Loading...
Best Exchange Rates

Home pages - full list (A-Z)

Compare USD to MXN foreign transfers

Use our comparison table to find the best exchange rates for Mexican Peso foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$USD
$MXN

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive MXN($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
190,600 MXN
Best Overall
19.060^1.01%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
191,518 MXN
918 MXN more
19.25$510.53%Bank Transfers - Online1-2 days
Wells Fargo Bank logo
186,663 MXN
3,937 MXN less
18.7183.05%Online, Branch, Bank Transfers2-3 days
HSBC logo
186,520 MXN
4,080 MXN less
18.68$153.12%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
185,366 MXN
5,234 MXN less
18.65153.72%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
184,140 MXN
6,460 MXN less
18.6$1004.36%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
184,140 MXN
6,460 MXN less
18.6$1004.36%Online, Branch, Bank Transfers2-3 days
 
Xoom logo
Your amount above the Xoom USD2999 maximum
NaN MXN less
 
WorldRemit logo
Your amount above the WorldRemit USD2000 maximum
NaN MXN less
 
OFX: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:19.06 (1.01% from mid-rate)
MXN amount:190,600 MXN
Total Cost:1.01%
Time:
Rate Fetched: Fri Feb 22 2019 10:02:44 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:19.25 (0.02% from mid-rate)
MXN amount:191,518 MXN
Total Cost:0.53%
Difference:
918 MXN more than using OFX
Time:12:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:18
Exchange Rate:18.7 (2.88% from mid-rate)
MXN amount:186,663 MXN
Total Cost:3.05%
Difference:
3,937 MXN less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:18.68 (2.98% from mid-rate)
MXN amount:186,520 MXN
Total Cost:3.12%
Difference:
4,080 MXN less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:15
Exchange Rate:18.56 (3.6% from mid-rate)
MXN amount:185,366 MXN
Total Cost:3.72%
Difference:
5,234 MXN less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of America: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.6 (3.39% from mid-rate)
MXN amount:184,140 MXN
Total Cost:4.36%
Difference:
6,460 MXN less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:18.6 (3.39% from mid-rate)
MXN amount:184,140 MXN
Total Cost:4.36%
Difference:
6,460 MXN less than using OFX
Time:12:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Xoom: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:
Transfer Speed:
Services:
Rating:
 
: 4.2/5.0
Reviews:
WorldRemit: Foreign Transfer USD→MXN
USD amount:$10,000 USD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019

1 USD = 19.233 MXN

This is the current USD-MXN mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-MXN exchange rate.

3 Month Chart
Loading AUDUSD rates

Currency news and forecasts for United States Dollar and Mexican Peso

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MXN, you should pay attention to both United States Dollar and Mexican Peso news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Mexican Peso (MXN) - Market news and forecasts

12-February-2019: The December-January period was an excellent one for the Mexican peso as it strengthened by nearly 7 percent into the low 19s per USD. Traders began piling into pesos after USD/MXN failed multiple times in the fourth quarter ’18 to break meaningfully through important resistance at 20.5-20.6.

From here on in, the peso stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the peso had most to gain because of its sensitivity to the oil price, which ING says has significant upside this year.

Also supporting the peso in 2019 will be a slower pace of Federal Reserve interest rate hikes. Under such conditions the dollar will weaken, and emerging market currencies should gain value as a result because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

Currency News and Forecasts - United States Dollar

Japan Allows Fintech Payments Specialists to Compete with Banks
Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates