Mid-market exchange rate
1 USD = MXN
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Compare US Dollar to Mexican Peso exchange rates and fees before your next money transfer
Last updated 2 hours ago See live results
| Sending 1,000 USD with | Your recipient gets | Exchange rate | Fees |
|---|---|---|---|
 | 18,460.00 MXN Check rates | Remitly USD to MXN rate: 1 USD = 18.4600 MXN | 0 USD |
 | 18,417.10 MXN Check rates | Instarem USD to MXN rate: 1 USD = 18.4171 MXN | 0 USD |
 | 18,391.77 MXN Check rates | XE Money Transfer USD to MXN rate: 1 USD = 18.4100 MXN | 1 USD |
 | 18,371.70 MXN Check rates | Western Union USD to MXN rate: 1 USD = 18.3717 MXN | 0 USD |
 | 18,281.65 MXN Check rates | Wise USD to MXN rate: 1 USD = 18.4637 MXN | 10 USD |
 | 18,230.31 MXN Check rates | OFX USD to MXN rate: 1 USD = 18.2303 MXN | 0 USD |
 | 18,196.60 MXN Check rates | CurrencyFair USD to MXN rate: 1 USD = 18.1966 MXN | 0 USD |
 | 18,054.92 MXN Check rates | WorldRemit USD to MXN rate: 1 USD = 18.0549 MXN | 0 USD |
 | 18,051.92 MXN Check rates | Xoom USD to MXN rate: 1 USD = 18.0519 MXN | 0 USD |
 | 17,549.55 MXN Check rates | Moneycorp USD to MXN rate: 1 USD = 17.9077 MXN | 20 USD |
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Compare for a specific amount, different pay-in and pay-out options, and see transfer speed and Monito Scores on our dedicated comparison page.
Conversion Rates USD/MXN
| 1 USD | 18.462833 MXN |
| 50 USD | 923.141659 MXN |
| 100 USD | 1,846 MXN |
| 200 USD | 3,693 MXN |
| 500 USD | 9,231 MXN |
| 1,000 USD | 18,463 MXN |
| 3,500 USD | 64,620 MXN |
| 5,000 USD | 92,314 MXN |
| 10,000 USD | 184,628 MXN |
| 100,000 USD | 1,846,283 MXN |
Source XE.com | Last updated an hour ago
Conversion Rates MXN/USD
| 1 MXN | 0.054163 USD |
| 500 MXN | 27.081434 USD |
| 1,000 MXN | 54.162868 USD |
| 2,000 MXN | 108.325736 USD |
| 3,000 MXN | 162.488605 USD |
| 5,000 MXN | 270.814341 USD |
| 10,000 MXN | 541.628682 USD |
| 20,000 MXN | 1,083 USD |
| 50,000 MXN | 2,708 USD |
| 100,000 MXN | 5,416 USD |
Source XE.com | Last updated an hour ago
Key facts about USD and MXN
About the US dollar
- Name:
- US dollar
- Symbol:
- $
- Minor unit:
- 1/100 Cent
- Central Bank:
- Federal Reserve Bank
- Countries:
- Ecuador, Guam, Micronesia, Palau, Panama, Zimbabwe, United States, Congo (RDC), El Salvador, Virgin Islands, British, American Samoa, Marshall Islands, Puerto Rico
- Rank in the most traded currencies:
- #1
About the Mexican peso
- Name:
- Mexican peso
- Symbol:
- $
- Minor unit:
- 1/100 Cent
- Central Bank:
- Bank of Mexico
- Country:
- Mexico
- Rank in the most traded currencies:
- #10
What Is a Good Exchange Rate for Pesos?
When you send money from the United States to Mexico with your bank, credit union, or bureaux de change at the airport, they will apply a USD to MXN exchange rate that is weaker than the real market rate. They pocket the difference.
To avoid these hidden costs, Monito recommends you send your US dollars to Mexico with a transparent and trusted international money transfer service. You can read our in-depth reviews to learn more or run a search on our comparison engine to find the best exchange rate for pesos.
Where Is the Best Exchange Rate for Pesos?
From March 2021 to March 2022,Remitlyhas ranked as the cheapest money transfer service from the United States to Mexico with the best exchange rate for pesos.
In this 12-month period,Global66 and Small Worldhave shared second and third place for giving the best exchange rate for pesos. Rates change daily, so stay up to date with Monito's comparison engine.
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Find the best best exchange rate for pesos
US dollars (USD) and Mexican pesos (MXN) exchange rates with other main currencies
| USD | MXN | EUR | GBP | CAD | INR | UYU | MYR | |
|---|---|---|---|---|---|---|---|---|
| 1 USD | 18.4628 | 0.9335 | 0.7889 | 1.3738 | 83.5663 | 39.1411 | 4.7200 | |
| 1 MXN | 0.054163 | 0.050560 | 0.042729 | 0.074408 | 4.5262 | 2.1200 | 0.2557 | |
| 1 EUR | 1.0713 | 19.7785 | 0.8451 | 1.4717 | 89.5213 | 41.9304 | 5.0564 | |
| 1 GBP | 1.2676 | 23.4031 | 1.1833 | 1.7414 | 105.9269 | 49.6145 | 5.9830 | |
| 1 CAD | 0.7279 | 13.4394 | 0.6795 | 0.5743 | 60.8294 | 28.4915 | 3.4358 | |
| 1 INR | 0.011967 | 0.2209 | 0.011171 | 0.009440 | 0.016439 | 0.4684 | 0.056483 | |
| 1 UYU | 0.025549 | 0.4717 | 0.023849 | 0.020155 | 0.035098 | 2.1350 | 0.1206 | |
| 1 MYR | 0.2119 | 3.9116 | 0.1978 | 0.1671 | 0.2911 | 17.7046 | 8.2925 |
Source XE.com | Last updated a few seconds ago
FAQ About Good Exchange Rates for Pesos
What is the best time to exchange dollars to pesos?
This depends on your time frame. Since 1 USD averaged around 20.90 MXN between March 2021 to March 2022, it would be relatively good to exchange dollars for pesos whenever 1 USD is equal to or stronger than this rate.
However, let's say you have a two-year time frame. If you consider that 1 USD peaked at 25.34 MXN in March 2020, then rates in March 2022 may not seem relatively as good.
Where can I get the best exchange rate for pesos?
Between March 2021 to March 2022,Remitlywas the best place to exchange US dollars for pesos. In this 12-month period,Global66 and Small Worldwere the second and third cheapest money transfer services.
Is it better to exchange pesos in US or Mexico?
Regardless of your location in the US or Mexico, banks, credit unions, and airport kiosks will charge you very poor exchange rates and high commission fees. This is why Monito recommends international money transfer specialists instead, which our experts have researched and reviewed extensively.
What is a good exchange rate in Mexico?
To get a good exchange rate in Mexico, first, check the real mid-market exchange rate. This is the true rate you see on Monito, Google, or XE.com. Then, compare your provider's rate to this one. You can run a search on Monito's comparison engine to instantly find dozens of providers and compare their rates and fees.
