
If you're traveling to Mexico or doing business with the country, you'll likely need to convert US dollars to Mexican pesos. The 1 USD to MXN exchange rate fluctuates constantly, but according to historical data, the average exchange rate is around 20-22 pesos per dollar.
To stay up-to-date on the current exchange rate, you can check online tools such as XE or Oanda. These websites provide real-time exchange rates and can help you make informed decisions about your money.
The exchange rate can also be affected by various factors such as inflation, economic conditions, and global events.
Currency Conversion Tools
You can use OANDA's Currency Converter to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
OANDA Rates are foreign exchange rates compiled from leading market data contributors.
To convert US dollars to Mexican pesos, simply type in the box how much you want to convert.
Select USD in the first dropdown as the currency that you want to convert and MXN in the second dropdown as the currency you want to convert to.
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Our currency converter will show you the current USD to MXN rate and how it's changed over the past day, week or month.
As of January 6, 2025 10:00 PM UTC, the best USD to MXN exchange rate is 20.323 MXN.
This means that for every US Dollar you exchange, you will receive 20.323 Mexican Pesos.
Here's a quick rundown of the steps to convert US dollars to Mexican pesos:
- 1. Type in the box how much you want to convert.
- 2. Select USD in the first dropdown and MXN in the second dropdown.
- 3. Our currency converter will show you the current USD to MXN rate.
Conversion Charts and Data
Conversion charts are a great way to visualize exchange rates over time. You can view a US Dollar to Mexican Peso Conversion Chart that shows data from January 4, 2024 to January 3, 2025.
The average exchange rate over this period was 18.357 Mexican Pesos per US Dollar. This is a useful reference for anyone looking to understand the historical trends of the exchange rate.
To view rates between the US Dollar and the Mexican Peso for a particular year, you can click on one of the links below:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
The highest USD to MXN exchange rate in the last year was 20.869 Mexican Pesos per US Dollar on December 31, 2024.
Reverse Peso Conversion Chart
The Reverse Peso Conversion Chart is a useful tool for tracking the value of the Mexican Peso against the US Dollar.
This chart shows data from 2024-1-4 to 2025-1-3, giving you a clear picture of the exchange rate over time.
The average exchange rate over this period was 18.357 Mexican Pesos per US Dollar.
By using the Reverse Peso Conversion Chart, you can easily see how the value of the Mexican Peso has changed in relation to the US Dollar.
The USD/MXN rate is up +14.56% in the last six months, meaning the US Dollar has increased in value compared to the Mexican Peso.
This information can be especially helpful if you're planning a trip to Mexico or doing business with the country, allowing you to make informed decisions about currency exchange.
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Yearly Highs
The yearly highs in the USD/MXN exchange rate can be quite fascinating. The highest rate in the last year was 20.869 Mexican Pesos per US Dollar on December 31, 2024.
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To give you a better idea of the fluctuations, here are the yearly highs for the last decade:
The highest rate in the last 10 years was actually on March 23, 2020, when each US Dollar was worth 25.328 Mexican Pesos.
100 Pesos Conversion
OANDA's Currency Converter is a powerful tool that lets you check the latest foreign exchange rates and convert major world currencies.
You can use it to convert US Dollars to Mexican Pesos, and get the most up-to-date exchange rate.
The exchange rate is constantly changing, but as of January 6, 2025, 1 US Dollar is equivalent to 20.323 Mexican Pesos.
To convert a specific amount, like 100 US Dollars, you can use the converter to get the exact value in Mexican Pesos.
As of January 6, 2025, 100 US Dollars is equivalent to 2,032.28 Mexican Pesos.
Stats
The US Dollar has increased in value compared to the Mexican Peso over the last six months, with a gain of +14.56%.
OANDA's Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies, including the US Dollar and Mexican Peso.
The US Dollar has decreased -2.46% year-to-date against the Mexican Peso, but has appreciated +17.65% against the Mexican Peso over the past 10 years.
The 30-day average exchange rate for USD to MXN is 20.5775, with a 30-day high of 20.8349 and a 30-day low of 20.2716.
Over the past 90 days, the 90-day average exchange rate for USD to MXN is 20.3962, with a 90-day high of 20.8396 and a 90-day low of 19.8054.
The change for USD to MXN over the last 90 days is 2.81%.
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Frequently Asked Questions
Is the dollar strong in Mexico right now?
The US dollar has a relatively stable value in Mexico, with a 1.193% increase over the past week. However, its value against the Mexican peso has decreased by 0.440% since yesterday.
Is the dollar strong in Mexico right now?
The US dollar has a relatively stable value in Mexico, with a 3.566% increase over the past week. However, its exchange rate to Mexican pesos has decreased by 1.367% since yesterday, indicating a slight fluctuation.
Is $100 a lot of money in Mexico today?
$100 USD is equivalent to a week's worth of salary for many manual labor jobs in Mexico, making it a decent amount of money for locals. However, its value can vary greatly depending on the location and type of job.
What is a good USD to MXN exchange rate?
A good USD to MXN exchange rate is approximately $1 = $20.16. This rate can help you save money when transferring funds from the USA to Mexico.
What is the highest dollar to peso rate in history?
The highest dollar to peso rate in history was 24.180 in April 2020, marking a significant exchange rate milestone. This rate is a notable record high in the history of Mexico's currency exchange.
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