USD to MXN — US Dollar to Mexican Peso Converter
Convert dollars to pesos at the live mid-market rate. Free, accurate and updated every time you load the page.
The US dollar to Mexican peso exchange rate is one of the most watched currency pairs in the world. Every day, travelers, freelancers, expats and families moving money across the border need to know exactly how many pesos they get for their dollars — and how much of that rate is eaten up by hidden fees.
This page gives you the live USD/MXN rate from the same data feeds used by banks and financial newsrooms, plus conversion tables, historical charts, and a clear comparison of the cheapest ways to send money to Mexico. There is no sign-up, no tracking, and no markup on the rate we display.
USD/MXN — 30 Day Trend
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Today's USD to MXN Rate Summary
Today's Rate
30-Day Range
30-Day Change
The USD/MXN rate reflects the latest mid-market price and shifts throughout the trading day based on supply and demand. Want to know where the rate might be headed? Check our USD to MXN forecast for short- and medium-term analysis.
Popular USD to MXN Conversions
Quick-access pages for the most common dollar amounts people convert to Mexican pesos. Each page shows the live conversion, nearby amounts, and context for that specific sum.
USD to MXN Conversion Table
Standard dollar amounts converted to Mexican pesos at the live mid-market exchange rate. Values update automatically each time you load this page.
| USD | MXN |
|---|---|
| 1 USD | — |
| 3 USD | — |
| 5 USD | — |
| 7 USD | — |
| 10 USD | — |
| 15 USD | — |
| 20 USD | — |
| 25 USD | — |
| 30 USD | — |
| 40 USD | — |
| 50 USD | — |
| 75 USD | — |
| 100 USD | — |
| 150 USD | — |
| 200 USD | — |
| 250 USD | — |
| 300 USD | — |
| 400 USD | — |
| 500 USD | — |
| 750 USD | — |
| 1,000 USD | — |
| 1,500 USD | — |
| 2,000 USD | — |
| 2,500 USD | — |
| 3,000 USD | — |
| 5,000 USD | — |
| 7,500 USD | — |
| 10,000 USD | — |
| 15,000 USD | — |
| 20,000 USD | — |
| 25,000 USD | — |
| 50,000 USD | — |
| 100,000 USD | — |
Need a specific amount not listed above? Use our USD to MXN calculator for any custom value.
Understanding the US Dollar to Mexican Peso Exchange Rate
The rate you see on this page is the mid-market rate — the midpoint between the buy and sell prices on global currency markets. It is the same rate banks and large institutions use when they trade with each other, and it is the fairest benchmark for any USD/MXN conversion.
What moves the dollar-to-peso rate? In order of importance: the interest-rate gap between the US Federal Reserve and Banxico, trade flows under the USMCA agreement, remittance volumes (Mexico receives over $60 billion a year from workers in the US), oil prices, and political news. On any given day, one or more of these factors can push the rate up or down by a percent or more.
The peso has historically been one of the more volatile emerging-market currencies, but it has also been one of the strongest carry-trade currencies in recent years because Banxico has kept its policy rate well above the Fed's. That rate differential attracts international capital into peso-denominated bonds, which supports the currency.
For a detailed look at where analysts expect the rate to go over the next 12 months, see our USD to MXN forecast. For the historical perspective — including the 2020 COVID shock and the 2023 “super peso” rally — visit our historical rates page.
How to Get the Best USD to MXN Rate
The exchange rate you actually receive depends heavily on where and how you convert your money. Banks in both the United States and Mexico typically mark up the mid-market rate by 3% to 5%, and some charge an additional flat fee on top. Airport exchange counters are even worse — markups of 7% or more are common, especially at busy terminals in Mexico City or Cancun.
Online money transfer services have changed the equation. Providers like Wise, OFX, and Remitly compete on transparency, publishing their fees upfront and offering rates that sit within 0.5% to 1% of the mid-market price. For large transfers — say, paying rent on a property in Mexico or funding a business account — this difference adds up fast.
If you are traveling rather than transferring, consider using a debit card with no foreign-transaction fee and withdrawing pesos directly from ATMs in Mexico. Citibanamex and HSBC Mexico ATMs tend to offer decent rates. Avoid the “dynamic currency conversion” option that some merchants and ATMs present; always choose to be charged in pesos rather than dollars, or the terminal operator's markup will eat into your exchange rate.
For a side-by-side comparison of transfer services, their fees and typical delivery times, visit our send money to Mexico guide.
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Who Uses a USD to MXN Converter
Travelers & expats
Millions of Americans visit Mexico each year for vacations, retirement, and long-term stays. Knowing the dollar to peso rate helps you budget accurately, avoid overpaying at exchange counters, and spot when a hotel or restaurant is inflating prices.
Remittance senders
The US-to-Mexico remittance corridor is the largest in the world. Workers sending money home to family members check the USD/MXN rate before every transfer to make sure they are getting close to the real rate and not losing money to hidden markups.
Freelancers & businesses
Mexican freelancers paid in US dollars, and US businesses paying Mexican contractors or suppliers, use live USD to MXN conversion to price work, invoice clients, and convert earnings at the right time.
USD to MXN — Frequently Asked Questions
What is the current USD to MXN exchange rate?
The live USD to MXN exchange rate is shown at the top of this page and updates automatically. Mid-market rates fluctuate throughout the trading day based on supply and demand in global currency markets.
How many Mexican pesos is 1 US dollar?
One US dollar typically equals between 16 and 20 Mexican pesos, depending on the current market. Use the live converter above for the exact amount right now. You can also see a breakdown for 1 USD to MXN.
How often is the exchange rate updated?
Our exchange rates are sourced from open market data and refresh each time you load the page. The forex market operates 24 hours a day, five days a week, so rates can shift at any moment during trading hours.
What is the cheapest way to convert dollars to pesos?
Online money transfer services such as Wise, Remitly, and OFX usually offer rates much closer to the mid-market rate than traditional banks. Comparing fees and exchange rate markups across providers before sending money can save you a significant amount.
Can I get a better rate than my bank offers?
Almost certainly. Banks and airport exchange counters add a markup of 3-5% on top of the mid-market rate. Specialist currency transfer services usually charge far less — often under 1% — making them a better option for most conversions.
Is it better to exchange money before traveling to Mexico?
For most travelers, withdrawing pesos from an ATM in Mexico using a no-foreign-transaction-fee debit card gives the best rate. If you prefer cash in hand before departure, ordering pesos online from a currency broker tends to beat the airport kiosk rate by a wide margin.
What affects the USD to MXN exchange rate?
The main drivers are interest rate differentials between the US Federal Reserve and Banxico, trade flows under the USMCA agreement, remittance volumes from the US to Mexico, and global risk sentiment. Oil prices also influence the peso because Mexico is a major crude exporter.
Is the USD to MXN rate the same as MXN to USD?
They are inverse rates. If 1 USD equals 17 MXN, then 1 MXN equals about 0.0588 USD (1 ÷ 17). If you need the opposite direction, use our MXN to USD converter.
Can I see historical USD to MXN exchange rates?
Yes. Our USD to MXN history page has interactive charts going back 5 years, sourced from European Central Bank reference data via the Frankfurter API.