USD to MXN Exchange Rate Today
US Dollar to Mexican Peso conversion for the largest remittance corridor in the world. Track live USD/MXN rates every 30 minutes for family support, business transactions, property purchases, or travel to Mexico City, Guadalajara, Monterrey, and across Mexico.
1000 USD =
17,025.87MXN
1 MXN = 0.0587 USD
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USD to MXN conversion table
Common amounts at the current mid-market rate of 1 USD = 17.03 MXN.
| USD | MXN |
|---|---|
| 1 USD | 17.03 MXN |
| 5 USD | 85.13 MXN |
| 10 USD | 170.26 MXN |
| 25 USD | 425.65 MXN |
| 50 USD | 851.29 MXN |
| 100 USD | 1,703 MXN |
| 500 USD | 8,513 MXN |
| 1,000 USD | 17,026 MXN |
| 5,000 USD | 85,129 MXN |
| MXN | USD |
|---|---|
| 1 MXN | 0.0587 USD |
| 5 MXN | 0.2937 USD |
| 10 MXN | 0.5873 USD |
| 25 MXN | 1.47 USD |
| 50 MXN | 2.94 USD |
| 100 MXN | 5.87 USD |
| 500 MXN | 29.37 USD |
| 1,000 MXN | 58.73 USD |
| 5,000 MXN | 293.67 USD |
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 USD
Nobody converts at the mid-market rate. At 1 USD = 17.03 MXN, a perfect conversion of 1,000 USD would be 17,026 MXN. Here is what 16 services would really send, fee and exchange-rate margin included.
| Service | Their rate | Fee | You get |
|---|---|---|---|
| Taptap Sendcheapest | 16.99 | — | 16,991 MXN |
| Xoom | 17.03 | 6.09 USD | 16,922 MXN |
| MoneyGram | 16.94 | 1.49 USD | 16,920 MXN |
| Instarem | 16.91 | — | 16,907 MXN |
| Sendwave | 16.91 | 1.99 USD | 16,875 MXN |
| XE | 16.86 | — | 16,856 MXN |
| BOSS Money | 16.86 | 1.49 USD | 16,839 MXN |
| Paysend | 16.85 | 0.9900 USD | 16,835 MXN |
| Wise | 17.03 | 12.07 USD | 16,820 MXN |
| Pangea | 16.79 | — | 16,791 MXN |
| Remitly | 16.78 | 1.99 USD | 16,748 MXN |
| Revolut | 16.91 | 11.50 USD | 16,719 MXN |
| Ria Money Transfer | 16.75 | 1.99 USD | 16,718 MXN |
| Western Union | 16.71 | 1.99 USD | 16,677 MXN |
| WorldRemit | 16.62 | 1.99 USD | 16,587 MXN |
| OFX | 16.65 | 5.00 USD | 16,566 MXN |
On 1,000 USD, the gap between the best and worst option here is 425.47 MXN — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending.
Frequently Asked Questions
What is the US Dollar to Mexican Peso exchange rate?
The USD to MXN exchange rate typically ranges between 16-20 MXN per 1 USD, depending on US-Mexico trade relations, oil prices (Mexico is major oil exporter), Federal Reserve vs Banco de México interest rate differentials, and USMCA trade agreement impacts. Mexico receives over $60 billion annually in remittances, mostly from the United States, making USD/MXN the largest remittance corridor in the world. Our converter shows live mid-market rates updated every 30 minutes.
How can Americans send money to Mexico?
Americans and Mexican-Americans have numerous options: Remitly (0.99-3%, fast transfers to OXXO, banks), Wise (0.5-1.5%, great rates), Xoom (1-3%, PayPal-owned), MoneyGram or Western Union (higher fees but extensive agent network in every Mexican city); banks like Wells Fargo or Bank of America (expensive, avoid for remittances); or direct bank transfers. For the 37+ million Mexican-American community, specialized services save significantly, so compare total MXN received per $100 sent.
Why does USD to MXN rate change so much?
USD/MXN is one of the most actively traded emerging market pairs. It responds to: Fed interest rate decisions vs Banxico policy, US-Mexico trade flows ($780B+/year), oil price movements (Mexico exports oil), USMCA trade agreement impacts, US political rhetoric on immigration/border issues, remittance flows ($60B+/year), and global risk appetite. Major volatility occurs around Fed meetings, Mexican elections, or US political changes affecting bilateral relations.
Should I exchange dollars in the US or Mexico?
Exchange in Mexico for better rates. US banks and airport exchanges offer poor USD/MXN rates (5-10% below market). Best options: use ATMs in Mexico with no foreign transaction fee cards (typically 1-2% cost); use Wise or Revolut cards in Mexico; visit casas de cambio (exchange houses) in Mexican cities; or send money via Remitly/Wise before traveling. Avoid airport exchanges, hotel desks, and tourist-area cambios which charge 8-15% markup.
Is Mexico expensive for US tourists?
Mexico is generally affordable for Americans. With $1 USD buying 17-19 MXN, travelers find good value, especially outside resorts. Budget hotels $20-40/night, meals $5-15, local transport $1-5. Cancún, Cabo, and resort areas are pricier; inland cities (Guanajuato, Oaxaca, Mérida, Puebla) offer better value. Your dollars stretch further than in the US, though resort areas approach US pricing. Use pesos, not dollars, for best prices.
Popular MXN Currency Pairs
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