What is the
best Send Money conversion rate for MXN to USD?
The best MXN to USD exchange rate is our partner deal rate of 0.0535 from OFX . This is -0.55% compared to the mid-market rate 0.053797.
The standard OFX MXN-USD rate is 0.053151436, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Mexican peso (MXN) to US dollar (USD) rates from different sources before making a conversion.
The above
Capital One - Peso to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Capital One and other foreign exchange providers against the latest MXN-USD mid-rate and the possible savings of using various providers.
How do Capital One MXN-USD rates compare between providers?
Looking at the full
MXN to USD - Send Money comparison table the provider with the best MXN to USD exchange rate is OFX at 0.0535, -0.55% from the latest mid-market rate 0.053797.
The next best is WorldRemit at 0.053, -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Capital One often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.