For individuals keeping a close eye on currency exchange rates, particularly the fluctuations between the US Dollar (USD) and the Mexican Peso (MXN), understanding the daily movements is crucial. Today, Friday, February 21, 2025, the average exchange rate stands at 1 US Dollar equating to 20.3024 Mexican Pesos.
This figure represents a slight increase of 0.0313 pesos, or a 0.15% uptick from the previous day, indicating a minor strengthening of the dollar against the peso in the immediate short term. For those looking to exchange currency, it’s important to note the buying and selling rates. Today’s rates show an average buy price of 19.898 pesos per dollar and a sell price of 20.7069 pesos per dollar. These rates can fluctuate throughout the day and vary between different financial institutions.
Analyzing the Dollar to Peso Exchange Rate Trends
To gain a broader perspective, let’s examine the exchange rate’s performance over different time frames:
- This Week: Compared to the start of the week (February 16, 2025), the exchange rate has seen a minimal increase of 0.00 pesos, essentially remaining stable with a 0.01% change.
- This Month: Looking back to January 31, 2025, the peso has slightly weakened against the dollar, with a decrease of -0.25 pesos, or -1.21%.
- This Quarter: Since the end of last year (December 31, 2024), the trend of peso depreciation continues, showing a decrease of -0.34 pesos or -1.66%.
- Year-to-Date: Mirroring the quarterly trend, the year-to-date change also reflects a decrease of -0.34 pesos or -1.66% since December 31, 2024.
- Since Biden Administration: When considering the period since January 19, 2021, coinciding with the Biden administration’s start, the dollar has appreciated by 0.68 pesos against the Mexican peso, representing a 3.49% increase.
- Since AMLO Administration: Looking further back to November 30, 2018, marking the beginning of the AMLO administration, the dollar has increased by 0.21 pesos, a 1.05% rise against the peso.
Understanding these trends can provide valuable context for businesses, travelers, and individuals managing finances across the US-Mexico border.
Comparing Exchange Rates Across Mexican Banks Today
For those seeking the most advantageous exchange rates, it’s essential to compare offerings from various banks and financial entities within Mexico. Below is a comparative table of today’s dollar to peso exchange rates from a selection of Mexican banks and government entities:
| Entity | Buy Rate (Pesos) | Sell Rate (Pesos) |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.30 | 20.69 |
| Banco de México, FIX | – | 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 Multiva | – | 20.31 |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.91 | 20.969 |
| Monex | 19.37 | 21.41 |
| Para pagos de obligaciones | – | 20.4208 |
| SAT, Servicio de Administración Tributaria | – | 20.3733 |
| Ve por mas | 19.8098 | 21.0248 |
| Average | 19.898 | 20.7069 |
| Weighted Average | – | 20.3024 |
n = 18 (Number of entities included in the average calculation)
This table provides a snapshot of the varying exchange rates offered across different institutions, highlighting the importance of comparison when exchanging currency.
Latest News Affecting the Dollar to Mexican Peso Exchange Rate
Several recent news headlines from El Financiero shed light on factors potentially influencing the dollar to Mexican peso exchange rate:
2025: Recession or Stagnation? Economic analysts are debating whether Mexico’s economy is heading towards a recession or merely experiencing stagnation. Banxico’s quarterly report anticipates low growth, adding uncertainty to the economic outlook.
Nu Shares Fall: Financial Results and Economic Uncertainty in Brazil Impact Stock. Nu Holdings Ltd. experienced a significant drop in market value after releasing Q4 earnings, reflecting broader economic uncertainties in the region, including Brazil, which can indirectly influence investor sentiment towards emerging markets like Mexico.
Billionaire Warns Trump Tariffs Will Slow US Economy: ‘I’m Quite Pessimistic.’ Potential tariffs imposed by the Trump administration are predicted to decelerate US economic growth in the latter half of the year. Given the close economic ties between the US and Mexico, such US economic shifts can have ripple effects on the Mexican economy and the peso’s value.
