US Dollar to Mexican Peso Conversion
Get the latest USD to MXN exchange rate
1 USD = 17.20 MXN
Current Exchange Rate (Live)
1,720.00 MXN
100.00 USD equals
Exchange Rate: 1 USD = 17.20 MXN
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Real-time USD to MXN exchange rates for Mexico travel
Quick USD to MXN Conversion Table
Common US Dollar to Mexican Peso conversions at current rates:
| US Dollars (USD) | Mexican Pesos (MXN) |
|---|---|
| $1 USD | $17.20 MXN |
| $5 USD | $86.00 MXN |
| $10 USD | $172.00 MXN |
| $20 USD | $344.00 MXN |
| $50 USD | $860.00 MXN |
| $100 USD | $1,720.00 MXN |
| $200 USD | $3,440.00 MXN |
| $500 USD | $8,600.00 MXN |
| $1,000 USD | $17,200.00 MXN |
| $5,000 USD | $86,000.00 MXN |
About USD to MXN Conversion
The USD to MXN exchange rate represents how many Mexican Pesos you receive for each US Dollar. This is one of the most important currency pairs for North American trade and travel, particularly for Americans visiting Mexico or sending remittances.
Our USD to MXN converter uses live mid-market exchange rates updated hourly, giving you reliable conversions between US Dollars and Mexican Pesos. Whether you're planning a vacation to Cancun, Puerto Vallarta, or Mexico City, sending money to family, or conducting business, this tool provides current USD/MXN rates.
Current USD to MXN Trends (2026)
The Mexican Peso has shown notable volatility against the US Dollar in recent years. Key factors affecting the USD/MXN rate include:
- US Federal Reserve Policy: Interest rate changes significantly impact Dollar strength
- Banco de México Policy: Mexico's central bank monetary decisions
- Oil Prices: Mexico is an oil exporter; higher prices strengthen the Peso
- Trade Relations: USMCA (formerly NAFTA) trade policies affect the exchange rate
- Remittances: Money sent from US to Mexico is significant for demand
- Tourism: American tourism to Mexico drives Dollar-to-Peso exchange volume
Historical USD/MXN Exchange Rate
The Peso has experienced significant fluctuations over the decades:
- 1993: Mexican Peso redenomination (old Peso at ~3,000 per USD)
- 2008: Global financial crisis pushed rate to ~15 MXN per USD
- 2016-2017: US election volatility drove Peso to 22 MXN per USD
- 2020: COVID-19 pandemic caused spikes to 25 MXN per USD
- 2021-2023: Peso strengthened to 16-18 MXN per USD range
- 2026: Current rate typically around 17-18 MXN per USD
Best Ways to Exchange USD to MXN
For travelers and those sending money to Mexico, here are the best options:
- ATMs in Mexico (Best Option): Use your debit card at Mexican ATMs with banks like BBVA, Santander, or Banorte. Choose a card with no foreign transaction fees. Typically get rates within 1-2% of mid-market.
- Casas de Cambio in Mexico: Currency exchange offices in Mexican cities offer competitive rates (2-4% markup). Better than US options.
- Online Transfer Services: Wise, Remitly, Xoom, or Western Union offer 1-3% markups for remittances. Good for sending money to family.
- Credit Cards with No Foreign Fees: Using cards for purchases in Mexico can provide competitive rates (2-3% markup).
- Avoid These: Airport kiosks (8-12% markup), US banks before traveling (5-8% markup), hotels (10-15% markup).
