🇲🇽 MXN to 🇪🇺 EUR — Convert Mexican Peso to Euro
1 Mexican Peso = 0.0498 Euro
MXN/EUR Exchange Rate History
🇲🇽 MXN to 🇪🇺 EUR Conversion Table
| Mexican Peso (MXN) | Euro (EUR) |
|---|---|
| Mex$1 | €0.0498 |
| Mex$5 | €0.2490 |
| Mex$10 | €0.4980 |
| Mex$25 | €1.2451 |
| Mex$50 | €2.4902 |
| Mex$100 | €4.9805 |
| Mex$500 | €24.9024 |
| Mex$1,000 | €49.8047 |
| Mex$5,000 | €249.0236 |
| Mex$10,000 | €498.0473 |
MXN/EUR 30-Day Market Statistics
Over the past 30 days, the Mexican Peso to Euro exchange rate has risen by 0.6061%, moving from 0.0495 to 0.0498. It traded between a low of 0.0494 on May 29 and a high of 0.0498 on May 14, averaging 0.0497. With a high-to-low spread of 0.8056%, the pair has been very 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 Euro (EUR)
The Euro is the official currency of 20 of the 27 European Union member states, collectively known as the eurozone, and is used by over 340 million people. It is the second most held reserve currency after the US Dollar.
Issuing authority: European Central Bank (ECB), based in Frankfurt.
What Moves the MXN/EUR Exchange Rate?
The MXN to EUR 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.
Euro (EUR): ECB monetary policy, eurozone inflation and growth figures, the economic health of large members like Germany and France, and political stability across the bloc.
When demand for the Mexican Peso rises relative to the Euro, the MXN/EUR rate increases, meaning each MXN buys more EUR. The opposite happens when the Euro strengthens.
How to Convert MXN to EUR
- Enter the amount of MXN you want to convert in the converter above.
- The equivalent in EUR is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (EUR 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 EUR
Getting a rate close to the mid-market rate above can save you money, especially on larger Mexican Peso to Euro 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.