As of Saturday, February 22, 2025, the average exchange rate for the US Dollar in Mexico stands at 1 Dollar = 20.3087 Pesos.
⇧ 0.0063 Change 0.03%
- Buy Rate: 19.9043
- Sell Rate: 20.7131
Non-Banking Day
- This Week ⇧ 0.01 Change 0.04%
- This Month ⇩ -0.24 Change -1.18%
- This Quarter ⇩ -0.34 Change -1.63%
- This Year ⇩ -0.34 Change -1.63%
- Since Biden Administration ⇧ 0.69 Change 3.52%
- Since AMLO Administration ⇧ 0.22 Change 1.08%
Understanding the dollar price in Mexico, or precio del dolar en mexico, is crucial for individuals and businesses alike. Whether you are planning a trip, managing remittances, or monitoring international trade, knowing the current exchange rate between the US Dollar (USD) and the Mexican Peso (MXN) is essential. This article provides an updated overview of the dollar exchange rate in Mexico, comparing rates from different banks and financial institutions.
The current average dollar to peso exchange rate reflects a slight increase of 0.03% compared to the previous day. While today is a non-banking day, these figures provide a valuable snapshot of the market. For those looking to exchange currency, it’s important to note the difference between the buy and sell rates. The buy rate of 19.9043 pesos is the price banks are willing to pay for dollars, while the sell rate of 20.7131 pesos is the price at which they sell dollars.
Below is a comparative table showing the dollar price in Mexico offered by various banks and government entities today. These figures highlight the variations you can find across different institutions when exchanging currency.
| Entity | Buy Rate | Sell Rate |
|---|---|---|
| Afirme | 19.30 | 20.90 |
| Banco Azteca | 19.30 | 20.69 |
| Banco de México, FIX (Friday’s) | 20.3448 | |
| Banco de México, Interbank 48 hrs opening (Friday’s) | 20.311 | 20.318 |
| Banco de México, Interbank 48 hrs maximum (Friday’s) | 20.427 | |
| Banco de México, Interbank 48 hrs minimum (Friday’s) | 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 |
| For Payments | 20.3733 | |
| SAT, Tax Administration Service | 20.3733 | |
| Ve por mas (Friday’s) | 19.8098 | 21.0248 |
| Average | 19.9043 | 20.7131 |
| Average (including Banxico) | 20.3087 |
Analyzing the weekly, monthly, quarterly, and yearly changes provides context to the current dollar price in Mexico. The slight weekly increase of 0.04% suggests minor fluctuations in the short term. However, looking at the monthly, quarterly, and yearly figures, we see a decrease, indicating a general trend of peso appreciation against the dollar over these longer periods.
Recent News Affecting the Dollar Price in Mexico
Financial news outlets often provide insights into factors that can influence the USD to MXN exchange rate. Recent headlines from El Financiero, a Mexican financial newspaper, highlight factors that can indirectly impact currency exchange.
- Cetes, Mercado Pago, Klar, and Stori Lower Rates: Changes in interest rates offered by investment instruments in Mexico can influence investor sentiment and capital flows, potentially affecting the peso’s value.
- Bank Teller Complicity in Robberies: While seemingly unrelated, news regarding bank security and crime can impact public trust in financial institutions, which can have subtle effects on economic perceptions.
- Mexico’s Economic Outlook (Recession or Stagnation): Economic forecasts and analyses, like the one mentioning potential stagnation in Mexico’s economy, are crucial for understanding the broader economic context influencing the dollar price in Mexico.
- Nu Holdings Stock Fall: International financial events, such as the drop in Nu Holdings’ stock, can reflect broader market volatility that may spill over into currency markets.
- Trump’s Tariffs and US Economic Slowdown: Geopolitical factors, such as the potential impact of tariffs imposed by the US and warnings of a US economic slowdown, can significantly influence the Mexican Peso due to the close trade relationship between the two countries.
Yesterday’s Dollar News in Mexico
Looking back at yesterday’s news provides further insights into the evolving dollar price in Mexico.
- Mexico’s GDP Growth: Reports on Mexico’s GDP growth, especially if it’s lower than expected, can lead to peso depreciation as it signals potential economic weakness.
- Wall Street’s Reaction to China-US Trade Tensions: Global market reactions, like Wall Street’s response to trade tensions, can have ripple effects on emerging market currencies like the Mexican Peso.
- Trump’s Tariffs Threat: Continued threats of tariffs from the US can create uncertainty and negatively impact the peso’s value.
- Pemex Debt and Inconsistencies: News regarding the financial health of major Mexican companies like Pemex can influence investor confidence and currency valuation.
- Banxico’s Macroeconomic Scenario: Statements and analyses from Banco de México (Banxico), the central bank, regarding the macroeconomic scenario and potential interest rate cuts are closely watched by markets and directly impact the peso’s strength.
- Netflix Investment in Mexico: Positive news, such as significant foreign investment like Netflix’s, can have a positive effect on the Mexican economy and potentially strengthen the peso over time.
Conclusion
Monitoring the dollar price in Mexico requires staying informed about daily exchange rates from various banks and financial institutions, as well as understanding the broader economic and political news that can influence currency values. While the average dollar to Mexican peso exchange rate today is around 20.3087, actual rates will vary depending on the bank or exchange service you use. Keeping an eye on financial news and utilizing resources like this website can help you make informed decisions when dealing with currency exchange in Mexico.
