Convert MXN to USD, Free
Live exchange rates updated daily. Enter any MXN amount for the USD equivalent.
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How to convert MXN to USD
The Mexican peso and US dollar exchange rate fluctuates throughout each trading day, influenced by oil prices, US Federal Reserve decisions, Bank of Mexico policy, trade flows between the two countries (which are among each other's largest trading partners), and broader emerging market sentiment. Because the rate moves continuously, any hardcoded conversion factor you find in a reference table or old spreadsheet is likely to be off by at least a few percent.
This converter fetches the current MXN/USD rate from a live market data source and applies it to the amount you enter. The math runs instantly in your browser. Common use cases include pricing products across the border, freelance invoicing between Mexico and the US, remittance planning, and travel budgeting.
Enter the peso amount
Type the MXN amount you want to convert. The converter accepts any positive number including decimals.
Check the live rate
The current MXN/USD exchange rate is shown next to the input. This is the mid-market rate; actual rates at banks and money transfer services will include a spread.
Read the USD result
The dollar equivalent appears immediately. Formula: USD = MXN / current MXN per USD rate.
Account for fees
For real transactions, subtract the fee your bank or transfer service charges. Services like Wise typically add 0.4 to 0.8 percent; bank wire transfers can add 3 to 5 percent above the mid-market rate.
Frequently asked questions
Why does the rate at my bank differ from what this converter shows?
This converter shows the mid-market rate, which is the midpoint between the buy and sell rates on the interbank market. Banks and exchange services make profit by quoting rates above (when selling USD) or below (when buying USD) the mid-market rate. The difference is their margin.
What drives the peso's value relative to the dollar?
Key factors include Mexico's oil export revenues (MXN is sensitive to oil prices), US Federal Reserve interest rates (higher US rates attract capital away from pesos), trade balance with the US, and inflation differentials between the two countries.
Is $1 USD still worth 17 pesos?
Exchange rates change daily; check the live rate shown on this page for the current figure rather than relying on any fixed number.
How do I convert USD to MXN instead?
Use the reverse converter or multiply the USD amount by the current MXN per USD rate shown on this page.