US Dollar to Mexican Peso exchange rate

As of 2026-07-08, 1 US Dollar equals 17.4913 Mexican Peso 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.

Mexico is the United States' largest trading partner. USD/MXN is driven by remittances, nearshoring investment, and the interest-rate gap between the Fed and Banxico.

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 the official currency of the United States.

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

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

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

Over the past 30 days, USD/MXN traded between 17.1673 and 17.6061, with the pair gaining 0.23% overall. The current rate of 17.4913 sits above the 30-day midpoint of 17.3867.

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 USD for MXN, 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.