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Understanding the Table:
The comparison table above helps you see the total cost of your OFX 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’.
Mexican peso (MXN) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
MXN/USD Outlook: Bullish, as the rate is trading significantly above its recent average and near recent highs, supported by the Bank of Mexico's pause on rate cuts.
USD/SGD Outlook: Likely to decrease as the current rate is near recent lows and significantly below its 90-day average, with bearish pressure from various factors.
EUR/SGD Outlook: Slightly positive, but likely to move sideways, as the rate is near its recent average, lacking a clear driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much Mexican peso are worth in Singapore 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 * :
| MXN | SGD |
|---|---|
| Mex$ 1,000 | S$ 73.21 |
| Mex$ 5,000 | S$ 366.07 |
| Mex$ 20,000 | S$ 1,464 |
| Mex$ 100,000 | S$ 7,321 |
| MXN | SGD |
|---|---|
| Mex$ 13,660 | S$ 1,000 |
| Mex$ 68,300 | S$ 5,000 |
| Mex$ 273,200 | S$ 20,000 |
| Mex$ 1,366,000 | S$ 100,000 |
More amounts
*Converted at the current MXN-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX MXN to SGD exchange rate is 0.0728. This is -0.57% compared to the latest MXN-SGD mid-market rate 0.073214.
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 Singapore dollar (SGD) rates from different sources before making a conversion.
The above OFX - Peso to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest MXN-SGD mid-rate and the possible savings of using various providers.
Looking at the full MXN to SGD - Send Money comparison table the provider with the best MXN to SGD exchange rate is OFX at 0.0728, -0.57% from the latest mid-market rate 0.073214.
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 like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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