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 =
18,434.20MXN
1 MXN = 0.0542 USD
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USD to MXN conversion table
Common amounts at the current mid-market rate of 1 USD = 18.43 MXN.
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 = 18.43 MXN, a perfect conversion of 1,000 USD would be 18,434 MXN. Here is what 12 services would really send, fee and exchange-rate margin included.
On 1,000 USD, the gap between the best and worst option here is 378.22 MXN for 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 to a bank account, not a live quote. Promotional offers and payment method can change it. Check the provider before sending. Where we price a service from its own recent quotes, its row uses the fee and rate margin from that quote. Some services we price from their own quotes are not in this table, because their quote for this pair depends on a payment or delivery choice or we hold none for it, so “cheapest” is among the services shown. Each is priced on its own calculator.
Frequently Asked Questions
What is the US Dollar to Mexican Peso exchange rate?
On October 16, 2026, the mid-market rate was 1 USD = 18.43 MXN. The rate depends 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 (fast transfers to OXXO, banks), Wise, Xoom (PayPal-owned), MoneyGram or Western Union (extensive agent network in every Mexican city); banks like Wells Fargo or Bank of America (check their fees and exchange rate first); 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, well below mid-market. Best options: use ATMs in Mexico with no foreign transaction fee cards. You can also use Wise or Revolut cards in Mexico, visit casas de cambio (exchange houses) in Mexican cities, or send money via Remitly or Wise before traveling. Avoid airport exchanges, hotel desks, and tourist-area cambios, which build a heavy markup into their rates.
Is Mexico expensive for US tourists?
Mexico is generally affordable for Americans. On October 16, 2026, the mid-market rate was 1 USD = 18.43 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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