EUR to MXN Exchange Rate Today
Euro to Mexican Peso conversion for European travelers and the Mexican community in Europe. Track live EUR/MXN rates every 30 minutes for holidays to Cancún, Mexico City, or supporting family—enjoying strong euro purchasing power.
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Frequently Asked Questions
What is the Euro to Mexican Peso exchange rate?
The EUR to MXN exchange rate typically ranges between 18-22 MXN per 1 EUR, depending on ECB monetary policy, Banco de México decisions, oil prices (Mexico exports oil), and euro strength. The strong euro gives European travelers exceptional purchasing power in Mexico. Mexico is increasingly popular with German, French, Spanish, and Italian tourists. Exchange rates fluctuate with US-Mexico trade (since Mexico exports 80% to US), Eurozone economic data, and global market sentiment.
Is Mexico expensive for European tourists?
Mexico is very affordable for Europeans. With €1 EUR buying 18-22 MXN, travelers from Germany, France, Spain, Italy find excellent value, especially outside resort areas. Budget hotels €12-30/night, meals €3-10, archaeological sites €2-6 entry, local transport €0.80-4. Cancún, Los Cabos, and Riviera Maya approach Western pricing, but inland Mexico (Oaxaca, Guanajuato, San Miguel de Allende, Puebla) offers outstanding value. Your euros stretch much further than in Europe.
How can Mexicans in Europe send money to Mexico?
The small but growing Mexican community in Europe (50,000+) can use: Wise (excellent EUR to MXN rates, 0.5-1.5%), Remitly, WorldRemit, Western Union or MoneyGram (extensive Mexico agent network); European banks (expensive, avoid for remittances); or digital transfer services. For Mexican communities in Barcelona, Madrid, Paris, Berlin, Frankfurt sending to Mexico City, Guadalajara, or Monterrey, specialized services save significantly versus traditional banks.
Should I exchange euros in Europe or Mexico?
Exchange in Mexico for better rates. European banks and airports offer poor EUR/MXN rates (5-8% below market). Best options: use ATMs in Mexico with fee-free European cards (N26, Revolut, Wise)—typically 1-2% total cost; use Wise/Revolut cards for spending; visit Mexican casas de cambio (exchange houses) in cities; avoid hotel exchanges and tourist-zone cambios (8-12% markup). Never exchange at European or Mexican airports.
Why does EUR to MXN fluctuate?
EUR/MXN movements reflect: ECB vs Banco de México interest rate differentials, oil price swings (affects Mexican peso), USMCA trade impacts, Eurozone economic data, Mexican political stability, and global risk appetite. Major volatility occurs around ECB/Fed meetings (both affect MXN), Mexican elections, or Eurozone political events. The peso is sensitive to US policy since most Mexican exports go to America, and EUR/USD movements cascade to EUR/MXN.