🇺🇸 USD to 🇲🇽 MXN — US Dollar to Mexican Peso (MX$) Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert US Dollar to Mexican Peso using the live indicative interbank rate and the converter below. Covers the cost of sending to Mexico via the major mobile money apps.
Currency converter
USD → MXN conversion table
| USD | MXN |
|---|---|
| 1 | 18.50 |
| 5 | 92.50 |
| 10 | 185.00 |
| 20 | 370.00 |
| 50 | 925.00 |
| 100 | 1,850.00 |
| 200 | 3,700.00 |
| 500 | 9,250.00 |
| 1,000 | 18,500.00 |
| 2,000 | 37,000.00 |
| 5,000 | 92,500.00 |
| 10,000 | 185,000.00 |
Table computed at the indicative rate of 1 USD = 18.50 MXN. Real operator-side values include a 1%-4% spread.
Popular USD → MXN amounts
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US Dollar to Mexican Peso exchange rate history
What moves the Mexican Peso rate
The Mexican peso free-floats and is one of the world's most-traded emerging-market currencies, with deep, liquid dollar markets. Banxico targets inflation; the rate moves mostly on US interest rates, USMCA trade and the world's largest remittance corridor (Mexico–US, over $60 billion a year).
About the US Dollar
The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents. For African corridors, the USD plays two distinct roles: as the on-the-wire settlement currency that originating remittance providers use to hedge between markets, and as the unit of account that diaspora senders most often think in. When operators quote a USD-to-local-currency rate, the difference between that rate and the interbank mid-market — the spread — is where most of the corridor's cost is hidden, often dwarfing the visible send fee. For receivers in countries with thin USD interbank markets such as Sierra Leone or Mozambique, the published rate can lag the interbank reference by several percentage points.
About the Mexican Peso
The Mexican Peso (MXN) is issued by the Banco de México (Banxico) and is one of the most-traded emerging-market currencies in the world, with deep, liquid dollar markets thanks to Mexico's tight integration with the US economy. Its symbol is the dollar sign "$", the same as the US dollar, so prices are often written "MX$" to avoid confusion in a US-Mexico context. The peso is highly sensitive to the US-Mexico relationship: trade and the USMCA agreement, US interest rates, and the enormous remittance corridor from Mexicans working in the United States — the world's largest, worth well over $60 billion a year — all move the rate. Banxico runs an inflation-targeting policy and the peso floats freely, so it can swing on US political and trade news as much as on domestic data. For most people the MXN/USD rate is the number that matters, whether pricing cross-border purchases or valuing money sent home from the US.
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FAQ
What is the USD/MXN exchange rate today?
How much is 100 USD in MXN?
What's the best way to send US Dollar to Mexico?
Is the Mexican Peso a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Mexico, see the inbound corridor comparison.