Convert USD to MXN
🇬🇧English
One US dollar buys many Mexican pesos, so a USD→MXN conversion returns a much larger number. Currency Converter & Exchange converts it both ways and keeps working offline, which matters where mobile coverage disappears.
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The two currencies, side by side
Durable facts about each side of the pair — these change on a scale of years, unlike the rate.
US Dollar (USD)
- ISO 4217 code
- USD
- Symbol
- $
- Minor unit (ISO 4217 exponent)
- 2
- Issued for
- United States
- Issuing central bank
- Federal Reserve System
Mexican Peso (MXN)
- ISO 4217 code
- MXN
- Symbol
- $
- Minor unit (ISO 4217 exponent)
- 2
- Issued for
- Mexico
- Issuing central bank
- Banco de México
Who converts US dollars to Mexican pesos
USD/MXN is a border pair before it is a market pair. It is checked in Tijuana and El Paso as often as on trading desks — by people crossing for work, for dental care, for family — and by the very large number of US residents who send money to Mexico every month.
For those transfers the reference rate is only half the story. What arrives depends on the provider’s margin on top of it plus a fixed fee, and providers advertise whichever half looks better. Knowing the interbank baseline first is the only way to see the real cost of a transfer.
For travel, much of Mexico outside resorts and large cities still runs on cash, and ATM rates vary far more between machines than card rates do between banks.
Practical notes for USD/MXN
- Dollars are accepted in border and resort towns, but almost always at a rate worse than a peso ATM withdrawal.
- Compare a transfer provider’s quoted rate against the interbank rate in Currency Converter & Exchange before sending, not just its advertised fee.
- Mexican ATMs frequently offer conversion to dollars — decline it and take pesos.
- Save the rate in Currency Converter & Exchange before driving out of coverage; it converts from the last stored figure.
Both currencies float, so the USD/MXN rate is set by the market rather than fixed — mainly by the interest-rate decisions of Federal Reserve System and Banco de México. That is why no static page can print a rate and stay correct.
How to convert USD to MXN in Currency Converter & Exchange
- Enter the USD amount.
- Pick Mexican Peso (MXN) — search by country, currency name or ISO code.
- Tap the converted MXN figure to copy or share it.
- Pin USD/MXN to your favourites for one-tap access.
Converter home screen 
Historical exchange rate chart 
Currency picker with search
Questions about USD to MXN
How do I tell whether a money-transfer service is giving me a fair USD/MXN rate?
Compare its quoted rate against an interbank reference rate — the one in Currency Converter & Exchange, for instance. The gap between the two, plus any fixed fee, is the true cost of the transfer; the advertised fee alone rarely is.
Should I pay in dollars or pesos in Mexico?
Pesos. Merchants accepting dollars set their own conversion rate, which is normally well below what the same money would fetch through a card or ATM withdrawal in pesos.
Where does Currency Converter & Exchange get its USD/MXN rate?
From financial data providers, refreshed several times a day whenever the device has a connection. Currency Converter & Exchange timestamps every update, so you can always see how old the figure on screen is.
Does that rate include my bank’s fees?
No. Currency Converter & Exchange shows an interbank reference rate. Banks, card networks and exchange bureaux add their own margin on top, so the MXN you actually receive for your USD will be less.
Is Currency Converter & Exchange free?
Yes, free to install on Android and iOS, with no account and no sign-in. The free edition is ad-supported; the Pro edition removes the ads.
Related currency pairs
Other USD and MXN conversions covered on this site:
Published by Julien Millau, independent Android and iOS developer. — Reference information only. Not financial advice, and not a quote for any transaction.