If you’re checking the dollar-to-peso rate before sending money to Mexico or planning a trip, you’re in the right place. The Mexican peso has moved between 17.25 and 18.11 per dollar over the past year, and Banco de México’s latest official FIX rate came in at 17.3323. Below you’ll find today’s live rates from Banxico, BBVA México, and market trackers — everything you need without the guesswork.

Current USD/MXN Rate: 17.36 MXN per USD · $100 USD: 1,737 MXN · $1,000 MXN: 57.60 USD · BBVA Buy: $16.40 MXN · BBVA Sell: $17.53 MXN

Quick snapshot

1Confirmed facts
2What’s unclear
  • Tomorrow’s exact rate — forecasts vary by source
  • Whether the blue dollar rate applies to MXN context
  • Real-time post-market rates after 2:10 p.m. cutoff
3Timeline signal
4What’s next
  • Forecasts target 18.11 end-of-quarter (Trading Economics)
  • MXN up 11.06% over 12 months as of March 31, 2026 (Trading Economics)
  • Rate sensitivity to Banxico policy remains elevated (Trading Economics)
Metric Value Source
USD/MXN Spot Rate 17.3629 Investing.com
Wise 1 USD 17.37 MXN OFX
XE 1 USD 17.3838 MXN OFX
BBVA Fecha 22 abril 2026 BBVA México
OFX live rate Apr 21, 2026 17.2975 MXN OFX
MXN 12-month change +11.06% Trading Economics

What is the dollar to Mexican peso exchange rate today?

Banco de México publishes the official FIX exchange rate as a weighted average of wholesale market quotes from a 10-minute window between 1:55 p.m. and 2:05 p.m., released at 2:10 p.m. each banking day. The most recent Banxico FIX rate came in at 17.3323 per USD, with the prior session at 17.3200.

The upshot

BBVA México’s official page lists the dollar buy rate at $16.40 MXN and sell at $17.53 MXN — a spread that adds roughly 1.13 MXN per dollar above the market mid-rate. For anyone exchanging $1,000 or more, that gap can cost you more than 1,000 pesos depending on which side of the transaction you’re on.

Live rates from Investing.com

Investing.com showed the USD/MXN real-time quote at 17.3584 with the previous close at 17.3770. Market mid-rates like these fall between bank buy and sell rates, giving you a benchmark for comparing what your bank or transfer service is actually offering.

Banco de México official data

The Banxico FIX is calculated from Refinitiv FX Pricestream and Matching data, informed from 12:00 onwards each banking day and published in the Official Gazette one business day after determination. This makes it the most authoritative single number for official contracts and tax filings.

Bank rates like BBVA and Banamex

BBVA México’s buy rate of $16.40 and sell rate of $17.53 reflect the retail spread that banks apply to cover their costs and margin. By comparison, Citibanamex quoted sell rates around $19.08 on September 2, 2025 — slightly higher than BBVA’s $19.00 that same day.

The implication: bank spreads can vary by 0.08 MXN or more between institutions on the same day, so shopping around matters for larger transfers.

How much will the dollar be tomorrow in Mexico?

Predicting tomorrow’s exact USD/MXN rate is inherently uncertain, but several platforms offer short-term forecasts based on current market conditions. Trading Economics projects the rate at 18.11 by the end of the current quarter and 17.58 over the next 12 months from March 31, 2026.

What to watch

Banxico cut its benchmark rate by 25 basis points to 6.75% despite inflation holding at 4.63%, a move that historically weakens the peso as interest rate differentials narrow versus higher-yield currencies.

Forecast sources

Forecasts from Trading Economics, YCharts, and similar platforms use current yield spreads, momentum indicators, and historical volatility models. The further out the projection, the wider the confidence interval — which is why end-of-quarter estimates can shift noticeably from week to week.

Short-term prediction estimate

Based on recent Banxico signals and rate-cut trajectory, analysts expect the peso to remain under modest pressure if the central bank continues easing. That said, external factors — U.S. Fed policy, oil prices, and remittance flows — can override domestic rate decisions on any given day.

