The Chase Bank USD to MXN rate is 18.06. This is -7.5% below the mid-rate. Compare Chase Bank currency conversion rates - Reduce FX costs.
The Chase Bank USD to MXN exchange rate is 18.06. This is -7.5% compared to the latest USD-MXN mid-market rate 19.52.
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.
Looking at our comparison table the best USD to MXN exchange rate is 19.42 from OFX, -0.51% from the mid-market rate 19.52. The next best rate is 19.4 from XE, -0.61% from the mid-rate. Then Wise with 19.39 is -0.67% from the mid-rate.
The Western Union rate is 19.33 which is -0.97% from the mid-rate.
Among the banks, the Chase Bank rate is 18.06 at -7.5%, the Wells Fargo Bank rate is 17.94 at -8.1%, and the Citibank rate is 18.84 at -3.5% compared to the mid-rate 19.52.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Chase 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.
The Chase Bank Dollar to Peso comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Chase Bank and other foreign exchange providers against the latest USD-MXN mid-rate (see Market Data below ) and the possible savings of using various providers.
Chase Bank, the consumer banking subsidiary of JPMorgan Chase, is headquartered in New York and is one of the Big Four banks in the United States.
Chase has nearly 5,000 branches in the US as well as 16,000 ATMs and operates in 100 countries. Half of all households in the United States are Chase customers.
Sending or receiving international transfers to or from your Chase bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
Chase Bank offers several products that may charge these foreign exchange fees, including:
When sending money abroad, Chase Bank allows you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
US dollar (USD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/MXN | Change | Period |
|---|---|---|---|
14 Apr 2025 | 20.10 | 2.8% ▼ | 2 Week |
28 Jan 2025 | 20.55 | 4.9% ▼ | 3 Month |
28 Apr 2024 | 17.17 | 13.8% ▲ | 1 Year |
29 Apr 2020 | 23.76 | 17.8% ▼ | 5 Year |
01 May 2015 | 15.50 | 26.1% ▲ | 10 Year |
03 May 2005 | 11.03 | 77.2% ▲ | 20 Year |
Here are some popular conversion amounts for USD to MXN (US dollar to Mexican peso)*.
| USD | MXN |
|---|---|
| $ 51.23 | Mex$ 1,000 |
| $ 256.14 | Mex$ 5,000 |
| $ 1,025 | Mex$ 20,000 |
| $ 5,123 | 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.
Recent forecasts for the USD to MXN exchange rate indicate a complex intersection of economic data releases, geopolitical developments, and trade tensions. The US dollar has seen some firmness, especially in light of reports suggesting a potential de-escalation of the US-China trade war. Analysts note that positive developments in these relations could bolster the USD, while upcoming US economic data will be crucial for its trajectory. A weak economic performance could lead to a pronounced drop in the dollar's value.
Read our full review of recent USD to MXN forecasts.
There are several ways to save on exchange rates when converting US dollar to Mexican peso:
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 in Mexico plus living and doing business 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.
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.
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
| United States (USD) | Mexico (MXN) |
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
News2025-04-08
The Mexican peso's outlook for 2025 is clouded by potential U.S. tariffs and economic policies, with forecasts indicating possible depreciation against the U.S. dollar.
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
Further reading on the Mexican peso (MXN) - Guides, Reviews & News from our research team.
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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