🇲🇽 MXN to 🇺🇸 USD — Convert Mexican Peso to US Dollar
1 Mexican Peso = 0.0577 US Dollar
MXN/USD Exchange Rate History
🇲🇽 MXN to 🇺🇸 USD Conversion Table
| Mexican Peso (MXN) | US Dollar (USD) |
|---|---|
| Mex$1 | $0.0577 |
| Mex$5 | $0.2883 |
| Mex$10 | $0.5766 |
| Mex$25 | $1.4414 |
| Mex$50 | $2.8828 |
| Mex$100 | $5.7656 |
| Mex$500 | $28.8282 |
| Mex$1,000 | $57.6565 |
| Mex$5,000 | $288.2825 |
| Mex$10,000 | $576.5649 |
MXN/USD 30-Day Market Statistics
Over the past 30 days, the Mexican Peso to US Dollar exchange rate has risen by 1.2259%, moving from 0.0571 to 0.0578. It traded between a low of 0.0571 on Apr 29 and a high of 0.0582 on May 8, averaging 0.0577. With a high-to-low spread of 1.9053%, 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 US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
What Moves the MXN/USD Exchange Rate?
The MXN to USD 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.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
When demand for the Mexican Peso rises relative to the US Dollar, the MXN/USD rate increases, meaning each MXN buys more USD. The opposite happens when the US Dollar strengthens.
90-Day MXN/USD Trend Analysis
Looking at a longer 90-day window, the Mexican Peso to US Dollar rate has fallen by 0.3448%, ranging from a low of 0.0551 (Mar 29) to a high of 0.0582 (May 8), with an average of 0.0571. The current rate of 0.0577 sits above the 90-day average, which suggests recent strength in the Mexican Peso.
Comparing the 30-day spread of 1.9053% with the 90-day spread of 5.4337% gives a sense of whether the pair has become calmer or more turbulent recently. For larger conversions, tracking these ranges over a few weeks can help you choose a more favourable moment to exchange.
How to Convert MXN to USD
- Enter the amount of MXN you want to convert in the converter above.
- The equivalent in USD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (USD 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 USD
Getting a rate close to the mid-market rate above can save you money, especially on larger Mexican Peso to US Dollar 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.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.