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    Best MXN to USD Exchange Rates Compared Live

    The best MXN to USD exchange rate is 0.060416. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing MXN-USD exchange rates

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

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

     
     

    MXN to USD Market Data

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

     
    1 MXN =
    0.060416We compare provider deals to this wholesale mid-market rate. Read more
    USD
    +0.4%
    1M
    MXN to USD is at 30-day highs near 0.060403, 1.6% above its 3-month average of 0.059465, having traded in a quite stable 5.4% range from 0.058127 to 0.061276
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    DateMXN/USDPeriod
    05 May 2024
    0.0589
    2 Week
    19 Feb 2024
    0.0587
    3 Month
    20 May 2023
    0.0562
    1 Year
    21 May 2019
    0.0526
    5 Year
    22 May 2014
    0.0776
    10 Year
    24 May 2004
    0.0865
    20 Year
    MXN/USD historic rates
     

    What are equivalent amounts of MXN and USD?

    Here are some popular conversion amounts for MXN to USD (Mexican peso to US dollar)*.

    MXN USD
    Mex$ 1 $ 0.0604
    Mex$ 5 $ 0.3021
    Mex$ 10 $ 0.6042
    Mex$ 20 $ 1.2083
    Mex$ 50 $ 3.0208
    Mex$ 100 $ 6.0416
    Mex$ 250 $ 15.10
    Mex$ 500 $ 30.21
    Mex$ 1,000 $ 60.42
    Mex$ 2,000 $ 120.83
    Mex$ 5,000 $ 302.08
    Mex$ 10,000 $ 604.16
    Mex$ 20,000 $ 1,208
    Mex$ 50,000 $ 3,021
    Mex$ 100,000 $ 6,042
    MXN USD
    Mex$ 16.55 $ 1
    Mex$ 82.75 $ 5
    Mex$ 165.50 $ 10
    Mex$ 331.00 $ 20
    Mex$ 827.50 $ 50
    Mex$ 1,655 $ 100
    Mex$ 4,138 $ 250
    Mex$ 8,275 $ 500
    Mex$ 16,550 $ 1,000
    Mex$ 33,100 $ 2,000
    Mex$ 82,750 $ 5,000
    Mex$ 165,500 $ 10,000
    Mex$ 331,000 $ 20,000
    Mex$ 827,500 $ 50,000
    Mex$ 1,655,000 $ 100,000

    More amounts

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

     
     

    Forecasts for MXN to USD

     

    The Mexican peso has been enjoying a strong performance against the US dollar, with year-to-date total returns of 5.36%. The market's optimism towards the peso is evident, particularly due to its strong showing against the USD and the yen. Analysts believe that the robust peso will allow Banxico to proceed with a steady path of rate cuts. However, the upcoming June 2nd elections in Mexico are anticipated to be tumultuous and could introduce volatility to the currency.

    Read our full review of recent MXN to USD forecasts.

     

    How to get a good MXN to USD exchange rate

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

    1. Shop around for the best MXN/USD 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 MXN/USD 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 MXN and USD 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 US dollar with Mexican peso, then it's better for the MXN/USD 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 Mexican peso rise against the US dollar?

    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 MXN/USD 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.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to the United States - a practical currency and money guide to travel, living and doing business in the United States with the US dollar.

     
     
     

    Currency Country Guides

    United StatesUnited States (USD)MexicoMexico (MXN)East TimorEast Timor (USD)
    EcuadorEcuador (USD)El SalvadorEl Salvador (USD)British Virgin IslandsBritish Virgin Islands (USD)
    US Virgin IslandsUS Virgin Islands (USD)Caribbean NetherlandsCaribbean Netherlands (USD)Turks and Caicos IslandsTurks and Caicos Islands (USD)
     

    Setting up a business in the US as a foreigner

    Setting up a business in the US as a foreigner is generally the same process as setting up a business as a US citizen. However, there may be additional legal requirements and regulations that apply to foreign nationals. It is advisable to consult with a lawyer who specializes in immigration and business law to ensure compliance with all relevant laws and regulations. Additionally, obtaining a valid work visa may be necessary in order to work in the US as a foreigner. It's important to research the specific requirements for the type of business you plan to start and the state where you plan to set it up.

    Read more at our United States (USD) 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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