Mexican Peso to US Dollar (MXN/USD) Exchange Rate Today
Sending moneyThe rate millions of cross-border families check every week. See if today's is better or worse than usual.
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MXN to USD Conversion Table
Common amounts converted from Mexican Peso to US Dollar at today's rate.
| Mexican Peso (MXN) | US Dollar (USD) |
|---|---|
| 1 MXN | — |
| 5 MXN | — |
| 10 MXN | — |
| 25 MXN | — |
| 50 MXN | — |
| 100 MXN | — |
| 250 MXN | — |
| 500 MXN | — |
| 1,000 MXN | — |
| 5,000 MXN | — |
| 10,000 MXN | — |
| 50,000 MXN | — |
How much US Dollar will you actually receive?
Estimated cost to convert MXN 1,000 to USD with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | USD received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare MXN to USD providers
The MXN/USD corridor handles significant transfer volume. If you send money regularly between Mexican Peso and US Dollar, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
MXN/USD rate statistics
Is today's MXN/USD rate good or bad?
We compare today's live Mexican Peso to US Dollar mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, MXN holders get more US Dollar per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The US-Mexico corridor is one of the world's largest remittance and trade flows, handling over $60 billion annually in remittances alone. Banxico's high interest rates have made MXN attractive for carry trades, supporting the peso in recent years.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the MXN/USD exchange rate?
The MXN/USD rate tracks how many US Dollar one Mexican Peso buys. One of the most traded emerging-market pairs, USD/MXN is heavily influenced by cross-border remittances (over $60 billion annually), USMCA trade flows, and Banxico's interest rate decisions.
MXN is issued by the Banco de México (Banxico) (ranked 12th globally - meaning it's the 12th most bought and sold currency in the world). USD is issued by the Federal Reserve (ranked 1st). Full MXN profile | Full USD profile
Mexican Peso to US Dollar is widely checked by US-Mexico cross-border workers and travellers visiting Mexico.
What drives this rate? Banxico (Bank of Mexico) interest rate decisions, oil prices, US-Mexico trade flows, and broad risk sentiment toward emerging markets. Remittance flows from the US also provide structural MXN demand.
Is today's MXN/USD rate good or bad?
The Mexican Peso to US Dollar mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The MXN/USD corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Mexican Peso to US Dollar? Read this first
Sending money to Mexico? The US-Mexico remittance corridor handles $60+ billion annually. Many services compete for this market, so rates are often competitive. Compare the delivered amount, not just the rate.
Watch out: Banks typically charge 3-5% on MXN to USD transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- The Mexican peso is the most traded currency in Latin America, handling more daily volume than all other Latin American currencies combined.
- About 80% of all US $100 bills are held overseas, primarily in countries with unstable local currencies.
Frequently asked questions
Is now a good time to convert MXN to USD?
Timing currency conversions depends on your personal circumstances and cash flow needs rather than market prediction. The MXN/USD rate fluctuates based on interest rate differentials between the Federal Reserve and Banxico, oil prices, and Mexico's trade data - all factors you can track but not forecast reliably.
Check the rate panel above to see current pricing, then compare it against your historical conversion costs and your actual need for USD funds to make an informed decision.
What moves the MXN/USD exchange rate?
The Mexican Peso weakens or strengthens against the US Dollar primarily through interest rate decisions by the Federal Reserve and Banxico, crude oil prices (Mexico is an oil exporter), and US-Mexico trade flows. Political stability, capital flows into Mexican assets, and global risk sentiment also shift this pair significantly.
The chart above shows how these forces have moved MXN/USD over time, giving you context for what influences this specific remittance corridor.
Will Mexican Peso get stronger or weaker against US Dollar?
Currency direction cannot be reliably predicted, and statements about future strength or weakness are speculation rather than fact. Historical data shows the peso has experienced both multi-year trends and sharp reversals based on central bank policy shifts, oil market shocks, and capital flows.
The best approach is to monitor the economic calendar for Banxico and Federal Reserve announcements, track oil prices, and review the comparison table on this page to understand recent movement patterns.
How can I avoid fees when converting MXN to USD?
Fees vary significantly by provider, remittance method, and transfer size. Banks typically charge higher fees than online transfer services, which can range from flat amounts to percentage markups on top of the mid-market rate shown in the rate panel above.
Compare total costs (not just exchange rate) across multiple providers like traditional banks, fintech platforms, and remittance specialists before sending - the cheapest rate isn't always the best deal once fees are included.
Should I exchange US Dollar at home or abroad?
This depends on whether you're planning a trip or managing a remittance. For remittances from Mexico to the US, exchanging in Mexico before traveling is usually more expensive than exchanging in the United States; however, remittance-specific services often offer better rates than either option.
Check the rate panel to understand the current mid-market price, then request quotes from banks and remittance providers in both countries to compare all-in costs before deciding.
How far does Mexican Peso go in the United States?
The Mexican Peso has limited direct purchasing power in the United States - most US merchants do not accept pesos, so you must convert to USD first. The comparison table on this page shows how much USD you receive per peso converted.
Cost of living varies widely by US region and city, so the real question is how much USD you'll have after conversion and whether that amount meets your US expenses.
What is the cheapest way to send MXN to USD?
Online remittance platforms and digital transfer services generally offer lower costs than traditional bank transfers for MXN to USD corridors. However, 'cheapest' depends on your transfer amount, speed requirements, and whether you need the funds in a US bank account or cash.
Request quotes from multiple providers - including your bank, fintech platforms, and remittance specialists - and compare their total cost (exchange rate markup plus fees) rather than rate alone.
Does M. Lhuillier exchange dollars to pesos?
M. Lhuillier is primarily a pawn shop and financial services network in Mexico, and their currency exchange services are available but not their main business.
If you're considering them for MXN to USD conversion, compare their rates and fees against dedicated remittance services and banks using the rate panel above. Their terms, service hours, and available payment methods differ from specialized transfer platforms, so verify current offerings before relying on them for your conversion.
How much is $5000 pesos in US dollars?
Rather than stating a specific number that will quickly become outdated, check the rate panel at the top of this page to convert 5000 MXN to USD at current mid-market rates. Keep in mind that banks and remittance services will charge fees and apply their own markup, so your actual USD received will be lower than the mid-market conversion shown.
Use the comparison table on this page to see what different providers would actually give you for that amount.
What is a good exchange rate for USD to Mexican pesos?
A 'good' rate is relative to historical norms and your personal circumstances. The chart above shows historical MXN/USD pricing so you can see whether the current rate is near recent highs, lows, or averages.
When converting, remember that the mid-market rate shown in the rate panel is better than what banks and remittance services will offer you - they apply markups to make their profit. Compare quotes from multiple providers to find the best available rate for your specific situation.
How much is $1000 pesos in US dollars today?
For a current conversion of 1000 MXN to USD, refer to the rate panel at the top of this page, which updates continuously with live mid-market prices. The amount you actually receive will be lower due to exchange rate markups and fees charged by your bank or remittance provider.
Use the comparison tool on this page to see what different services would actually pay you for that 1000 peso amount.
Is now a good time to get USD?
Determining timing requires understanding your actual need for USD funds - do you need it for imminent expenses, or can you wait? The rate panel above shows the current MXN/USD rate and the chart shows recent history, but neither tells you whether to convert now or later.
Review Banxico and Federal Reserve economic calendars to see upcoming events that might influence the rate, then decide based on your cash flow needs rather than trying to time a market bottom or top.
Learn more
- Banxico - Exchange Rates - Official Banco de Mexico daily rates
- World Bank - US to Mexico Remittance Costs - Compare what providers charge for this corridor
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.