The comparison table above helps you see the total cost of your 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’.
USD to MXN Market Data
US dollar (USD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bearish-to-range-bound, USD/MXN is below its 90-day average and sits in the lower half of the three-month range as traders digest policy signals.
Bias: Range-bound, as USDJPY sits above its 90-day average and near the upper end of the 3-month range, but policy signals are mixed due to diverging central bank paths.
Bias
Bearish-to-range-bound; USD/MXN below its 90-day avg and in the lower half of the 3-month range as policy signals are digested.
Key drivers
- Rate gap: The US Fed is expected to cut rates toward a neutral stance in 2026, while Banxico has kept its rate unchanged, widening the policy gap that supports the dollar.
- Macro factor: Banks project Mexico's GDP to grow about 1.3% in 2026, with the peso expected to weaken toward year-end.
- Trade policy: Tariffs up to 50% on imports from China and other non-FTA countries lift costs for some goods and weigh on the peso.
Range
Expect the pair to drift near the lower end of the range, with occasional tests of the bottom but no clear break.
What could change it
- Upside risk: A stronger US jobs report or a hawkish Fed tone that lifts dollar demand.
- Downside risk: An unexpected Banxico rate cut or better Mexico data that strengthens MXN
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USD to MXN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to MXN?
The best USD to MXN exchange rate is 17.7 from OFX . This is -0.51% compared to the mid-market rate 17.79.
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
Dollar to Peso comparison table
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 and the possible savings of using various providers.
How do USD-MXN rates compare between providers?
Looking at the full
USD to MXN - Send Money comparison table the provider with the best USD to MXN exchange rate is OFX at 17.7, -0.51% from the latest mid-market rate 17.79.
The next best is XE at 17.68, -0.62% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.