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
USD/MXN bearish-to-range-bound, drifting toward the lower end of the 3m range and below the 90-day avg. Fed nears neutral with 2026 cuts; Banxico stays high, narrowing the gap and keeping USD pressure. Tariffs risk on MXN adds policy risk.
Key drivers
- Rate gap: The US Fed is expected to move toward a neutral stance with cuts in 2026, while Banxico keeps rates at a high level, narrowing the policy gap and maintaining USD support.
- Trade policy: Mexico's tariffs on imports from China and other non-FTA countries could affect inflation and trade, adding policy risk for MXN.
Range
Expect a drift within the recent three-month range, with a tendency to hold near the lower end.
What could change it
- Upside risk: hawkish signals from US policy makers or stronger US data that sustain higher USD demand.
- Downside risk: softer US data or a dovish shift by the Fed that weakens USD and supports 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 17.73 from OFX . This is -0.51% compared to the mid-market rate 17.82.
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 17.73, -0.51% from the latest mid-market rate 17.82.
The next best is XE at 17.71, -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.