The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to the United States can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the United States bank accounts or pay a US dollar invoice.
MXN to USD Market Data
Mexican peso (MXN) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MXN to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Mexican peso against the US dollar is to review how the MXN/USD rate has changed over time.
The table below shows the percentage change in the MXN to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MXN/USD
Period
05 Jul 2025
0.0537
2 Week
20 Apr 2025
0.0508
3 Month
19 Jul 2024
0.0554
1 Year
20 Jul 2020
0.0445
5 Year
22 Jul 2015
0.0623
10 Year
24 Jul 2005
0.0942
20 Year
MXN/USD historic rates
Analysts note the USD/MXN exchange rate is currently at 18.75, 2.2% below its 3-month avg. of 19.17. The recent USD strength, boosted by retail sales, contrasts with the MXN's volatility linked to tariff talks. Watch for developments as they may shift the rate further
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MXN to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Mexican peso are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MXN amounts at today’s rate * :
The standard OFX MXN-USD rate is 0.052687076, -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
Peso to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest MXN-USD mid-rate and the possible savings of using various providers.
How do 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 0.0531, -0.43% from the latest mid-market rate 0.053327.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.