As of Friday, February 21, 2025, the average exchange rate between the US Dollar and the Mexican Peso in Mexico stands at 1 Dollar = 20.3024 Pesos.
This reflects a slight increase of 0.0313 pesos or 0.15% compared to the previous day, indicating a minor fluctuation in the Cotizacion Del Dolar En Mexico. For individuals and businesses tracking the USD to MXN exchange rate, it’s crucial to consider both the buying and selling rates which are currently:
- Buy Rate: 19.898 Mexican Pesos per US Dollar
- Sell Rate: 20.7069 Mexican Pesos per US Dollar
These figures represent the average dollar exchange rate in Mexico across various banks and financial institutions for the current business day.
Analyzing the recent trends in the Mexican Peso exchange rate reveals:
- This Week: A marginal increase of 0.00 pesos or 0.01% since February 16, 2025.
- This Month: A decrease of -0.25 pesos or -1.21% since January 31, 2025.
- This Quarter: A decrease of -0.34 pesos or -1.66% since December 31, 2024.
- This Year (Year-to-Date): A decrease of -0.34 pesos or -1.66% since December 31, 2024.
- Since Biden Administration Began: An increase of 0.68 pesos or 3.49% since January 19, 2021.
- Since AMLO Administration Began: An increase of 0.21 pesos or 1.05% since November 30, 2018.
These figures provide a historical context for the current dollar to peso exchange rate, showing both short-term volatility and longer-term trends impacting the value of the Mexican Peso.
The table below compares the dollar exchange rates in Mexico offered by different banks and government entities today. This comparison highlights the variations available when you exchange dollars to pesos in Mexico.
| Entity | Buy Rate (Pesos) | Sell Rate (Pesos) |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.30 | 20.69 |
| Banco de México, FIXFIX | – | 20.3448 |
| Banco de México, Interbancario 48 hrs Apertura | 20.311 | 20.318 |
| Banco de México, Interbancario 48 hrs Máximo | 20.427 | – |
| Banco de México, Interbancario 48 hrs Mínimo | 20.307 | – |
| Bank of America | 19.2678 | 21.5054 |
| Banorte | 19.15 | 20.70 |
| BBVA Bancomer | 19.50 | 20.83 |
| Citibanamex | 19.79 | 20.92 |
| DOF, Diario Oficial de la Federación | – | 20.3733 |
| Grupo Financiero MultivaMultiva | 20.31 | – |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.91 | 20.969 |
| Monex | 19.37 | 21.41 |
| Para pagos de obligacionesPara pagos | – | 20.4208 |
| SAT, Servicio de Administración Tributaria | – | 20.3733 |
| Ve por mas | 19.8098 | 21.0248 |
| Average | 19.898 | 20.7069 |
| Average (including Banco de México FIX) | 20.3024 | – |
Note: “Banco de México, FIXFIX” is used for official exchange rate purposes. Interbank rates from Banco de México represent rates between banks and are indicators of market trends.
Today’s Dollar News in Mexico
Several news headlines are currently impacting the dollar peso exchange rate and the Mexican economy:
- Billionaire Warns of Trump Tariffs Impact: A prominent billionaire has cautioned that potential tariffs from the Trump administration could significantly slow down the US economy, indirectly affecting Mexico and the USD to MXN rate.
- Pemex Scrutiny Over Missing Funds: Mexican state-owned oil company Pemex is under investigation to clarify the whereabouts of over 1 billion pesos, raising concerns about financial transparency and potentially impacting investor confidence in the Mexican economy, which can influence the peso dollar exchange rate.
- Peso Weakens After GDP Data: Following the release of Mexico’s GDP data showing a growth of only 0.5% in 2024 – lower than expected – and a contraction in the last quarter, the Mexican Peso has experienced a slight depreciation against the dollar. This economic data is a key factor influencing the cotización del dolar vs peso mexicano.
- Wall Street Tensions over US-China Trade: Global market anxieties are rising due to China’s reaction to US trade policies, causing volatility in Wall Street and potentially influencing the dollar exchange rate in Mexico as part of broader market reactions.
- Looming Trump Tariffs on Mexico: The threat of new tariffs from the US on Mexican goods is a significant concern, creating uncertainty and potentially pressuring the Mexican Peso, thus affecting the dollar to peso exchange rate today.
- Mexico’s GDP Growth Disappoints: The confirmed 0.5% GDP growth for Mexico in 2024, along with economic contraction in the last quarter, is seen as a negative signal, especially considering the external economic pressures from the US, further impacting the exchange rate of dollar to peso.
Conclusion
The dollar to Mexican peso exchange rate is subject to continuous fluctuations influenced by various factors, including economic news, international trade relations, and market sentiment. Today’s average rate is 20.3024 pesos per dollar, but it’s essential to monitor real-time updates and consider different bank rates for the most favorable exchange when converting USD to MXN or vice versa. Keep in mind that these rates are indicative and for informational purposes only. For precise transactional rates, always consult directly with financial institutions.
