Convert Mexican Peso (MXN) to US Dollar (USD)

When to use MXN → USD

MXN to USD trades at small decimals — 1 peso buys about 5–6 US cents. Mexican payroll, real estate, and consumer prices are denominated in pesos; conversion to USD is the standard reference for cross-border families, US-based Mexican-owned businesses, and the substantial maquiladora export sector along the US border. The conversion is highly liquid; bid-ask spreads at major Mexican banks are tight (under 1 %) for amounts above MXN 50 000.

How to convert Mexican Peso to US Dollar

1. 1

   Enter your amount

   Type the value in Mexican Peso you want to convert into US Dollar.

2. 2

   Read the live rate

   At today's mid-market rate, 1 MXN equals 0.059163 USD. Your full amount is recalculated as you type.

3. 3

   Use the number, not the quote

   Banks, brokers, and card networks add a spread of 0.5–3 % on top of the mid-market rate. Treat Convertitive's number as a reference, not a price you can actually trade at.

MXN to USD conversion table

Common amounts at today’s rate of 1 MXN = 0.059163 USD.

Frequently asked questions

What is 1 Mexican Peso in US Dollar?

1 MXN = 0.059163 USD at today's mid-market rate.

What is 100 MXN in USD?

100 MXN = 5.9163 USD.

What is 1 USD in MXN?

1 USD = 16.9025 MXN — the inverse of the rate above.

Where do these rates come from?

The European Central Bank publishes daily reference rates around 16:00 CET. Convertitive consumes them through the Frankfurter open data service and refreshes its cache every hour.

How often is the rate updated?

Up to once per hour, and only when the ECB itself has issued a new value. Over weekends and holidays the displayed rate stays at the previous business day's close.

Why isn't this the rate my bank quotes?

Mid-market rates are a benchmark; retail banks and card networks add a spread on every conversion to cover their costs and margin. Expect that spread to be 1–3 % on most card transactions and 0.4–0.8 % at large brokers.

Can I use this for accounting or invoicing?

Use it as a reference. For official accounting, most jurisdictions require a documented rate from a central bank or your tax authority (which often publish their own daily values).

What's a 'mid-market' rate?

The midpoint between the buying and selling prices that wholesale banks quote each other. It's the closest thing to a 'real' rate for an individual to compare against.

About Mexican Peso and US Dollar

Other currency converters

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• USD → JPYUS Dollar to Japanese Yen
• JPY → USDJapanese Yen to US Dollar

Sources

• European Central Bank — euro foreign exchange reference rates
• Frankfurter — open ECB rates API