🇲🇽 MXN to 🇧🇷 BRL — Convert Mexican Peso to Brazilian Real
1 Mexican Peso = 0.2934 Brazilian Real
MXN/BRL Exchange Rate History
🇲🇽 MXN to 🇧🇷 BRL Conversion Table
| Mexican Peso (MXN) | Brazilian Real (BRL) |
|---|---|
| Mex$1 | R$0.2934 |
| Mex$5 | R$1.4669 |
| Mex$10 | R$2.9339 |
| Mex$25 | R$7.3347 |
| Mex$50 | R$14.6693 |
| Mex$100 | R$29.3386 |
| Mex$500 | R$146.6931 |
| Mex$1,000 | R$293.3862 |
| Mex$5,000 | R$1,466.93 |
| Mex$10,000 | R$2,933.86 |
MXN/BRL 30-Day Market Statistics
Over the past 30 days, the Mexican Peso to Brazilian Real exchange rate has fallen by 1.0789%, moving from 0.2966 to 0.2934. It traded between a low of 0.2928 on Jul 9 and a high of 0.2989 on Jul 2, averaging 0.2960. With a high-to-low spread of 2.0609%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇲🇽 About the Mexican Peso (MXN)
The Mexican Peso is the most traded currency in Latin America and a popular emerging-market currency for carry trades thanks to relatively high interest rates. Its economy is deeply integrated with the United States.
Issuing authority: Bank of Mexico (Banco de México).
🇧🇷 About the Brazilian Real (BRL)
The Brazilian Real is the currency of Latin America's largest economy. As a major commodity exporter, the Real is closely tied to global prices for soybeans, iron ore, oil, and coffee.
Issuing authority: Central Bank of Brazil (Banco Central do Brasil).
What Moves the MXN/BRL Exchange Rate?
The MXN to BRL rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Mexican Peso (MXN): Trade and manufacturing ties to the US, Banxico's high interest rates, oil revenue, and remittance inflows.
Brazilian Real (BRL): Commodity export prices, Brazil's high benchmark Selic interest rate, fiscal policy, and global appetite for emerging-market assets.
When demand for the Mexican Peso rises relative to the Brazilian Real, the MXN/BRL rate increases, meaning each MXN buys more BRL. The opposite happens when the Brazilian Real strengthens.
How to Convert MXN to BRL
- Enter the amount of MXN you want to convert in the converter above.
- The equivalent in BRL is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (BRL to MXN).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange MXN to BRL
Getting a rate close to the mid-market rate above can save you money, especially on larger Mexican Peso to Brazilian Real amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Maintained by the ExchangeConvert editorial team. Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our methodology and Terms of Service.