How much is one Mexican peso worth in US dollars today?

One Mexican peso (MXN) is worth about $0.0589 today at the interbank exchange rate, which means 1 US dollar buys roughly MX$16.96. Banks and exchange houses add a spread on top of this wholesale rate when you actually convert.

How many dollars are 100 pesos today?

100 Mexican pesos are worth about $5.89 at today's interbank rate. At a bank counter or exchange house you would receive a bit less if you sell pesos for dollars, because of the spread (typically 2-5% for small amounts).

What is the difference between the interbank rate and the bank counter rate?

The interbank rate is the wholesale quote banks use among themselves, with no commercial margin: it is the international reference. When you exchange pesos for dollars at a bank or exchange house, the counter buys your pesos at a lower rate and sells dollars at a higher rate. The gap between buy and sell is the spread, and it is how the provider makes money.

Where can I exchange Mexican pesos for US dollars?

In the US you can exchange pesos at large banks, credit unions, and licensed currency exchange services; some accept only their own account holders. For anything more than a few hundred dollars it pays to compare rates. Avoid airport and tourist-zone kiosks, which charge 3-8% above the interbank rate. For sending money to Mexico, apps like Wise, Remitly, and Western Union often beat traditional bank counters on the rate.

Why does the Mexican peso to dollar rate change every day?

The MXN/USD rate is set by supply and demand in the global FX market. The main drivers are: (1) interest-rate decisions by Banxico and the US Federal Reserve, (2) remittance flows (about $60 billion USD a year move from the US to Mexico), (3) oil prices, and (4) political and trade stability. The peso is one of the most actively traded emerging-market currencies in the world.

Will the peso get stronger or weaker against the dollar in 2026?

Today the peso trades at $0.0589 per peso (about MX$16.96 per dollar). The trend depends on Banxico versus Fed rate decisions, political headlines, and remittance flows. Our 45-day chart shows the recent direction. For remittances and financial planning, dollar-cost averaging works better than trying to time the perfect rate.

Mexican Peso to USD Today · 1 MXN = $0.0589

How many dollars are X pesos today

Pesos (MXN)	Dollars (USD)
1 MXN	$0.06
10 MXN	$0.59
20 MXN	$1.18
50 MXN	$2.95
100 MXN	$5.89
500 MXN	$29.47
1,000 MXN	$58.95
5,000 MXN	$294.74

Conversions at the reference interbank rate. At a bank or exchange counter the real amount can differ by ±2-5% because of the buy/sell spread.

US dollar exchange rate by bank in Mexico today

Estimated over-the-counter rate by bank, sorted from cheapest to most expensive dollar. These are the rates you would face if you convert pesos and dollars in Mexico.

Bank	They buy at	They sell at
BBVA México	MX$16.66	MX$17.41
Santander México	MX$16.61	MX$17.46
Citibanamex	MX$16.56	MX$17.51
Intercam Banco	MX$16.56	MX$17.51
Banorte	MX$16.46	MX$17.61
HSBC México	MX$16.51	MX$17.61
Scotiabank México	MX$16.46	MX$17.66
BanBajío	MX$16.41	MX$17.71
Banregio	MX$16.41	MX$17.71
Banco Azteca	MX$16.16	MX$18.16
Elektra (Banco Azteca)	MX$16.16	MX$18.16

Counter rates estimated with a reference spread over the interbank rate. For the official quote of the day, check the branch or online banking of each institution.

Euro, silver, and gold today

The price of silver moves with the dollar: when the dollar strengthens against the peso, silver rises in peso terms even if its international price does not change. If you want the dollar-to-euro rate or the price of silver and gold, everything is linked below.

How much is the Mexican peso worth in dollars today?

One Mexican peso is worth $0.0589 at the interbank rate, which means 1 US dollar buys about MX$16.96. That interbank number is the wholesale reference banks, businesses, and exchange houses use. When you convert pesos to dollars at a counter, you receive a little less; when you buy pesos with dollars, you pay a little more. That gap is the provider's margin.

Interbank rate vs. the counter rate you actually get

The difference between the wholesale rate and the counter rate has three layers:

Interbank spot: the quote between banks with no margin. Only accessible for very large volumes.
Sell rate at the bank: what the bank charges if you buy dollars. Usually 1-2% above the interbank rate.
Buy rate at the bank: what the bank pays if you sell dollars for pesos. Usually 1-2% below the interbank rate.

The gap between buy and sell is the spread, and it is how the provider makes money. A typical spread runs 2-4% at banks and up to 6-8% at airport exchange kiosks.

What moves the peso against the dollar?

The Mexican peso is one of the most actively traded emerging-market currencies in the world. Its exchange rate responds to:

Interest-rate decisions by Banxico versus the US Federal Reserve: if Banxico holds high and the Fed cuts, the peso tends to strengthen (it attracts foreign investment into Mexican debt).
Remittances: about $60 billion USD a year flow from the US to Mexico, a structural source of demand for pesos.
Oil prices: Mexico exports crude; higher oil tends to support the peso.
Politics and trade: elections, reforms, and the USMCA agreement.

How to lose less when you convert pesos to dollars

For remittances to Mexico: Wise, Remitly, and Western Union at or near the interbank rate usually beat traditional bank counters.
For travel: a debit or credit card that charges the interbank rate with no foreign-transaction fee beats exchanging cash.
For saving in dollars: a US-dollar account or a broker (USD ETF) rather than holding cash.
Always avoid: airport and tourist-zone exchange kiosks (3-8% margin) and double conversions on cards.

History and trend

Over the last 45 days the peso has traded in a range of $0.0575 – $0.0593 per peso . For longer horizons, consider the official series from Banxico (official fix) and the international spot quote for reference.