As of Wednesday, February 26, 2025, the average exchange rate for the US dollar to Mexican Peso in Mexico stands at 1 USD = 20.392 MXN.
⇧ 0.0047 0.02%
This reflects a slight increase of 0.02% compared to the previous day. For today’s transactions, the average buy rate is around 19.9945 MXN per USD, while the average sell rate is approximately 20.7895 MXN per USD. Keep in mind that these are average rates and can fluctuate throughout the day and vary between different financial institutions.
Analyzing trends over different periods:
- This Week: The Peso has strengthened slightly ⇧ 0.09 or 0.43% compared to the beginning of the week.
- This Month: Looking back at the last month, the Peso has shown a decrease in value ⇩ -0.16 or -0.77%.
- This Quarter: Over the last three months, the Mexican Peso has depreciated ⇩ -0.25 or -1.23%.
- Year-to-Date: Similar to the quarterly trend, the Peso is weaker ⇩ -0.25 or -1.23% compared to the start of the year.
- Since Biden Administration Began: The Dollar has gained value ⇧ 0.77 or 3.95% against the Peso since the beginning of the Biden administration.
- Since AMLO Administration Began: There has also been an increase in the Dollar’s value ⇧ 0.30 or 1.5% since the start of the AMLO administration in Mexico.
Understanding these trends can provide context, but for the most accurate and up-to-the-minute exchange rate, it’s crucial to consult real-time data and compare rates from various financial institutions.
Mexican Banks and Exchange Rates Today
To provide a comprehensive overview, here’s a comparison table of the Dollar to Mexican Peso exchange rates offered by different banks and government entities in Mexico today. These rates can vary based on the institution and are subject to change.
Institution | USD to MXN | Buy Rate | Sell Rate |
---|---|---|---|
Afirme | 19.50 | 21.10 | |
Banco Azteca | 19.45 | 20.84 | |
Banco de México, FIX (Tuesday’s) | 20.4683 | ||
Banco de México, Interbank 48 hrs Opening (Tuesday’s) | 20.4455 | 20.452 | |
Banco de México, Interbank 48 hrs Maximum (Tuesday’s) | 20.55 | ||
Banco de México, Interbank 48 hrs Minimum (Tuesday’s) | 20.396 | ||
Bank of America | 19.3798 | 21.645 | |
Banorte | 19.20 | 20.70 | |
BBVA Bancomer | 19.61 | 20.75 | |
Citibanamex | 19.84 | 20.97 | |
DOF, Diario Oficial de la Federación | 20.4683 | ||
Grupo Financiero Multiva | 20.48 | ||
Inbursa | 19.90 | 20.90 | |
Intercam | 19.967 | 20.98 | |
Monex | 19.45 | 21.50 | |
For Obligations Payments | 20.464 | ||
SAT, Servicio de Administración Tributaria | 20.4683 | ||
Ve por mas | 19.8636 | 21.0786 |
Note: The Banco de México (Bank of Mexico) rates listed as “Tuesday’s” are official rates that are typically published with a slight delay. For real-time interbank rates, it’s recommended to check financial data providers directly.
Factors Influencing the USD to MXN Exchange Rate
The Mexican Peso to US Dollar exchange rate is influenced by a variety of factors, reflecting the economic and political relationship between Mexico and the United States, as well as global economic conditions. Some key factors include:
- US-Mexico Trade Relations: As highlighted in recent news, discussions and policies regarding trade between the two countries, including tariffs and trade agreements, can significantly impact the Peso’s value.
- Mexican Economic Performance: Mexico’s economic health, including inflation rates, GDP growth, and employment figures, plays a crucial role. Strong economic indicators tend to strengthen the Peso.
- US Economic Performance: Similarly, the strength of the US economy and the Federal Reserve’s monetary policy decisions affect the Dollar’s global value and consequently its exchange rate with the Peso.
- Interest Rate Differentials: Differences in interest rates between Mexico and the US can attract or deter foreign investment, influencing currency demand and exchange rates.
- Global Market Sentiment: Global events, risk appetite, and investor sentiment towards emerging markets like Mexico can also cause fluctuations in the exchange rate.
- Oil Prices: As a significant oil producer, Mexico’s economy and currency can be sensitive to changes in global oil prices.
It’s important to stay informed about these factors to understand the dynamics of the Mexican Peso to USD exchange rate.
News Update on the Dollar Exchange Rate
Recent news indicates ongoing discussions between Mexico and the US regarding bilateral trade. Marcelo Ebrard, a prominent Mexican official, has been in Washington discussing trade relations. These discussions are particularly relevant as potential tariffs and trade policies can create volatility in the currency exchange market, impacting the “Cotizacion Dolar En Mexico Hoy.”
Economic analysis suggests that the Mexican economy has been facing negative trends, potentially influencing the Peso’s performance against the Dollar. Monitoring these economic indicators and policy developments is crucial for anyone tracking the Mexican Peso to USD exchange rate.
Disclaimer: Exchange rates are constantly fluctuating. The information provided here is for informational purposes only and should not be considered financial advice. For the latest and most accurate exchange rates, please consult with financial institutions directly. Rates are updated with public information approximately every 7 minutes. These figures are reference data only. The dollar currency expressed is the ‘US Dollar’ with the ISO4217 alphabetic code ‘USD’ and the numeric code ‘840’. The peso currency expressed is the ‘Mexican New Peso’ with the ISO4217 alphabetic code ‘MXN’ and the numeric code ‘484’.
Alt text for the first image: Marcelo Ebrard, Mexican Foreign Minister, meets with US officials in Washington to discuss bilateral trade relations and potential tariffs impacting the Mexican Peso exchange rate.
Alt text for the second image: Economic chart depicting a downward trend, illustrating potential economic depression in Mexico which can influence the Mexican Peso to USD exchange rate.