Trend indicators

The six-week high of 17.25 hit on April 15, 2026, shows the peso has recovered some ground since the 18.1051 level recorded on March 31. Sustained movement below 17.50 would signal renewed strength, while breaks above 18.00 would indicate renewed weakness.

The pattern: peso strength correlates with carry-trade flows and Banxico’s rate trajectory relative to the U.S. Fed — watch both.

How much is $100 dollars in Mexico?

At the current market mid-rate around 17.36 MXN per USD, $100 converts to approximately 1,737 MXN before any fees. BBVA’s sell rate of $17.53 would net you around 1,753 MXN, while the buy rate of $16.40 would leave you with only 1,640 MXN — a 113-peso swing depending on which rate applies.

Wise conversion

Wise, which transfers money at the mid-market rate with a transparent fee, listed 1 USD at 17.37 MXN as of recent data — essentially the interbank mid-rate with a small transfer charge added. For $100, Wise would typically deliver slightly more pesos than a bank because there’s no spread markup.

XE calculator

XE showed 1 USD at 17.3838 MXN, and their calculator confirms $100 yields approximately 1,738 MXN at mid-market. Like Wise, XE works off live interbank feeds, making it a reliable benchmark before you walk into a bank branch.

Current equivalent

The actual amount you receive depends on where and how you exchange. Online transfer services generally beat cash exchange booths, which beat airport kiosks, which typically offer the worst rates of all.

The catch: bank rates advertised online may differ from in-branch rates, and weekend or holiday transactions sometimes carry worse spreads.

How much is $1,000 Mexican pesos in dollars?

At 17.36 MXN per USD, 1,000 MXN converts to roughly 57.60 USD at mid-market. BBVA’s buy rate of $16.40 means you’d receive about 60.98 USD, while the sell rate of $17.53 would cost you approximately 57.04 USD — a 3.94 USD difference built entirely into the spread.

Reverse conversion

Converting pesos to dollars works the same way as the inverse — the bank buys your pesos at the lower rate and sells you dollars at the higher one. For reverse conversions, BBVA’s buy rate (the rate at which they purchase your dollars) is what matters most.

Wise tool

Wise’s converter shows mid-market rates with no hidden spread, so 1,000 MXN typically converts to the full 57.60 USD minus a small flat or percentage fee — often less than $3 total depending on transfer size and payment method.

Bank rates

BBVA México lists the dollar sell rate at $17.53 and buy at $16.40, confirming the roughly 1.13 MXN spread. For reverse conversions, a bank customer selling pesos would receive fewer dollars per peso than the mid-market quote suggests.

What this means: if you’re converting MXN to USD to send money home, the bank spread is working against you on both sides of the transaction — buy high, sell low is the bank’s advantage.

Is the dollar rising or falling in Mexico?

The peso has gained 11.06% against the dollar over the 12 months ending March 31, 2026, despite recent weakening past 17.9 after Banxico’s rate cut. As of recent data, USD/MXN hovered near 17.3 — still below the all-time high of 25.78 reached in April 2020.

Why this matters

For Americans receiving remittances from Mexico, a stronger peso means their dollar sends more pesos home — good news for families depending on cross-border transfers. For Mexican tourists abroad, the opposite is true: the purchasing power of each peso has improved against most major currencies.

Recent trends

The peso weakened 4.56% over the past month ending March 31, 2026, driven largely by Banxico’s rate-cut decision that narrowed the interest rate differential with the U.S. The subsequent stabilization near 17.3 suggests the market has partially absorbed that move.

YCharts data

YCharts tracks USD/MXN daily with percentage change overlays, making it easy to see momentum shifts. Recent data shows the pair oscillating between 17.25 and 18.11 over the past few months, with a clear ceiling around 18.10 and a floor near 17.20.

