Mexican Peso to US Dollar exchange rate

As of 2026-08-25, 1 Mexican Peso equals 0.059008 US Dollar at the mid-market exchange rate. This is the fairest reference rate — the midpoint between what buyers and sellers are paying on global currency markets.

Students, remote workers, and expatriates moving between Mexico and the United States use this pair to budget tuition, rent, and everyday expenses.

Mexican Peso (MXN, MX$): The Mexican Peso is the most traded currency from Latin America and reflects US–Mexico trade flows. It is the official currency of Mexico.

US Dollar (USD, $): The US Dollar is the world's primary reserve currency and the most traded currency on global foreign-exchange markets. It is used in the United States.

Exchange rates respond to interest-rate decisions by central banks such as Banco de México and Federal Reserve, inflation data, trade balances, and geopolitical events.

For MXN/USD specifically, shifts in capital flows between Mexico and the United States, changes in commodity prices, and differences in economic growth rates all contribute to daily rate movements.

Over the past 30 days, MXN/USD traded between 0.057193 and 0.059108, with the pair gaining 3.17% overall. The current rate of 0.059008 sits above the 30-day midpoint of 0.058151.

Historical context helps you judge whether today's rate is relatively strong or weak, but past performance does not predict future movements. Always compare the rate you are offered against the mid-market figure shown here.

Banks and card providers typically add a 1–4% margin on top of the mid-market rate shown on this page, plus fixed transfer fees. Before exchanging MXN for USD, compare the final amount you will receive — not just the headline rate.

For larger amounts, specialist money-transfer services often beat bank rates. For travel, prepaid multi-currency cards or local ATMs may offer competitive rates depending on your bank's foreign-transaction fees. Read our mid-market rate guide and cheapest-exchange checklist before you convert.