As of Monday, February 24, 2025, the average exchange rate between the US Dollar and the Mexican Peso in Mexico stands at 1 USD = 20.3657 MXN.
This reflects a slight increase of 0.061 or 0.3% from the previous day, indicating minor fluctuations in the currency market. For individuals and businesses dealing with currency exchange in Mexico, staying informed about these daily shifts is crucial for making financially sound decisions.
The data reveals a buying rate of 19.9694 MXN and a selling rate of 20.7619 MXN for the US dollar. These figures represent the average across different financial institutions in Mexico. It’s important to note that these are average rates, and the actual exchange rate can vary depending on where you exchange currency.
Analyzing the recent trends, the Mexican Peso has experienced some movement against the US Dollar:
- Week-on-week: Increased by 0.06 or 0.3% compared to February 23, 2025.
- Month-on-month: Decreased by -0.19 or -0.9% compared to January 31, 2025.
- Quarter-on-quarter: Decreased by -0.28 or -1.36% compared to December 31, 2024.
- Year-to-date: Decreased by -0.28 or -1.36% compared to December 31, 2024.
- Since Biden Administration: Increased by 0.75 or 3.81% since January 19, 2021.
- Since AMLO Administration: Increased by 0.27 or 1.37% since November 30, 2018.
These figures provide a broader context for understanding the current exchange rate in relation to recent periods and administrations.
Below is a comparative table displaying the dollar to peso exchange rates offered by various banks and government entities in Mexico today. This allows for a detailed comparison to find the most favorable exchange rates for your transactions.
| Institution | USD to MXN | Buy Rate | Sell Rate |
|---|---|---|---|
| Afirme | 19.50 | 21.10 | |
| Banco Azteca | 19.45 | 20.64 | |
| Banco de México, FIX | 20.464 | ||
| Banco de México, Interbank 48 hrs (Open) | 20.498 | 20.505 | |
| Banco de México, Interbank 48 hrs (Max) | 20.509 | ||
| Banco de México, Interbank 48 hrs (Min) | 20.381 | ||
| Bank of America | 19.3424 | 21.5983 | |
| Banorte | 19.20 | 20.80 | |
| BBVA Bancomer | 19.61 | 20.77 | |
| Citibanamex | 19.84 | 20.97 | |
| DOF, Diario Oficial de la Federación | 20.3448 | ||
| Grupo Financiero Multiva | 20.47 | ||
| Inbursa | 19.90 | 20.90 | |
| Intercam | 19.9391 | 20.9966 | |
| Monex | 19.43 | 21.48 | |
| For Obligations Payments | 20.3733 | ||
| SAT, Servicio de Administración Tributaria | 20.3448 | ||
| Ve por mas | 19.8531 | 21.0681 | |
| Average (n=18) | 19.9694 | 20.7619 | |
| Average Rate | 20.3657 |
Latest News on the Dollar Exchange Rate:
Stay informed with the latest financial news that may influence the USD to MXN exchange rate. Recent headlines from El Financiero highlight factors potentially affecting the peso’s value. These include discussions around inflation, international trade, and economic forecasts. Keeping an eye on financial news outlets can provide valuable context for understanding exchange rate movements.
Disclaimer: Exchange rates are updated with public information every 7 minutes. The amounts provided are for reference purposes only. The currency denoted as ‘dollar’ is the US Dollar (USD), and ‘peso’ refers to the Mexican New Peso (MXN).
