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    Best USD to MXN Exchange Rates Compared Live

    The live mid-market USD-MXN exchange rate is 19.80. Compare currency conversion rates - Reduce FX costs.

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    USD/MXN has surged to 20.09, a 2.8% jump above the 3-month average, driven by Trump’s electoral win and expectations of higher US interest rates. Analysts note the peso is at a two-year low, with forecasts predicting volatility based on the evolving political landscape. 07-Nov

     
     

    What is the best Send Money conversion rate for USD to MXN?

    The best USD to MXN exchange rate is 19.7 from OFX. This is -0.51% compared to the mid-market rate 19.80.

    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.

     

    Compare Rates

     

    The Dollar to Peso comparison table above 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 USD-MXN mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    USD to MXN Market Data

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

     
    1 USD =
    19.80We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    -1.4%
    2W
    USD to MXN is at 14-day lows near 19.80, 1.3% above its 3-month average of 19.55, having traded in a fairly volatile 8.9% range from 18.63 to 20.28
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    Sell USD   →   Buy MXN
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    DateUSD/MXNChangePeriod
    24 Oct 2024
    19.83
    0.1% 2 Week
    09 Aug 2024
    18.83
    5.3% 3 Month
    08 Nov 2023
    17.54
    13% 1 Year
    09 Nov 2019
    19.11
    3.7% 5 Year
    10 Nov 2014
    13.60
    45.7% 10 Year
    12 Nov 2004
    11.40
    73.9% 20 Year
    USD/MXN historic rates & change to 07-Nov-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$ 19.80
    $ 5 Mex$ 99.00
    $ 10 Mex$ 198.00
    $ 20 Mex$ 396.00
    $ 50 Mex$ 990.00
    $ 100 Mex$ 1,980
    $ 250 Mex$ 4,950
    $ 500 Mex$ 9,900
    $ 1,000 Mex$ 19,800
    $ 2,000 Mex$ 39,600
    $ 5,000 Mex$ 99,000
    $ 10,000 Mex$ 198,000
    $ 20,000 Mex$ 396,000
    $ 50,000 Mex$ 990,000
    $ 100,000 Mex$ 1,980,000
    USD MXN
    $ 0.0505 Mex$ 1
    $ 0.2525 Mex$ 5
    $ 0.5049 Mex$ 10
    $ 1.0099 Mex$ 20
    $ 2.5247 Mex$ 50
    $ 5.0493 Mex$ 100
    $ 12.62 Mex$ 250
    $ 25.25 Mex$ 500
    $ 50.49 Mex$ 1,000
    $ 100.99 Mex$ 2,000
    $ 252.47 Mex$ 5,000
    $ 504.93 Mex$ 10,000
    $ 1,010 Mex$ 20,000
    $ 2,525 Mex$ 50,000
    $ 5,049 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

     

    The recent surge of the US dollar (USD) against the Mexican peso (MXN) has been notably influenced by Donald Trump's electoral victory, which has reinvigorated expectations of a pro-business environment that could lead to stronger US economic growth and heightened inflationary pressures. FX analysts report that the expectation of sustained higher interest rates from the Federal Reserve is providing additional strength to the dollar, pushing it to levels not seen in over a year. Current USD to MXN trading at 20.09 represents a 2.8% increase above the three-month average and reflects a volatile trading range of 8.9%, highlighting the uncertainty in the market.

    Read our full review of recent USD to MXN forecasts.

     
    USD to MXN flags

    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.

    Read our Currency guide to Mexico - a practical currency and money guide to travel, living and doing business in Mexico with the Mexican peso.

    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.

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    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.

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

     
     

    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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