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    Best USD to MXN Exchange Rates Compared Live

    The best USD to MXN exchange rate is 18.31. 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/MXN faces mixed signals as falling US retail sales hint at economic slowdown. MXN remains strong on Banxico's rate cuts & oil ties. Key data and geopolitical events ahead could sway USD & MXN further. Stay alert to save on future transactions. #ForexUpdate #USDMXN #MarketInsight

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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 =
    18.31We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    +0.1%
    USD to MXN at 18.43 is 7.8% above its 3-month average of 17.1, having traded in a rather volatile 14.8% range from 16.32 to 18.74
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    Sell USD   →   Buy MXN
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    DateUSD/MXNChangePeriod
    05 Jun 2024
    17.52
    5.2% 2 Week
    21 Mar 2024
    16.74
    10.1% 3 Month
    20 Jun 2023
    17.21
    7.1% 1 Year
    21 Jun 2019
    19.12
    3.6% 5 Year
    22 Jun 2014
    12.99
    41.9% 10 Year
    24 Jun 2004
    11.31
    63% 20 Year
    USD/MXN historic rates & change to 19-Jun-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$ 18.31
    $ 5 Mex$ 91.55
    $ 10 Mex$ 183.10
    $ 20 Mex$ 366.20
    $ 50 Mex$ 915.50
    $ 100 Mex$ 1,831
    $ 250 Mex$ 4,578
    $ 500 Mex$ 9,155
    $ 1,000 Mex$ 18,310
    $ 2,000 Mex$ 36,620
    $ 5,000 Mex$ 91,550
    $ 10,000 Mex$ 183,100
    $ 20,000 Mex$ 366,200
    $ 50,000 Mex$ 915,500
    $ 100,000 Mex$ 1,831,000
    USD MXN
    $ 0.0546 Mex$ 1
    $ 0.2731 Mex$ 5
    $ 0.5463 Mex$ 10
    $ 1.0925 Mex$ 20
    $ 2.7313 Mex$ 50
    $ 5.4625 Mex$ 100
    $ 13.66 Mex$ 250
    $ 27.31 Mex$ 500
    $ 54.63 Mex$ 1,000
    $ 109.25 Mex$ 2,000
    $ 273.13 Mex$ 5,000
    $ 546.25 Mex$ 10,000
    $ 1,093 Mex$ 20,000
    $ 2,731 Mex$ 50,000
    $ 5,463 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 forecasts for the USD to MXN exchange rate show a mixed outlook for both currencies. FX analysts have noted that the US dollar (USD) faced pressure as retail sales data fell below expectations, fueling concerns about a potential slowdown in the US economy. Market participants are closely monitoring upcoming economic reports such as the June payroll and inflation data for further insights on the Federal Reserve's policy decisions. Despite some weaknesses in key economic indicators, the USD remained relatively stable in May as the labor market showed signs of cooling and inflation slowed.

    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.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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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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