MXN to USD — Mexican Peso to US Dollar Converter
Convert Mexican pesos to US dollars at the live mid-market rate
About Mexican Peso to US Dollar Conversion
The Mexican peso (MXN) is the third most traded currency in the Americas and ranks among the top 15 globally by daily turnover. Its exchange rate against the US dollar matters to millions of people — from Mexican workers sending remittances home, to American retirees living in cities like San Miguel de Allende and Puerto Vallarta.
Banxico (Banco de Mexico) sets the overnight interest rate that influences the peso's value. When Banxico maintains high rates relative to the Federal Reserve, the peso tends to strengthen because investors earn a higher yield on peso-denominated assets. Trade flows under the USMCA agreement and oil revenue also play a role, since Mexico is one of the top crude exporters to the United States.
If you need to convert pesos back to dollars — whether from a trip, a freelance payment, or a property sale — comparing rates across multiple providers before converting will almost always save you money. The mid-market rate shown on this page is your benchmark; the closer a provider's rate is to that number, the better the deal.
Frequently Asked Questions
How many US dollars is 1,000 Mexican pesos?
The exact amount changes with the live exchange rate. Use the converter at the top of this page to see the current value of 1,000 MXN in USD. As a rough guide, 1,000 pesos has ranged between roughly $50 and $60 USD over the past year.
Why is the MXN to USD rate different from the USD to MXN rate?
They are inverse rates. If 1 USD equals 17 MXN, then 1 MXN equals roughly 0.0588 USD (1 divided by 17). Our converter handles the math automatically in both directions.
Where can I convert pesos back to dollars?
Banks, currency exchange houses (casas de cambio), and online transfer services all offer MXN to USD conversion. Online services generally offer better rates than physical exchange counters, especially for larger amounts.