Best USD to MXN Exchange Rates - Compare Providers & Save

BER | FX Markets | USD Rates | USD/MXN

What's in this USD to MXN guide?

USDMXN latest rate, charts & alerts
Quick conversion amounts
Comparing retail exchange rates
Foreign transfer rates
Travel money rates
Market news & forecasts
How to get best rates
Historic rates

USD/MXN exchange rate (wholesale):

1 USD = 22.45 MXN

Sell USD / Buy MXN

USD to MXN chart and trends

4-DAY▼2.3%

USD/MXN at 22.51 was trading 3.8% below AVG:23.39 with LO:21.5 and HI:25.39 (90 days). ALERT: USD/MXN is DOWN 2.3% this 4-DAY period.

03-JUL 9AM-NY 2PM-LON 9PM-HK 11PM-SYD

US Dollar to Mexican Peso - Quick Conversions

USD	MXN
U$ 1	Mex$ 22.45
U$ 5	Mex$ 112.25
U$ 10	Mex$ 224.50
U$ 20	Mex$ 449.00
U$ 50	Mex$ 1,123
U$ 100	Mex$ 2,245
U$ 250	Mex$ 5,613
U$ 500	Mex$ 11,225
U$ 1,000	Mex$ 22,450
U$ 2,000	Mex$ 44,900
U$ 5,000	Mex$ 112,250
U$ 10,000	Mex$ 224,500
U$ 50,000	Mex$ 1,122,500
U$ 100,000	Mex$ 2,245,000
More amounts

USD	MXN
U$ 0.0445	Mex$ 1
U$ 0.2227	Mex$ 5
U$ 0.4455	Mex$ 10
U$ 0.8909	Mex$ 20
U$ 2.2273	Mex$ 50
U$ 4.4545	Mex$ 100
U$ 11.14	Mex$ 250
U$ 22.27	Mex$ 500
U$ 44.55	Mex$ 1,000
U$ 89.09	Mex$ 2,000
U$ 222.73	Mex$ 5,000
U$ 445.45	Mex$ 10,000
U$ 2,227	Mex$ 50,000
U$ 4,455	Mex$ 100,000
More amounts

To calculate other USD/MXN amounts try our home-page Convert USD to MXN quick converter.

Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

USD to MXN International Money Transfers

Send U$1,000 U.S. dollar USD → Mexican peso MXN

Provider Review	Receive MXN(Mex$)	Exchange Rate	Fee USD	Deal Links
OFX > Best Overall	Mex$22,060 1.68%	22.06	0^	Visit Site
XE	Mex$22,100 1.5%	22.1	0	Visit Site
HSBC	Mex$21,628 3.6% Mex$432 less	21.66	U$1.50	Compare HSBC Rates
U.S. Bank	Mex$21,570 3.86% Mex$490 less	21.57	0	Compare U.S. Bank Rates
Bank of America	Mex$21,246 5.3% Mex$814 less	21.57	U$15	Compare Bank of America Rates
Wells Fargo Bank	Mex$21,246 5.3% Mex$814 less	21.68	U$20	Compare Wells Fargo Bank Rates
Banks - Average Rate	Mex$21,423 4.52% Mex$637 less	21.62	15

OFX

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:	22.06 (1.68% from mid-rate)
To Amount (MXN)	Mex$22,060
Total Cost:	1.68%
Time:	Rate Fetched: Fri Jul 03 2020 13:02:46 GMT+0000 (UTC)
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone, Speak to Dealers, Foreign Currency Accounts
Rating:	: 4.8/5.0
Review:	20 Reviews

Compare OFX Rates

Visit OFX

XE: Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:
Exchange Rate:	22.10 (1.5% from mid-rate)
To Amount (MXN)	Mex$22,100
Total Cost:	1.5%
Time:	13:29 Local
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone, Speak to Dealers
Rating:	: 3.5/5.0
Review:	1 Review

Compare XE Rates

Visit XE

HSBC

HSBC: Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:	U$1.50 USD (.15%)
Exchange Rate:	21.66 (3.46% from mid-rate)
To Amount (MXN)	Mex$21,628
Total Cost:	3.6%
Difference:	Mex$432 MXN less than using OFX
Time:	13:29 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Review:

Compare HSBC Rates

U.S. Bank

U.S. Bank: Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:	0
Exchange Rate:	21.57 (3.86% from mid-rate)
To Amount (MXN)	Mex$21,570
Total Cost:	3.86%
Difference:	Mex$490 MXN less than using OFX
Time:	13:29 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Review:

Compare U.S. Bank Rates

Bank of America

Bank of America: Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:	U$15 USD (Minimum fee)
Exchange Rate:	21.57 (3.86% from mid-rate)
To Amount (MXN)	Mex$21,246
Total Cost:	5.3%
Difference:	Mex$814 MXN less than using OFX
Time:	13:29 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Review:

Compare Bank of America Rates

Wells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:	U$20 USD (Minimum fee)
Exchange Rate:	21.68 (3.37% from mid-rate)
To Amount (MXN)	Mex$21,246
Total Cost:	5.3%
Difference:	Mex$814 MXN less than using OFX
Time:	13:29 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Review:

Compare Wells Fargo Bank Rates

Banks - Average Rate

Foreign Transfer USD→MXN
From Amount (USD)	U$1,000
Fee:	15
Exchange Rate:	21.53 (4.04% from mid-rate)
To Amount (MXN)	Mex$21,423
Total Cost:	4.52%
Difference:	Mex$637 MXN less than using OFX
Transfer Speed:
Services:

Snapshot 07/03/2020 - View live rates

USD to MXN - Travel Money & Cards

U$1,000 U.S. dollar USD → Mexican peso MXN

Provider Review	Amount MXN(Mex$)	Exchange Rate	Fee USD	Deal Links
TransferWise > Best Overall	Mex$21,985 2.01%	22.32	U$15.00	Visit Site
U.S. Bank	Mex$21,000 6.4% Mex$985 less	21	0
Banks - Average Rate	Mex$20,790 7.34% Mex$1,195 less	21.00	15
Wells Fargo Bank	Mex$20,580 8.27% Mex$1,405 less	21	U$20
Travelex Online	Mex$20,007 10.83%	20.007	0^	Visit Site

TransferWise

TransferWise: Travel Money USD→MXN
From Amount (USD)	U$1,000
Fee:	U$15.00 USD (1.5%)
Exchange Rate:	22.32 (-0.52% from mid-rate)
To Amount (MXN)	Mex$21,985
Total Cost:	2.01%
Time:	13:29 Local
Currency Services:	Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:	5-7 days
Rating:	: 4.6/5.0
Review:	4 Reviews

Visit TransferWise

U.S. Bank

U.S. Bank: Travel Money USD→MXN
From Amount (USD)	U$1,000
Fee:	0
Exchange Rate:	21.00 (-6.4% from mid-rate)
To Amount (MXN)	Mex$21,000
Total Cost:	6.4%
Time:	13:29 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Review:

Banks - Average Rate

Travel Money USD→MXN
From Amount (USD)	U$1,000
Fee:	15
Exchange Rate:	19.63 (-12.51% from mid-rate)
To Amount (MXN)	Mex$20,790
Total Cost:	7.34%
Currency Services:	Branch
Delivery/Collect:	-

Wells Fargo Bank

Wells Fargo Bank: Travel Money USD→MXN
From Amount (USD)	U$1,000
Fee:	U$20 USD (Minimum fee)
Exchange Rate:	21.00 (-6.4% from mid-rate)
To Amount (MXN)	Mex$20,580
Total Cost:	8.27%
Time:	13:29 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Review:

Travelex Online

Travelex Online: Travel Money USD→MXN
From Amount (USD)	U$1,000
Fee:	$0 - No fees for Debit & Credit Cards
Exchange Rate:	20.007 (-10.83% from mid-rate)
To Amount (MXN)	Mex$20,007
Total Cost:	10.83%
Time:	Rate Fetched: Fri Jul 03 2020 13:15:03 GMT+0000 (UTC)
Currency Services:	FREE Home delivery & Branch pickup
Delivery/Collect:	2-3 days
Rating:	: 4.3/5.0
Review:	13 Reviews

Visit Travelex Online

Snapshot 07/03/2020 - View live rates

Mexican Peso (MXN) Country Guides

Mexico (MXN)

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.

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 history of USD vs MXN.

The following table looks at the change in the USD to MXN historic exchange rate over a range of periods upto 10 years.

USD/MXN historic rate	Change to 02-Jul	Period
22.6912 25 Jun 2020	0.9% ▼	1 Week
21.7379 02 Jun 2020	3.5% ▲	30 Days
24.9930 03 Apr 2020	10% ▼	90 Days
19.0195 03 Jul 2019	18.3% ▲	1 Year
15.7283 04 Jul 2015	43% ▲	5 Years
13.1164 05 Jul 2010	71.5% ▲	10 Years

USD/MXN 10 year historic rates & changes to 02-Jul-2020 : 22.4940

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

USD to MXN - Exchange Rates Guide