Where’s the Money? Pemex Must Clarify Destination of Over 1 Billion MXN Due to Debts and Inconsistencies at Dos Bocas. The Superior Audit Office revealed that Pemex needs to clarify the use of 1.105 billion pesos from 2023. Scrutiny of Pemex’s finances, a major state-owned entity, can impact investor confidence and the perceived stability of the Mexican economy.
Dollar Halts Peso Gains After Mexico’s GDP Data: How Much Does the Exchange Rate Depreciate TODAY? Mexico’s economy grew by only 0.5% in 2024, less than anticipated, with a contraction in the last quarter. This slower-than-expected growth has weakened the peso against the dollar.
Wall Street ‘Gets Tense’ Over China’s ‘Complaint’ to US Treasury Secretary: Dow Jones Falls 0.83%. Wall Street reacted negatively to China’s concerns about potential US tariffs. Global market volatility, especially influenced by US-China relations, can indirectly affect the Mexican peso.
Tick-Tock, Trump Tariffs Are Coming: What Agreements Did Marcelo Ebrard Achieve in the US? The threat of tariffs from the US towards Mexico continues to loom, creating economic uncertainty and potential pressure on the peso.
Bad to Worse: Mexico’s GDP Grew 0.5% in 2024, Less Than Estimated. Mexico’s GDP growth in 2024 was lower than expected, and the economy contracted for the first time since 2021. This economic slowdown is seen as a negative signal, particularly with the backdrop of potential US tariffs.
From Bad to Worse: Mexico’s GDP Grew 0.5% in 2024, Less Than Estimated. (Duplicate Headline – Same article as above, reiterating the weak GDP growth and economic contraction).
Veracruz Emerges as Investment Hub in Southern Mexico. Despite broader economic concerns, Southern Mexico, particularly Veracruz, is highlighted as a region with investment potential, especially linked to the Interoceanic Corridor project. Regional investment can have localized positive economic impacts.
Banxico’s Macroeconomic Scenario. Banco de México indicates that consumption and investment are expected to remain somewhat sluggish, especially considering headwinds facing investment amid a particularly uncertain outlook. Banxico’s perspective on the macroeconomic scenario is a key indicator for financial markets.
Luz Araceli González: What About the Tesla Gigafactory? The status of the Tesla Gigafactory investment in Nuevo León, previously celebrated, is questioned. Large foreign investments like the Tesla factory can significantly impact the Mexican economy and currency value.
What is Banxico Looking For? Banxico’s primary goal of achieving and maintaining 3% inflation seems to have taken a backseat. Changes in Banxico’s monetary policy focus can influence exchange rates and market expectations.
Banco de México Dismisses Halt to Rate Cuts Due to Uncertainty. Analysts anticipate another half-point cut in the monetary policy decision on March 27th, potentially lowering the interest rate to 9.0%. Changes in interest rates are a major factor affecting currency exchange rates.
Netflix to Invest 1 Billion USD to Produce Films and Series in Mexico: How Many Productions Per Year? Netflix announced a significant investment in Mexican film and series production. Foreign direct investment can positively impact a country’s economy and currency.
Conclusion
In summary, as of February 21, 2025, the dollar to Mexican peso exchange rate is experiencing minor fluctuations. Economic indicators, including slower GDP growth in Mexico, global economic uncertainties, and potential US trade policies, are all factors influencing these movements. For those needing to exchange currency, comparing rates across different banks and financial institutions remains a prudent strategy to secure the most favorable terms. Staying informed about these economic news developments can provide a more nuanced understanding of the factors driving the precio dolar mexico hoy and future exchange rate trends.
Last updated with public information every 7 minutes. Amounts are reference data only. The dollar currency expressed is the ‘US Dollar’ with ISO4217 alphabetic code ‘USD’ and numeric ‘840’. The peso currency expressed is the ‘Mexican New Peso’ with ISO4217 alphabetic code ‘MXN’ and numeric ‘484’. 20250221221009675
