Comparing USD to MXN Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/MXN rate (aka interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for USD to MXN International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
US Dollar to Mexican Peso - Quick Conversions
|
USD |
MXN |
| U$ 1 |
Mex$ 20.11 |
| U$ 5 |
Mex$ 100.55 |
| U$ 10 |
Mex$ 201.10 |
| U$ 20 |
Mex$ 402.20 |
| U$ 50 |
Mex$ 1,006 |
| U$ 100 |
Mex$ 2,011 |
| U$ 250 |
Mex$ 5,028 |
| U$ 500 |
Mex$ 10,055 |
| U$ 1,000 |
Mex$ 20,110 |
| U$ 2,000 |
Mex$ 40,220 |
| U$ 5,000 |
Mex$ 100,550 |
| U$ 10,000 |
Mex$ 201,100 |
| U$ 50,000 |
Mex$ 1,005,500 |
| U$ 100,000 |
Mex$ 2,011,000 |
| More amounts |
Calculate other USD/MXN amounts (from or to) at mid-market with our
USD to MXN Calculator .
US Dollar to Mexican Peso Forecasts
Since the end of June, the Mexican peso has gained almost 10% against the dollar, the best performance among about 140 currencies tracked by Bloomberg. The peso has also delivered the No.1 carry trade — the gains made by borrowing dollars and buying short-term peso-denominated securities — a reward for investors with the stomach to go in after a precipitous 18% selloff in the first half of 2020.
Get more details in the article USD to MXN Forecasts.
Country Guides - Mexican Peso
How to get Best USD to MXN Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US Dollar vs Mexican Peso current value is to look the USD/MXN historic rate and change over a range of periods.
The following table looks at the change in the USD to MXN exchange rate over periods from the previous week back to the last 10 years.
| USD/MXN | Change | Period |
|---|
| 20.1048 23 Nov 2020 | 0.4% ▲ | 1 Week |
| 21.1864 31 Oct 2020 | 4.7% ▼ | 30 Days |
| 21.7451 01 Sep 2020 | 7.2% ▼ | 90 Days |
| 19.5392 01 Dec 2019 | 3.3% ▲ | 1 Year |
| 16.5700 02 Dec 2015 | 21.8% ▲ | 5 Years |
| 12.3458 03 Dec 2010 | 63.5% ▲ | 10 Years |
USD/MXN 10 year historic rates & change to 30-Nov-2020 : 20.1846
Will the US Dollar rise against the Mexican Peso?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/MXN to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
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.