What is the
Fifth Third Bank Send Money conversion rate for USD to MXN?
The Fifth Third Bank USD to MXN exchange rate is 17.6. This is -8.1% compared to the latest USD-MXN mid-market rate 19.15.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Mexican peso (MXN) rates from different sources before making a conversion.
The above
Fifth Third Bank - Dollar to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Fifth Third Bank and other foreign exchange providers against the latest USD-MXN mid-rate and the possible savings of using various providers.
How do Fifth Third Bank USD-MXN rates compare between providers?
Looking at the
full comparison table
the best USD to MXN exchange rate is 19.05 from OFX, -0.52% from the mid-market rate 19.15. The next best rate is 19.03 from XE, -0.63% from the mid-rate. Then Wise with 19.03 is -0.63% from the mid-rate.
The Western Union rate is 18.96 which is -0.99% from the mid-rate.
Among the banks the Chase Bank rate is 17.71 at -7.5% the Wells Fargo Bank rate is 17.6 at -8.1% and the Citibank rate is 18.48 at -3.5% compared to the mid-rate 19.15.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Fifth Third Bank 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.
Compare USD to MXN Transfer Rates