Market factors

Key drivers include U.S. Federal Reserve policy, oil prices (Mexico is a major oil exporter), remittance volumes, and Banxico’s ongoing rate decisions. Each factor can push the pair 0.5–2% in either direction on a given week.

The trade-off: peso strength benefits remittance recipients and Mexican importers but pressures Mexican exporters and businesses with dollar-denominated debt.

USD/MXN Timeline

These milestones trace the peso’s path from its pandemic-era peak through recent rate-cut pressures.

Date Event Source
April 2020 All-time USD/MXN high: 25.78 Trading Economics
2025-04-09 Average USD/MXN 20.72 Pangea
2025-09-02 BBVA USD sell $19.00, buy $17.87 PesoMXN
2026-03-31 USD/MXN at 18.1051 Trading Economics
2026-04-15 Six-week high: 17.25 Trading Economics
2026-04-21 OFX rate 17.2975 OFX

What’s confirmed and what’s unclear

Confirmed facts

  • Banco de México publishes the FIX rate at 2:10 p.m. each banking day
  • Banxico FIX recent rate: 17.3323
  • BBVA México buy $16.40, sell $17.53
  • USD/MXN all-time high: 25.78 in April 2020
  • MXN gained +11.06% over 12 months as of March 31, 2026
  • Banxico cut rates 25 bps to 6.75%

What’s uncertain

  • Tomorrow’s exact rate — forecasts vary widely
  • Post-2:10 p.m. real-time rates
  • Whether blue dollar terminology applies cleanly to Mexico (unlike Argentina)
  • Regional rate variations outside central Mexico

What the sources say

“Banco de México publishes the Mexican peso closing foreign exchange rate at 2:10 p.m. every banking business day.”

— Banco de México (Mexico’s central bank)

“The Mexican peso was at the 17.3 per USD mark, remaining relatively close to the six-week high of 17.25 from April 15th.”

— Trading Economics (financial data provider)

Banks vs. online transfer services

Choosing between a bank and an online transfer service directly affects how many pesos you receive per dollar sent.

Upsides

  • Banks offer in-person service and immediate cash access
  • BBVA México publishes official rates online for transparency
  • Established infrastructure reaches rural areas

Downsides

  • Bank spreads of 1.13 MXN+ erode transfer value
  • Weekend rates unavailable or worse
  • Online services like Wise/XE typically offer 0.5–1% better rates

For expats receiving Mexican peso income or families in Mexico receiving dollar remittances, the choice between bank and online transfer services carries real financial weight — a difference of hundreds of pesos on a single $1,000 transfer.

Related reading: USD to Won exchange rate · Current bank rates review

Frequently asked questions

What is the current US dollar to Mexican peso rate?

The most recent official Banxico FIX rate is 17.3323 per USD. Live market rates from Investing.com hover near 17.36, while BBVA México lists buy at $16.40 and sell at $17.53.

How do I convert pesos to dollars?

Divide the peso amount by the exchange rate. At 17.36 MXN per USD, 1,000 MXN equals roughly 57.60 USD. Use the mid-market rate as your baseline and subtract any spread or fee your provider charges.

What affects the dollar peso exchange rate?

Banxico interest rate decisions, U.S. Fed policy, oil prices, remittance flows, and broader risk sentiment all influence USD/MXN. When Banxico cut rates to 6.75%, the peso weakened past 17.9.

Where to get official exchange rates?

The most authoritative source is Banco de México’s FIX rate published at 2:10 p.m. on banking days. BBVA México also publishes its buy/sell rates daily on its official page.

Is $1,000,000 USD a lot in MXN?

At 17.36 MXN per USD, $1,000,000 converts to approximately 17.36 million Mexican pesos — a substantial amount that reflects months or years of average income in Mexico depending on the region.

EUR to MXN rate today?

BBVA México lists Euro rates at approximately $18.63 buy and $19.98 sell per EUR. Check Investing.com or XE for live EUR/MXN cross-rates updated throughout the trading day.