Mexican Peso to Dollar Converter
Live Exchange Rate: 1 MXN = 0.05758 USD
Inverse Rate: 1 USD = 17.3654 MXN
Last Updated:
Quick Conversions
MXN to USD Conversion Rates
Mexican Peso to US Dollar
| MXN | USD |
|---|---|
| 1 MXN | 0.0576 USD |
| 5 MXN | 0.2879 USD |
| 10 MXN | 0.5759 USD |
| 20 MXN | 1.1517 USD |
| 50 MXN | 2.8793 USD |
| 100 MXN | 5.7586 USD |
| 250 MXN | 14.3964 USD |
| 500 MXN | 28.7929 USD |
| 1,000 MXN | 57.5858 USD |
| 5,000 MXN | 287.929 USD |
| 10,000 MXN | 575.858 USD |
US Dollar to Mexican Peso
| USD | MXN |
|---|---|
| 1 USD | 17.3654 MXN |
| 5 USD | 86.827 MXN |
| 10 USD | 173.654 MXN |
| 20 USD | 347.308 MXN |
| 50 USD | 868.27 MXN |
| 100 USD | 1,736.54 MXN |
| 250 USD | 4,341.35 MXN |
| 500 USD | 8,682.7 MXN |
| 1,000 USD | 17,365.4 MXN |
| 5,000 USD | 86,827 MXN |
| 10,000 USD | 173,654 MXN |
How to Convert Mexican Peso to Dollar
Converting Mexican Pesos (MXN) to US Dollars (USD) involves a straightforward calculation using the current exchange rate. The exchange rate represents how much one currency is worth in terms of another currency.
Conversion Formula
Where the exchange rate is currently approximately 0.05758 USD per 1 MXN
Step-by-Step Conversion Process
Example 1: Convert 100 MXN to USD
Step 1: Identify the amount in Mexican Pesos
Amount = 100 MXN
Step 2: Multiply by the exchange rate
100 × 0.05758 = 5.758 USD
Result: 100 MXN = 5.76 USD
Example 2: Convert 1,000 MXN to USD
Step 1: Identify the amount in Mexican Pesos
Amount = 1,000 MXN
Step 2: Multiply by the exchange rate
1,000 × 0.05758 = 57.58 USD
Result: 1,000 MXN = 57.59 USD
Example 3: Convert 50 USD to MXN
Step 1: Identify the amount in US Dollars
Amount = 50 USD
Step 2: Multiply by the inverse rate
50 × 17.3654 = 868.27 MXN
Result: 50 USD = 868.27 MXN
Example 4: Convert 250 USD to MXN
Step 1: Identify the amount in US Dollars
Amount = 250 USD
Step 2: Multiply by the inverse rate
250 × 17.3654 = 4,341.35 MXN
Result: 250 USD = 4,341.35 MXN
Popular Peso Conversions
These are the most commonly searched Mexican Peso conversion amounts and their equivalent values in US Dollars based on current market rates.
| Amount in MXN | Equivalent in USD | Common Use Case |
|---|---|---|
| 20 MXN | 1.15 USD | Coffee or snack purchase |
| 50 MXN | 2.88 USD | Public transportation fare |
| 100 MXN | 5.76 USD | Small meal |
| 200 MXN | 11.52 USD | Restaurant meal |
| 500 MXN | 28.79 USD | Grocery shopping |
| 1,000 MXN | 57.59 USD | Weekly expenses |
| 2,000 MXN | 115.17 USD | Monthly utilities |
| 5,000 MXN | 287.93 USD | Monthly rent (shared) |
| 10,000 MXN | 575.86 USD | Monthly salary (entry-level) |
| 20,000 MXN | 1,151.72 USD | Monthly salary (professional) |
Mexican Peso Exchange Rates
The Mexican Peso can be exchanged with multiple currencies worldwide. Here are the current exchange rates for MXN against major global currencies.
| Currency Pair | Exchange Rate | 1 MXN Equals |
|---|---|---|
| MXN to USD | 0.05758 | 0.0576 US Dollars |
| MXN to EUR | 0.04870 | 0.0487 Euros |
| MXN to GBP | 0.04225 | 0.0423 British Pounds |
| MXN to CAD | 0.07902 | 0.0790 Canadian Dollars |
| MXN to JPY | 8.9912 | 8.99 Japanese Yen |
| MXN to AUD | 0.08358 | 0.0836 Australian Dollars |
| MXN to CHF | 0.04503 | 0.0450 Swiss Francs |
| MXN to CNY | 0.40102 | 0.401 Chinese Yuan |
About the Mexican Peso (MXN)
The Mexican Peso is the official currency of Mexico and is represented by the symbol “$” or “Mex$” to distinguish it from other dollar-denominated currencies. The ISO code for the Mexican Peso is MXN.
Key Facts
Currency Code: MXN
Symbol: $ or Mex$
Central Bank: Bank of Mexico (Banco de México)
Subunit: 1 Peso = 100 centavos
Coins: 5, 10, 20, 50 centavos; 1, 2, 5, 10, 20 pesos
Banknotes: 20, 50, 100, 200, 500, 1000 pesos
The Mexican Peso is one of the most traded currencies in Latin America and ranks among the top 15 most traded currencies globally. It serves as a benchmark currency for Latin American markets.
About the US Dollar (USD)
The United States Dollar is the official currency of the United States and its territories. It is the world’s primary reserve currency and the most widely used currency in international transactions.