Tips for Getting the Best USD to MXN Rate
- Exchange in Mexico, Not the US: Always get better rates in Mexico than at US banks or airports
- Bring Some USD Cash: Small amounts of cash useful for tips and small purchases; exchange at casas de cambio
- Use ATMs Wisely: Withdraw larger amounts less frequently to minimize ATM fees
- Decline Dynamic Currency Conversion: Always choose to be charged in Pesos (MXN), not Dollars
- Monitor the Rate: If planning a big trip or transfer, watch the rate for a few weeks
- Compare Transfer Services: For remittances, compare Wise, Remitly, and Xoom rates before sending
USD to MXN for Common Mexico Travel Expenses
Understanding costs in both currencies helps budget for your Mexico trip:
- Nice Dinner: $30-50 USD = 516-860 MXN
- Hotel Per Night: $80-150 USD = 1,376-2,580 MXN
- Taxi/Uber Ride: $5-15 USD = 86-258 MXN
- Beach Day All-Inclusive: $50-100 USD = 860-1,720 MXN
- Souvenirs: $10-30 USD = 172-516 MXN
- Tips (15-20%): Calculate from bill in Pesos or round up USD
USD to MXN Converter - Frequently Asked Questions
What is the current USD to MXN exchange rate?
The current USD to MXN exchange rate fluctuates throughout the day. Use our converter above for the latest real-time rate, updated hourly. As of today, 1 USD typically equals approximately 17-18 MXN, but check the live rate for accuracy.
How much is 100 USD in Mexican Pesos?
At the current exchange rate of approximately 17.20 MXN per USD, 100 US Dollars equals about 1,720 Mexican Pesos. Use the converter above for the exact amount based on today's live rate.
How much is 1000 USD in MXN?
1000 US Dollars converts to approximately 17,200 Mexican Pesos at the current rate (1 USD = 17.20 MXN). The exact amount varies based on the real-time exchange rate.
Is it better to exchange USD to MXN in the US or Mexico?
It's significantly better to exchange USD to MXN in Mexico. US banks and currency exchanges typically charge 5-8% worse rates than you'll find in Mexico. The best strategy: bring USD cash and use ATMs in Mexico with a debit card that has no foreign transaction fees, or visit casas de cambio in Mexican cities.
Where can I get the best USD to MXN exchange rate?
The best USD to MXN rates are typically found at: (1) ATMs in Mexico using debit cards with no foreign fees (1-2% markup), (2) Mexican casas de cambio in cities (2-4% markup), (3) Online services like Wise or Remitly for transfers (1-3% markup). Avoid airport exchanges (8-12% markup), US banks (5-8% markup), and hotels (10-15% markup).
What affects the USD to MXN exchange rate?
Key factors include: Federal Reserve and Banco de México interest rate decisions, US and Mexican economic growth (GDP), inflation rates, oil prices (Mexico is an oil exporter), trade relations under USMCA, remittance flows from the US to Mexico, tourism levels, and political stability in both countries.
Should I bring USD cash or use ATMs in Mexico?
The best strategy is a combination: bring $100-200 USD cash for tips, emergencies, and small exchanges at casas de cambio. For larger amounts, use ATMs in Mexico with a debit card that has no foreign transaction fees (like Charles Schwab, Fidelity, or some credit union cards). This gets you the best rates with minimal fees.
What is Dynamic Currency Conversion and should I avoid it?
Dynamic Currency Conversion (DCC) is when a Mexican merchant or ATM offers to charge you in US Dollars instead of Mexican Pesos. Always decline this and choose to pay in MXN (Mexican Pesos). DCC rates typically include 5-10% hidden markups, making your purchase significantly more expensive.
How do I send money from the US to Mexico?
For remittances, compare these services: Wise (formerly TransferWise), Remitly, Xoom (PayPal), Western Union, and MoneyGram. Wise typically offers the best rates (0.5-2% markup), while traditional services may charge 3-7%. Check both the exchange rate markup and transfer fees before sending.
Is the Mexican Peso getting stronger or weaker?
The Peso's strength fluctuates based on economic conditions. After weakening to 25 MXN per USD during COVID-19 (2020), it strengthened to the 16-18 range by 2023-2026. Monitor economic news, central bank decisions, and oil prices for trends. For travel or remittances, don't try to time the market perfectly—exchange when you need to.
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