Understanding the dollar to Mexican Peso exchange rate is crucial for anyone involved in business, travel, or financial transactions between the United States and Mexico. As of Saturday, February 22, 2025, the average exchange rate is 1 US Dollar = 20.3087 Mexican Pesos.
This represents a slight increase of 0.03% or 0.0063 pesos compared to the previous rate. While seemingly small, these fluctuations can be significant in larger transactions. The current average buy rate is 19.9043 pesos per dollar, and the average sell rate is 20.7131 pesos per dollar.
It’s important to note that today is a bank holiday in Mexico. This means that the rates provided are largely based on the closing rates from the last business day, Friday, February 21st. For the week, the dollar has seen a slight increase of 0.04%. Over the last month, however, the peso has strengthened against the dollar by 1.18%. Looking further back, the peso has also gained value against the dollar over the quarter and the year, showing a 1.63% and 1.63% decrease respectively.
When considering longer-term trends, since President Biden took office, the dollar has appreciated by 3.52% against the peso. Since President AMLO took office in Mexico, the dollar has appreciated by 1.08% against the peso. These longer-term figures provide context to the daily fluctuations and can be helpful for understanding broader economic trends.
For a more detailed look at today’s exchange rates, here is a comparison table from various Mexican banks and government entities. Keep in mind that these rates can vary slightly and are indicative.
| Entity | Buy Rate (Pesos) | Sell Rate (Pesos) |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.30 | 20.69 |
| Banco de México, FIX (Friday) | 20.3448 | |
| Banco de México, Interbank 48 hrs Opening (Friday) | 20.311 | 20.318 |
| Banco de México, Interbank 48 hrs Maximum (Friday) | 20.427 | |
| Banco de México, Interbank 48 hrs Minimum (Friday) | 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 Multiva | 20.47 | |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.91 | 20.969 |
| Monex | 19.37 | 21.41 |
| Para pagos de obligaciones (For obligations payments) | 20.3733 | |
| SAT, Servicio de Administración Tributaria (Tax Authority) | 20.3733 | |
| Ve por mas (Friday) | 19.8098 | 21.0248 |
| Average | 19.9043 | 20.7131 |
| Average Rate | 20.3087 |
As you can see from the table, the exchange rate can vary slightly depending on the institution. Banks like Banorte and Bank of America tend to offer slightly lower buy rates, while entities like Intercam and Ve por mas have higher sell rates. The official rates from Banco de México and government entities like DOF and SAT are also listed for reference.
Staying informed about the dollar to peso exchange rate is essential for managing finances and understanding the economic landscape between the US and Mexico. Keep checking back for updated rates and further analysis as the market fluctuates.
Disclaimer: Exchange rates are constantly changing. This information is for reference only and should not be considered financial advice. Always consult with a financial professional for specific financial decisions.
