Understanding the Table:
The comparison table above helps you see the total cost of your Santander 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 US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
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 |
|---|---|---|
31 May 2025 | 0.0515 | 2 Week |
16 Mar 2025 | 0.0502 | 3 Month |
14 Jun 2024 | 0.0542 | 1 Year |
15 Jun 2020 | 0.0451 | 5 Year |
17 Jun 2015 | 0.0654 | 10 Year |
19 Jun 2005 | 0.0926 | 20 Year |
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 * :
| MXN | USD |
|---|---|
| Mex$ 1,000 | $ 52.55 |
| Mex$ 5,000 | $ 262.74 |
| Mex$ 20,000 | $ 1,051 |
| Mex$ 100,000 | $ 5,255 |
More amounts
*Converted at the current MXN-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Santander MXN to USD exchange rate is 0.0501. This is -4.7% compared to the latest MXN-USD mid-market rate 0.052547.
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 Santander - Peso to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest MXN-USD mid-rate and the possible savings of using various 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 0.0523, -0.47% from the latest mid-market rate 0.052547.
The next best is WorldRemit at 0.0518, -1.4% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander 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.
The Mexican peso (MXN) has demonstrated significant volatility recently, primarily influenced by geopolitical events and trade negotiations with the United States.
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View a full list of exchange rates by selecting your Base (from) currency: