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US Dollar to Mexican Peso Exchange Rate
Mid-market USD/MXN rate — the fairest rate, before provider markups.
17.4110MXN
1 USD = 17.4110 MXN
1 MXN = 0.05744 USD
Source: median of multiple independent feeds. For indicative purposes only.
USD to MXN Conversion Table
100 USD
1,741.1 MXN
500 USD
8,705.48 MXN
1,000 USD
17,410.97 MXN
5,000 USD
87,054.83 MXN
10,000 USD
174,109.67 MXN
25,000 USD
435,274.16 MXN
50,000 USD
870,548.33 MXN
100,000 USD
1,741,096.66 MXN
Based on mid-market rate. Actual provider rates will differ — compare below.
Compare USD to MXN Transfer Rates
What you'd actually receive sending 1,000 USD via each provider today.
17,556.23
MXN received
Paysend
Rate 17.4040 · 0.99 USD fee · 2 days
17,386.77
MXN received
InstaReM
Rate 17.3849 · No fee · 1-3 business days
17,384.85
MXN received
Revolut
Rate 17.3274 · 1.50 USD fee · 0-1 days
17,301.4
MXN received
Wise
Rate 17.4092 · 7.67 USD fee · Instant
17,275.7
MXN received
TapTap Send
Rate 17.2508 · No fee · Under 3 minutes (95% of transfers)
17,250.79
MXN received
Sendwave
Rate 17.2717 · 1.99 USD fee · Instant
17,237.31
MXN received
BOSS Money
Rate 17.2020 · No fee · Instant
17,202.03
MXN received
| Provider | Rate | Fee | You Receive | Speed |
|---|---|---|---|---|
| Xoom (PayPal)Best rate | 17.6443 | 4.99 USD | 17,556.23 MXN | Minutes to 3 days |
| Paysend | 17.4040 | 0.99 USD | 17,386.77 MXN | 2 days |
| InstaReM | 17.3849 | Free | 17,384.85 MXN | 1-3 business days |
| Revolut | 17.3274 | 1.50 USD | 17,301.4 MXN | 0-1 days |
| Wise | 17.4092 | 7.67 USD | 17,275.7 MXN | Instant |
| TapTap Send | 17.2508 | Free | 17,250.79 MXN | Under 3 minutes (95% of transfers) |
| Sendwave | 17.2717 | 1.99 USD | 17,237.31 MXN | Instant |
| BOSS Money | 17.2020 | Free | 17,202.03 MXN | Instant |
Understanding the USD/MXN Exchange Rate
Mexico is the largest recipient of remittances from the United States, receiving over $63 billion in 2025. The USD/MXN rate is highly liquid and influenced by US-Mexico trade flows, Banxico (Bank of Mexico) interest rate decisions, oil prices, and broader risk sentiment. Mexico's SPEI instant payment system means bank deposits arrive within seconds once processed.
Key things to know
- SPEI enables near-instant bank deposits — most providers deliver within minutes during business hours
- Oxxo cash pickup is popular for recipients without bank accounts (available via Western Union, Remitly)
- The peso has strengthened significantly since 2023, making it a more expensive corridor for USD senders
- Funding via ACH typically saves $3–5 compared to debit card funding
Tip
Mexico's SPEI system makes this one of the fastest corridors in the world. If speed is your priority, choose a provider that supports SPEI payout — your recipient could have the money in minutes.
USD/MXN Rate History
Track how provider rates have changed over time. See which providers consistently offer the best USD to MXN rates.
How we calculate the USD/MXN mid-market rate
The mid-market rate is the midpoint between the buy and sell prices on global currency markets — it's the fairest exchange rate available. We aggregate data from 4 independent sources and take the median value, which eliminates outliers and provides a more reliable rate than any single source.
When a money transfer provider quotes you a rate, compare it against the mid-market rate shown on this page. The difference is the provider's markup — their profit on the currency conversion. On the USD/MXN pair, the best providers typically mark up by 0.2–0.8%, while banks can mark up by 2–5%.
Related Exchange Rates
Frequently asked questions about USD to MXN
What is the mid-market USD/MXN exchange rate today?
The mid-market rate for USD to MXN today is 17.4110, meaning 1 US Dollar buys 17.4110 Mexican Peso. The inverse rate is 1 MXN = 0.05744 USD. This is the interbank reference rate — money transfer providers apply a markup above this, so the rate you receive will be slightly lower.
What moves the USD/MXN exchange rate?
SPEI enables near-instant bank deposits — most providers deliver within minutes during business hours. Oxxo cash pickup is popular for recipients without bank accounts (available via Western Union, Remitly). Mexico is the largest recipient of remittances from the United States, receiving over $63 billion in 2025.
Which provider offers the best US Dollar to Mexican Peso rate?
Based on today's quotes, Xoom (PayPal) is offering the best USD to MXN rate — sending 1,000 USD gives your recipient 17,556.23 MXN. Rankings shift daily, so compare the full table above before every transfer. Mexico's SPEI system makes this one of the fastest corridors in the world. If speed is your priority, choose a provider that supports SPEI payout — your recipient could have the money in minutes.
How much does it cost to convert US Dollar to Mexican Peso?
The total cost of a USD to MXN transfer has two parts: the exchange rate markup (the gap between the mid-market rate and the provider's rate) and any flat fee. The best specialist providers on this corridor typically charge a markup of 0.2–0.8% plus a small flat fee, while banks can add 2–5% in markup. The table above shows you exactly how much MXN your recipient would receive from each provider on a 1,000 USD transfer.