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    Best USD to MXN Exchange Rates Compared Live

    The best USD to MXN exchange rate is 16.73. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing USD-MXN exchange rates

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

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

     
    @bestfxrates : USD to MXN update: Strong US economy & inflation keep Fed rate cut hopes at bay, bolstering USD. MXN shows resilience amid rate cut prospects, but election jitters may sway peso. USD/MXN trades 2.7% below 3-mo avg. Market eyes potential fluctuations, stay tuned for econ data. #USDMXN #Forex

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    USD to MXN Market Data

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

     
    1 USD =
    16.73We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    +0.0%
    3M
    USD to MXN at 16.44 is 2.7% below its 3-month average of 16.9, having traded in a relatively stable 6.1% range from 16.32 to 17.32
    |
    Sell USD   →   Buy MXN
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    DateUSD/MXNChangePeriod
    28 Mar 2024
    16.61
    1% 2 Week
    12 Jan 2024
    16.87
    2.5% 3 Month
    12 Apr 2023
    18.07
    9% 1 Year
    13 Apr 2019
    18.76
    12.4% 5 Year
    14 Apr 2014
    13.03
    26.2% 10 Year
    16 Apr 2004
    11.26
    46% 20 Year
    USD/MXN historic rates & change to 11-Apr-2024
     

    What are equivalent amounts of USD and MXN?

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

    USD MXN
    $ 1 Mex$ 16.73
    $ 5 Mex$ 83.65
    $ 10 Mex$ 167.30
    $ 20 Mex$ 334.60
    $ 50 Mex$ 836.50
    $ 100 Mex$ 1,673
    $ 250 Mex$ 4,183
    $ 500 Mex$ 8,365
    $ 1,000 Mex$ 16,730
    $ 2,000 Mex$ 33,460
    $ 5,000 Mex$ 83,650
    $ 10,000 Mex$ 167,300
    $ 20,000 Mex$ 334,600
    $ 50,000 Mex$ 836,500
    $ 100,000 Mex$ 1,673,000
    USD MXN
    $ 0.0598 Mex$ 1
    $ 0.2989 Mex$ 5
    $ 0.5979 Mex$ 10
    $ 1.1957 Mex$ 20
    $ 2.9894 Mex$ 50
    $ 5.9787 Mex$ 100
    $ 14.95 Mex$ 250
    $ 29.89 Mex$ 500
    $ 59.79 Mex$ 1,000
    $ 119.57 Mex$ 2,000
    $ 298.94 Mex$ 5,000
    $ 597.87 Mex$ 10,000
    $ 1,196 Mex$ 20,000
    $ 2,989 Mex$ 50,000
    $ 5,979 Mex$ 100,000

    More amounts

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

     
     

    Forecasts for USD to MXN

     

    Based on recent exchange rate forecasts and currency market updates, FX analysts are closely monitoring the USD to MXN exchange rate. The US dollar has shown strength due to higher-than-expected inflation rates, leading to a surge in value against major currencies. The robust US economic performance and expectations of higher yields have prompted some analysts to revise their shorter-term dollar forecasts higher. This could potentially lead to further gains for the USD against the Mexican peso in the near term.

    Read our full review of recent USD to MXN forecasts.

     

    How to get a good USD to MXN exchange rate

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

    1. Shop around for the best USD/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 USD/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 USD 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 US dollar, then it's better for the USD/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 US dollar 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 USD/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

    United StatesUnited States (USD)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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