
In 2020, the US dollar to Mexican peso exchange rate was quite volatile, with fluctuations that affected travelers and businesses alike.
The year started with a strong US dollar, which peaked at around 22 Mexican pesos per US dollar in January.
This made Mexico a relatively affordable destination for American tourists, who could stretch their dollars further than they could in previous years.
The exchange rate remained relatively stable throughout the first half of the year, with the US dollar hovering around 20-21 Mexican pesos per dollar.
US Dollar-Mexican Peso Exchange History
The US Dollar-Mexican Peso exchange rate in 2020 was quite volatile, with the highest level of 25.7653 reached on June 4th, 2020.
The lowest level of 2020 was 18.4999, reached on February 17th, 2020.
In December 2020, the MXN/USD rate was 1 MXN = 0.05025 USD, and the change from the previous day was -0.001038 USD, which is a decrease of 2.07%.
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Here's a table showing the MXN/USD exchange rates for various amounts on December 31, 2020:
Converting USD to MXN on December 31, 2020, showed that $1 USD was equivalent to 19.899 MXN, and $100 USD was equivalent to 1,989.90 MXN.
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The exchange rate between the Mexican Peso and the US Dollar on December 31, 2020, was a significant factor in international trade and travel.
You could exchange 100 Mexican Pesos for approximately 5.0254 US Dollars.
The exchange rate was 1 MXN = 0.05025 USD, according to the MXN to USD Currency Converter for 2020-12-31.
If you had 500 Mexican Pesos, you could exchange them for around 25.127 US Dollars.
Here's a breakdown of the exchange rates for various amounts of Mexican Pesos on December 31, 2020:
The exchange rate was changing, with a decrease of 0.001038 USD from the previous rate, which represents a 2.07% decrease.
Exchange Rate Information
You can view US Dollar to Mexican Peso rates for the year 2020 by clicking on one of the links provided, but unfortunately, the exact rates for 2020 are not included in the article.
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The tables below summarize MXN/USD and USD/MXN conversions for various amounts on December 31, 2020.
To see the exchange rate history for 2020, you can check the U.S. Dollar-Mexican Peso History: 2020 section, which shows the highest and lowest levels of 2020.
The highest level of 2020 was 25.7653, reached on 06/04/2020.
You can also view rates between the US Dollar and the Mexican Peso for a particular year by clicking on one of the links below, which include years from 2016 to 2025.
Here's a list of years with available data:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
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The USD/MXN exchange rate saw a significant increase in 2020, rising by +5.21%. This means the US Dollar gained value compared to the Mexican Peso.
In fact, the average MXN/USD exchange rate for 2020 was a relatively low 0.04670 US Dollars per Mexican Peso, indicating a strong US Dollar.
If you were traveling to Mexico in February 2020, you would have gotten the best exchange rate of the year, with 0.05395 US Dollars per Mexican Peso on February 14.
However, the lowest MXN/USD exchange rate occurred on March 23, 2020, with a value of 0.03948 US Dollars per Mexican Peso.
The overall trend for 2020 was a decline in the value of the Mexican Peso, with the MXN/USD rate down -4.95%.
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Mexican Peso Exchange Rates
In 2020, the Mexican Peso exchange rate fluctuated significantly. The highest level of 2020 was 25.7653, reached on June 4th.
If you're looking for a specific date, you can check the exchange rate for that day. For example, on December 31st, the MXN/USD rate was 1 MXN = 0.05025 USD.
To get an idea of the exchange rate for the entire year, you can check the table below:
The lowest level of 2020 was 18.4999, reached on February 17th.
Sources
- https://www.exchange-rates.org/exchange-rate-history/usd-mxn-2020
- https://www.exchange-rates.org/exchange-rate-history/mxn-usd-2020-12-31
- https://www.poundsterlinglive.com/history/USD-MXN-2020
- https://www.mexperience.com/mexican-peso-2020-2021/
- https://fiscaldata.treasury.gov/datasets/treasury-reporting-rates-exchange/
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