As of Friday, February 21, 2025, the average exchange rate for the US Dollar to Mexican Peso in Mexico stands at 1 USD = 20.3024 MXN.
This represents a slight increase of 0.0313 pesos or 0.15% compared to the previous day.
| Exchange Rate Data | Value (MXN per USD) |
|---|---|
| Average Rate | 20.3024 |
| Change from Previous Day | ⇧ 0.0313 (0.15%) |
| Buy Rate | 19.898 |
| Sell Rate | 20.7069 |
This dollar to peso exchange rate reflects the average observed in the Mexican market during the current business day.
Exchange Rate Trends Over Time:
- This Week (since Feb 16, 2025): ⇧ 0.00 (0.01%)
- This Month (since Jan 31, 2025): ⇩ -0.25 (-1.21%)
- This Quarter (since Dec 31, 2024): ⇩ -0.34 (-1.66%)
- This Year (since Dec 31, 2024): ⇩ -0.34 (-1.66%)
- Since Biden Administration Started (Jan 19, 2021): ⇧ 0.68 (3.49%)
- Since AMLO Administration Started (Nov 30, 2018): ⇧ 0.21 (1.05%)
These figures illustrate the fluctuations of the dollar to Mexican peso exchange rate over different periods, providing context for the current rate.
Dollar to Mexican Peso Exchange Rates at Major Banks in Mexico:
Below is a comparison table showing the dollar to Mexican peso exchange rates offered by different banks and financial institutions in Mexico today. These rates can vary slightly based on the institution and are indicative for informational purposes.
| Bank/Institution | Buy Rate (MXN) | Sell Rate (MXN) |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.30 | 20.69 |
| Banco de México, FIX | – | 20.3448 |
| Banco de México, Interbank 48 hrs (Open) | 20.311 | 20.318 |
| Banco de México, Interbank 48 hrs (Max) | – | 20.427 |
| Banco de México, Interbank 48 hrs (Min) | – | 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 (Official Federation Diary) | – | 20.3733 |
| Grupo Financiero Multiva | – | 20.31 |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.91 | 20.969 |
| Monex | 19.37 | 21.41 |
| For Obligations Payments | – | 20.4208 |
| SAT (Tax Administration Service) | – | 20.3733 |
| Ve por mas | 19.8098 | 21.0248 |
| Average (n=18) | 19.898 | 20.7069 |
| Median | 20.3024 |
Note: Banco de México FIX, DOF, SAT, and For Obligations Payments rates are official rates published by the Mexican government.
Latest News Affecting the Dollar to Peso Exchange Rate:
Stay informed on the factors influencing the USD to MXN exchange rate. Here are today’s top financial headlines from El Financiero, which may provide context to currency movements:
-
Nu Shares Plunge: Nu Holdings Ltd. shares experienced their worst session after releasing Q4 earnings, impacting market value due to financial results and economic uncertainty in Brazil.
Alt text: News headline from El Financiero about Nu Holdings stock decline affecting market value. -
Billionaire Warns of Trump Tariffs Impact: A billionaire investor cautions that Trump’s tariffs could slow down the US economy in the latter half of the year due to economic pressures.
Alt text: El Financiero article snippet: Billionaire pessimistic about US economy due to potential Trump tariffs. -
Pemex Debt and Dos Bocas Scrutiny: Mexico’s Superior Audit Office reveals that Pemex needs to clarify the destination of over 1 billion pesos related to debts and inconsistencies at the Dos Bocas refinery.
Alt text: News image from El Financiero concerning Pemex needing to clarify over 1 billion pesos in debt. -
Peso Weakens After Mexico’s GDP Data: The Mexican Peso’s advance slowed down after the release of Mexico’s GDP data, which showed a growth of only 0.5% in 2024, below estimations.
Alt text: El Financiero news excerpt about Mexican peso depreciation after GDP data release. -
Wall Street Tense Over China-US Trade Concerns: Wall Street reacts to China’s concerns regarding potential tariffs imposed by Donald Trump, causing the Dow Jones to fall.
Alt text: Financial news image from El Financiero showing Wall Street tension due to US-China trade relations. -
Trump Tariffs Looming: Donald Trump’s threats to impose tariffs on Mexico’s economy are approaching, raising concerns about potential economic impacts.
Alt text: News image from El Financiero about potential Trump tariffs affecting Mexican economy. -
Weak Mexican GDP Growth: Mexico’s GDP grew by a disappointing 0.5% in 2024, lower than expected, and the first quarterly contraction since 2021 was confirmed, signaling economic headwinds.
Alt text: El Financiero news image highlighting Mexico’s lower than expected 0.5% GDP growth in 2024. -
Veracruz as Investment Hub: Veracruz is emerging as a key investment destination in Southern Mexico, particularly highlighting the Interoceanic Corridor’s potential after the Council of the Americas forum.
Alt text: News photo from El Financiero showcasing Veracruz as a rising investment center in southern Mexico. -
Banxico’s Macroeconomic Outlook: Banco de México suggests that consumption and investment might remain sluggish, facing headwinds due to an uncertain economic outlook.
Alt text: El Financiero opinion piece image on Banxico’s macroeconomic scenario and uncertain investment climate. -
Tesla’s Gigafactory in Question: The status of Tesla’s potential Gigafactory in Nuevo León remains uncertain, despite initial announcements of a significant investment nearly two years prior.
Alt text: News image from El Financiero questioning the progress of Tesla’s Gigafactory in Nuevo León. -
Banxico’s Objectives: Banco de México’s primary goal of achieving and maintaining 3% inflation appears to have taken a backseat to other concerns.
Alt text: El Financiero opinion article image about Banxico’s shifting priorities beyond inflation targets. -
Banxico Dismisses Rate Cut Halt: Despite economic uncertainty, Banco de México dismisses the possibility of halting interest rate cuts, suggesting potential further reductions.
Alt text: News image from El Financiero indicating Banco de México will likely continue interest rate cuts despite uncertainty. -
Netflix to Invest $1 Billion in Mexico: Netflix announces a significant $1 billion investment to produce films and series in Mexico, supporting local talent and creative programs.
Alt text: El Financiero news snippet about Netflix investing $1 billion in film and series production in Mexico.
These news headlines are automatically updated and provide a snapshot of the economic factors that can influence the dollar to Mexican peso exchange rate.
Disclaimer: Exchange rates are updated every 7 minutes with publicly available information. The values provided are for reference purposes only. The dollar currency is expressed as ‘US Dollar’ with the ISO4217 alphabetic code ‘USD’ and numeric ‘840’. The peso currency is expressed as ‘Mexican New Peso’ with the ISO4217 alphabetic code ‘MXN’ and numeric ‘484’.