Key Facts
Currency Code: USD
Symbol: $
Central Bank: Federal Reserve System
Subunit: 1 Dollar = 100 cents
Coins: 1¢, 5¢, 10¢, 25¢, 50¢, $1
Banknotes: $1, $2, $5, $10, $20, $50, $100
The US Dollar is used as the official currency in several countries and territories beyond the United States. It accounts for approximately 88% of all foreign exchange trades globally.
Exchange Rate History and Trends
The MXN/USD exchange rate has shown significant fluctuations over the years, influenced by various economic factors including trade policies, interest rates, and global market conditions.
Recent Performance
| Time Period | High | Low | Average | Change |
|---|---|---|---|---|
| Last 30 days | 0.0562 USD | 0.0554 USD | 0.0557 USD | +1.02% |
| Last 90 days | 0.0562 USD | 0.0535 USD | 0.0549 USD | +3.29% |
| Last 12 months | 0.0562 USD | 0.0491 USD | 0.0526 USD | +14.41% |
The Mexican Peso has strengthened significantly against the US Dollar over the past year, with the currency appreciating by approximately 14.41%. This appreciation reflects improved economic conditions in Mexico and a weaker dollar in international markets.
Factors Affecting MXN to USD Exchange Rate
Economic Indicators
Several key economic factors influence the exchange rate between the Mexican Peso and US Dollar. Interest rate differentials between the Bank of Mexico and the Federal Reserve play a crucial role in currency valuation.
Mexico-Specific Factors
• Oil prices (Mexico is a major oil exporter)
• Remittances from the United States
• Tourism revenue
• Manufacturing sector performance
• Foreign direct investment flows
US-Specific Factors
• Federal Reserve monetary policy
• US economic growth data
• Employment figures
• Inflation rates
• Trade balance with Mexico
Trade Relations
The United States-Mexico-Canada Agreement (USMCA) significantly impacts the MXN/USD exchange rate. Trade volume between the two nations exceeds $600 billion annually, making the bilateral trade relationship one of the most important factors in peso valuation.
Frequently Asked Questions
What is the current exchange rate for Mexican Peso to US Dollar?
As of January 2026, the exchange rate is approximately 0.05758 USD per 1 MXN, meaning 1 Mexican Peso equals about 5.76 US cents. The inverse rate is 17.3654 MXN per 1 USD. Exchange rates fluctuate continuously based on market conditions.
How much is 100 Mexican Pesos in US Dollars?
100 Mexican Pesos equals approximately 5.76 US Dollars at the current exchange rate. This amount can cover a small meal or basic groceries in most areas.
How much is 1000 Pesos in USD?
1,000 Mexican Pesos converts to approximately 57.59 US Dollars. This is a commonly exchanged amount for weekly expenses or moderate purchases.
Is the Mexican Peso getting stronger or weaker?
The Mexican Peso has strengthened significantly over the past 12 months, appreciating by approximately 14.41% against the US Dollar. Recent data shows continued strength, with a 3.29% gain over the last 90 days. However, currency values fluctuate based on multiple economic factors.
Where can I exchange Mexican Pesos for US Dollars?
You can exchange MXN to USD at banks, currency exchange bureaus (casas de cambio), airports, hotels, and online currency exchange platforms. Banks typically offer more favorable rates compared to airports or hotels. Online platforms may provide competitive rates with lower fees.
What affects the MXN to USD exchange rate?
Multiple factors influence the exchange rate including interest rate differences between central banks, inflation rates, economic growth, oil prices, trade balances, foreign investment, and geopolitical events. The Bank of Mexico and the US Federal Reserve monetary policies play particularly significant roles.
How do I convert Pesos to Dollars manually?
To convert manually, multiply the peso amount by the current exchange rate. For example: 500 MXN × 0.05758 = 28.79 USD. To convert dollars to pesos, multiply the dollar amount by the inverse rate: 100 USD × 17.3654 = 1,736.54 MXN.
Are there fees when converting MXN to USD?
Yes, most currency exchange services charge fees or apply a margin to the exchange rate. Banks typically charge 1-3% fees or offer rates 2-5% less favorable than mid-market rates. Online platforms often provide more competitive rates with lower fees. Always compare total costs before exchanging.
What is the best time to exchange Mexican Pesos?
The optimal exchange timing depends on market conditions. Monitor exchange rate trends and consider exchanging when the peso is strong relative to historical averages. Avoid exchanging at airports or hotels where rates are typically less favorable. Currency markets are open 24/5, with highest liquidity during overlapping trading hours.
Can I use Mexican Pesos in the United States?
Mexican Pesos are generally not accepted for daily transactions in the United States, except in some border towns and tourist areas. It’s recommended to exchange pesos for dollars before traveling to the US or use ATMs that dispense US dollars, though international withdrawal fees may apply.
References
- Xe.com – Currency Exchange Rates and International Money Transfer Services. “MXN to USD Exchange Rates.” Xe Currency Converter, accessed January 2026. Available at: https://www.xe.com
- Wise (formerly TransferWise) – “Mexican Pesos to US Dollars Exchange Rate.” Wise Currency Converter, updated daily. Available at: https://wise.com
- Bank of Mexico (Banco de México) – Official exchange rate data and monetary policy reports. Available at: https://www.banxico.org.mx
- Federal Reserve System – “Foreign Exchange Rates – H.10.” Board of Governors of the Federal Reserve System, weekly publication.
- Trading Economics – “Mexican Peso (USDMXN) Live Rate, Chart & Forecast.” Global macro models and financial data platform, accessed January 2026.
- International Monetary Fund (IMF) – “Currency Composition of Official Foreign Exchange Reserves (COFER).” IMF Data, quarterly reports.
- Revolut – “Currency Exchange Rates and International Payments.” Revolut Currency Converter, real-time rates. Available at: https://www.revolut.com