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Currency

Convert USD to MXN

US Dollar to Mexican Peso at the live mid-market rate.

⇄
1 USD =

18.3049 MXN

1 USD = 18.3049 MXN · 1 MXN = 0.05463 USD

What you'd get after a provider's margin

Banks and transfer apps rarely give the mid-market rate — tap a typical margin to see the real cost of the markup.

USD/MXN — rate history

▲ 7.42% (30D)
30D high
18.335
30D low
16.9435
30D average
17.614
Latest (ECB)
18.2001

Daily ECB reference rates (business days). For information only.

USD to MXN — common amounts

USDMXN
1 USD18.3049 MXN
5 USD91.5243 MXN
10 USD183.0485 MXN
25 USD457.6213 MXN
50 USD915.2427 MXN
100 USD1,830.49 MXN
500 USD9,152.43 MXN
1,000 USD18,304.85 MXN
5,000 USD91,524.27 MXN

Mid-market reference rate, updated 2026-10-09. For information only, not financial advice — the rate a bank or app gives you may differ.

About converting USD to MXN

This page shows the live mid-market exchange rate between the US Dollar (USD) and the Mexican Peso (MXN). This rate floats, so it can move from day to day with interest rates, inflation, and market sentiment — which is why we refresh it hourly.

Need a different pair or crypto? Use the full currency converter, or convert the other way with MXN to USD.

About the Mexican Peso (MXN)

US–Mexico is the world's single largest remittance corridor — over $60 billion a year — making USD/MXN the most economically consequential rate in Latin America.

The peso trades around the clock with deep liquidity, and its rate against the dollar responds strongly to US policy, trade news, and nearshoring investment flows.

Issued by the Banco de México. The peso floats freely and is the most-traded emerging-market currency.

Who converts dollars to pesos, and what it costs

Mexico is the second largest remittance recipient in the world after India, with more than $60 billion a year sent mainly from the United States. The USD to MXN rate is the rate for a huge population of families, cross-border workers and, increasingly, Mexican freelancers and sellers paid in dollars.

The US–Mexico corridor is the most competitive remittance route anywhere: transfer apps, retail chains and banks compete on rates that sit within about 1% of the mid-market figure, and delivery to a Mexican bank account or a cash pickup is fast. PayPal converts at a 3.5% spread for Mexican accounts; Wise and Payoneer are cheaper for receiving freelance income.

What moves the peso

The peso is one of the most liquid emerging-market currencies, and it moves with US interest rates, oil, and US trade policy toward Mexico. It strengthened notably in 2023 (the 'super peso' near 16.5) on high Mexican interest rates and nearshoring investment, then weakened in 2024. Mexicans paid in dollars have seen their peso income swing more than 20% within two years.

Popular conversions

Frequently asked questions

How much is 1 USD in MXN?+

Right now, 1 USD is about 18.3049 MXN at the mid-market rate. The figure refreshes roughly hourly.

Is this the USD to MXN rate I'll actually get?+

This is the mid-market (interbank) rate — the fair midpoint. Banks and transfer apps add a margin on top, so you receive a little less. Dominant corridor: US → Mexico, the world's largest bilateral remittance route. Use the mid-market figure as your benchmark when comparing providers.

What moves the USD/MXN rate?+

The Mexican Peso is issued by the Banco de México. The peso floats freely and is the most-traded emerging-market currency. Our figures refresh roughly hourly from European Central Bank reference data and other public sources.