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    Best EUR to MXN Exchange Rates Compared Live

    The best EUR to MXN exchange rate is 17.99. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing EUR-MXN exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Mexican peso (MXN) rates from different sources before making a conversion.

    The above Euro to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest EUR-MXN mid-rate (see below) and the possible savings of using another provider.

     
    @bestfxrates : EURMXN remains delicately balanced at 18.14 amid ECB's looming rate cuts. Positive Eurozone data tempers the mood, but inflation looms large. Meanwhile, the robust MXN rides high on oil, remittances, and steady Banxico rates, though elections could stir volatility. Watch oil for MXN cues. #EURMXN #CurrencyMarkets #Forex #Eurozone #Mexico

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    EUR to MXN Market Data

    Euro (EUR) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 EUR =
    17.99We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    -0.5%
    1M
    EUR to MXN is at 30-day lows near 17.98, 1.0% below its 3-month average of 18.17, having traded in a quite stable 5.2% range from 17.63 to 18.55
    |
    Sell EUR   →   Buy MXN
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      1 MXN = 0.055591 EUR
    DateEUR/MXNChangePeriod
    06 May 2024
    18.18
    1.2% 2 Week
    20 Feb 2024
    18.44
    2.5% 3 Month
    21 May 2023
    19.22
    6.5% 1 Year
    22 May 2019
    21.19
    15.2% 5 Year
    23 May 2014
    17.54
    2.5% 10 Year
    25 May 2004
    13.89
    29.4% 20 Year
    EUR/MXN historic rates & change to 20-May-2024
     

    What are equivalent amounts of EUR and MXN?

    Here are some popular conversion amounts for EUR to MXN (Euro to Mexican peso)*.

    EUR MXN
    € 1 Mex$ 17.99
    € 5 Mex$ 89.95
    € 10 Mex$ 179.90
    € 20 Mex$ 359.80
    € 50 Mex$ 899.50
    € 100 Mex$ 1,799
    € 250 Mex$ 4,498
    € 500 Mex$ 8,995
    € 1,000 Mex$ 17,990
    € 2,000 Mex$ 35,980
    € 5,000 Mex$ 89,950
    € 10,000 Mex$ 179,900
    € 20,000 Mex$ 359,800
    € 50,000 Mex$ 899,500
    € 100,000 Mex$ 1,799,000
    EUR MXN
    0.0556 Mex$ 1
    0.2780 Mex$ 5
    0.5559 Mex$ 10
    1.1118 Mex$ 20
    2.7796 Mex$ 50
    5.5591 Mex$ 100
    13.90 Mex$ 250
    27.80 Mex$ 500
    55.59 Mex$ 1,000
    111.18 Mex$ 2,000
    277.96 Mex$ 5,000
    555.91 Mex$ 10,000
    1,112 Mex$ 20,000
    2,780 Mex$ 50,000
    5,559 Mex$ 100,000

    More amounts

    *Converted at the current EURMXN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for EUR to MXN

     

    Based on recent EUR-MXN exchange rate analyst forecasts and currency market updates, the euro's direction against the Mexican peso seems uncertain. While the euro has shown mixed performance, with some support derived from positive Eurozone economic data such as industrial production growth and GDP expansion, potential weakness in the euro is suggested for the upcoming month of May due to expectations of rate cuts by the European Central Bank. The upcoming inflation data in Europe will be crucial, with markets almost fully pricing in an interest rate cut in June. The current EUR to MXN exchange rate of 18.14 is close to its 3-month average, indicating relative stability in the pair within a 5.2% range.

    Read our full review of recent EUR to MXN forecasts.

     

    How to get a good EUR to MXN exchange rate

    There are several ways to save on exchange rates when converting Euro to Mexican peso:

    1. Shop around for the best EUR/MXN exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the EUR/MXN rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and MXN at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Mexican peso with Euro, then it's better for the EUR/MXN exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Euro 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 EUR/MXN to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

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    Read our Currency guide to Mexico - a practical currency and money guide to travel, living and doing business in Mexico with the Mexican peso.

     
     
     

    Currency Country Guides

    EurozoneEurozone (EUR)MexicoMexico (MXN)
     

    Is Mexico a good place for Americans to retire to?

    Mexico can be a good place for Americans to retire to, as it offers a lower cost of living and a warm climate in many areas. However, it is important to keep in mind that Mexico has its own unique culture and way of life, which may take some getting used to.

    Additionally, it is important to be aware of the potential risks and hazards that can come with living in a foreign country, such as crime and political instability. It is also important to research the area you plan to retire to and understand the local laws and customs. Consulting with a financial advisor and attorney before making any decisions is also advisable.

    Read more at our Mexico (MXN) country guide

       
     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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