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USD to MXN - Best Rates Guide

We review US Dollar to Mexican Peso latest & historic FX rates along with recent USD/MXN Trend and Alerts.

 
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Latest wholesale rate

1 USD = 20.11 MXN
SELL USD / BUY MXN 
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US Dollar to Mexican Peso
- Trend & Alerts

USDMXN at 20.1 is 4.6% below its 90-DAY average, range 19.96-22.46.
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1-DAY0.5% 90-DAY-LOW (5d)
 
USD to MXN chart

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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.

 
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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
USD MXN
U$ 0.0497 Mex$ 1
U$ 0.2486 Mex$ 5
U$ 0.4972 Mex$ 10
U$ 0.9945 Mex$ 20
U$ 2.4862 Mex$ 50
U$ 4.9724 Mex$ 100
U$ 12.43 Mex$ 250
U$ 24.86 Mex$ 500
U$ 49.72 Mex$ 1,000
U$ 99.45 Mex$ 2,000
U$ 248.62 Mex$ 5,000
U$ 497.24 Mex$ 10,000
U$ 2,486 Mex$ 50,000
U$ 4,972 Mex$ 100,000
More amounts

Calculate other USD/MXN amounts (from or to) at mid-market with our USD to MXN Calculator .

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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

 
MexicoMexico (MXN)
     

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/MXNChangePeriod
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.

 

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.