN - Travel Money & Cards

Provider Amount MXN(Mex$) Exchange RateFee USDDeal Links
TransferWise Card
 Mex$21,353
0.99%
Best Overall
21.46U$5.00
Visit Site TransferWise logo
U.S. Bank Foreign Cash
U.S. Bank logo
 Mex$20,190
6.38%
Mex$1,163 less
20.190
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
Average of bank rates
Mex$19,988
7.32%
Mex$1,365 less
20.1915
Wells Fargo Bank Foreign Cash
Wells Fargo Bank logo
 Mex$19,786
8.25%
Mex$1,567 less
20.19U$20
Travelex Online Foreign Cash
Travelex Online logo
 Mex$19,335
10.34%
Mex$2,018 less
19.33490^
Visit Site Travelex Online logo
 
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Visit TransferWise TransferWise logo
TransferWise: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:U$5.00 USD (0.5% + U$1)
Exchange Rate:21.46 (-0.49% from mid-rate)
To Amount (MXN) Mex$21,353
Total Cost:0.99%
Time:9:29 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:0
Exchange Rate:20.19 (-6.38% from mid-rate)
To Amount (MXN) Mex$20,190
Total Cost:6.38%
Time:9:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:15
Exchange Rate:18.87 (-12.5% from mid-rate)
To Amount (MXN) Mex$19,988
Total Cost:7.32%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
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Wells Fargo Bank: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:20.19 (-6.38% from mid-rate)
To Amount (MXN) Mex$19,786
Total Cost:8.25%
Time:9:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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Visit Travelex Online Travelex Online logo
Travelex Online: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:19.3349 (-10.34% from mid-rate)
To Amount (MXN) Mex$19,335
Total Cost:10.34%
Time:
Rate Fetched: Wed Jun 03 2020 09:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
loading
Snapshot 06/03/2020 - View live rates
 
 

Mexican Peso (MXN) Country Guides

MexicoMexico (MXN)

USDMXN blended flags

US Dollar and Mexican Peso Forecasts

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)

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

Goldman Sachs and RBC Capital forecast a large drop for US dollar against Japanese Yen to continue with a USD/JPY rate of 95 in the near future.

The US dollar held its value in 2019 despite the US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

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 over periods upto 10 years.

USD/MXNPeriod to 02-JunDateRate
2% ▼1 Week26 May 202022.2247
12.3% ▼30 Days03 May 202024.8392
11.5% ▲90 Days04 Mar 202019.5324
10% ▲1 Year03 Jun 201919.8068
40.3% ▲5 Years04 Jun 201515.5272
69.5% ▲10 Years05 Jun 201012.8530
USD/MXN 10 year rates & changes to 02-Jun-2020 (21.7842)
 

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.

Setup BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all USD Exchange Rates