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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$22,197 MXN

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


 

Latest interbank exchange rate:

1 USD = 22.20 MXN

Sell USD / Buy MXN 

 
USD to MXN 90-day trend
ALERTS:7-DAY6.1% | 60-DAY LOWS |
USD/MXN at 22.2 was trading 1.8% below AVG:22.6 with LO:18.55 and HI:25.39 (90 days). ALERTS: USD/MXN was DOWN 6.1% this 7-DAY period and also dropped to 60-DAY LOWS.

US Dollar to Mexican Peso - Quick Conversions

USD MXN
U$ 1 Mex$ 22.20
U$ 5 Mex$ 111.00
U$ 10 Mex$ 222.00
U$ 20 Mex$ 444.00
U$ 50 Mex$ 1,110
U$ 100 Mex$ 2,220
U$ 250 Mex$ 5,550
U$ 500 Mex$ 11,100
U$ 1,000 Mex$ 22,200
U$ 2,000 Mex$ 44,400
U$ 5,000 Mex$ 111,000
U$ 10,000 Mex$ 222,000
U$ 50,000 Mex$ 1,110,000
U$ 100,000 Mex$ 2,220,000
More amounts
USD MXN
U$ 0.0451 Mex$ 1
U$ 0.2253 Mex$ 5
U$ 0.4505 Mex$ 10
U$ 0.9010 Mex$ 20
U$ 2.2526 Mex$ 50
U$ 4.5051 Mex$ 100
U$ 11.26 Mex$ 250
U$ 22.53 Mex$ 500
U$ 45.05 Mex$ 1,000
U$ 90.10 Mex$ 2,000
U$ 225.26 Mex$ 5,000
U$ 450.51 Mex$ 10,000
U$ 2,253 Mex$ 50,000
U$ 4,505 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 logo
Mex$21,821
0%
Best Overall
21.82090^
XE logo
Mex$21,910
0%
Mex$89 more
21.910
U.S. Bank International Money Transfers
U.S. Bank logo
Mex$21,280
0%
Mex$541 less
21.280
Bank of America International Money Transfers
Bank of America logo
Mex$20,961
0%
Mex$860 less
21.28U$15
HSBC logo
Mex$21,328
0%
Mex$493 less
21.36U$1.50
Wells Fargo Bank logo
Mex$20,952
0%
Mex$869 less
21.38U$20
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
Mex$21,130
0%
Mex$691 less
21.3315
 
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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:21.8209 (1.9% from mid-rate)
To Amount (MXN) Mex$21,821
Total Cost:0%
Time:
Rate Fetched: Thu May 28 2020 15:02:46 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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XE: Foreign Transfer USD→MXN
From Amount (USD)U$1,000
Fee:
Exchange Rate:21.91 (1.5% from mid-rate)
To Amount (MXN) Mex$21,910
Total Cost:0%
Difference:
Mex$89 MXN more than using OFX
Time:15:30 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
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:21.28 (4.33% from mid-rate)
To Amount (MXN) Mex$21,280
Total Cost:0%
Difference:
Mex$541 MXN less than using OFX
Time:15:30 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:21.28 (4.33% from mid-rate)
To Amount (MXN) Mex$20,961
Total Cost:0%
Difference:
Mex$860 MXN less than using OFX
Time:15:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /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:21.36 (3.97% from mid-rate)
To Amount (MXN) Mex$21,328
Total Cost:0%
Difference:
Mex$493 MXN less than using OFX
Time:15:30 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:21.38 (3.88% from mid-rate)
To Amount (MXN) Mex$20,952
Total Cost:0%
Difference:
Mex$869 MXN less than using OFX
Time:15:30 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:21.23 (4.55% from mid-rate)
To Amount (MXN) Mex$21,130
Total Cost:0%
Difference:
Mex$691 MXN less than using OFX
Transfer Speed:
Services:
 
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Snapshot 05/28/2020 - 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
Travelex Online logo
Mex$19,793
0%
Best Overall
19.79330^
U.S. Bank Foreign Cash
U.S. Bank logo
Mex$20,820
0%
Mex$1,027 more
20.820
Wells Fargo Bank logo
Mex$20,404
0%
Mex$611 more
20.82U$20
Mex$22,019
0%
Mex$2,226 more
22.13U$5.00
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
Mex$20,612
0%
Mex$819 more
20.8215
 
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Travelex Online: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:19.7933 (-11% from mid-rate)
To Amount (MXN) Mex$19,793
Total Cost:0%
Time:
Rate Fetched: Thu May 28 2020 15:30:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
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:20.82 (-6.38% from mid-rate)
To Amount (MXN) Mex$20,820
Total Cost:0%
Time:15:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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:20.82 (-6.38% from mid-rate)
To Amount (MXN) Mex$20,404
Total Cost:0%
Time:15:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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TransferWise: Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:U$5.00 USD (0.5% + U$1)
Exchange Rate:22.13 (-0.49% from mid-rate)
To Amount (MXN) Mex$22,019
Total Cost:0%
Time:15:30 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
Banks - Average Rate
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Travel Money USD→MXN
From Amount (USD)U$1,000
Fee:15
Exchange Rate:19.46 (-12.49% from mid-rate)
To Amount (MXN) Mex$20,612
Total Cost:0%
Currency Services:Branch
Delivery/Collect:-
 
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Snapshot 05/28/2020 - 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 27-MayDateRate
3.8% ▼1 Week20 May 202023.2116
9.8% ▼30 Days27 Apr 202024.7641
14.7% ▲90 Days27 Feb 202019.4670
16.4% ▲1 Year28 May 201919.1875
45.3% ▲5 Years29 May 201515.3666
74.3% ▲10 Years30 May 201012.8155
USD/MXN 10 year rates & changes to 27-May-2020 (22.3325)
 

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