Understanding the Mexican Peso exchange rate against the US dollar is crucial for individuals and businesses alike. As of Sunday, February 23, 2025, the average exchange rate stands at 1 US Dollar = 20.3042 Mexican Pesos. This reflects a slight decrease of -0.02% or -0.0045 Pesos compared to previous rates. While today is a non-banking business day in Mexico, let’s delve into the current exchange scenario and what it means for you.
The current exchange rate indicates a buying price of 19.9011 MXN and a selling price of 20.7072 MXN per US dollar on average. Examining the trend over time, we see:
- This Week: The exchange rate remains virtually unchanged [⇨ 0.00 0%].
- This Month: There has been a decrease of -1.2% [⇩ -0.25] since January 31, 2025.
- This Quarter: A decrease of -1.66% [⇩ -0.34] compared to December 31, 2024.
- Year-to-Date: Similar to the quarterly trend, a -1.66% [⇩ -0.34] decrease from December 31, 2024.
- Since Biden Administration: An increase of 3.5% [⇧ 0.69] since January 19, 2021.
- Since AMLO Administration: A more modest increase of 1.06% [⇧ 0.21] since November 30, 2018.
These figures provide a snapshot of the fluctuating nature of currency exchange rates, influenced by various global and local economic factors.
To give you a more detailed view, here’s a comparison of the dollar to peso exchange rates offered by different Mexican banks and government entities today:
| Entity | USD | MXN | Buy | Sell |
|---|---|---|---|---|
| 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 | 19.8527 | 20.8632 | ||
| Monex | 19.37 | 21.41 | ||
| For obligations payments | 20.3733 | |||
| SAT, Tax Administration Service | 20.3733 | |||
| Ve por mas (Friday) | 19.8098 | 21.0248 | ||
| Average | 19.9011 | 20.7072 | 20.3042 |
It’s important to note that these rates are indicative and can fluctuate throughout the day. For the most accurate and up-to-date exchange rate, it is always recommended to consult directly with your bank or financial institution.
Latest Financial News Snippet
Stay informed with recent financial headlines. According to El Financiero, you can take steps to block unwanted bank calls using tools like REUS and REPEP. These resources help manage and prevent unsolicited calls from banks and financial service providers in Mexico. For more details, you can read the full article from El Financiero: ¿Estás ‘hasta el copete’ de las llamadas de los bancos?: Así las puedes bloquearlas con REUS y REPEP.
Yesterday’s Financial Highlights
In yesterday’s news from El Financiero, there were reports on adjustments to interest rates from various financial platforms. Cetes, Mercado Pago, Klar, and Stori have all lowered their rates. If you’re looking to invest 1000 pesos, it’s worth checking out which platform currently offers the most favorable returns. Read more in the full article: Cetes, Mercado Pago, Klar y Stori bajan sus tasas: ¿Cuál te da más si inviertes mil pesos?.
Another report from yesterday highlights the modus operandi of bank robberies targeting bank customers. El Financiero shared insights into how robbers operate, sometimes with potential accomplice tellers. Learn about these tactics in detail: ¿Los cajeros sí son cómplices? Así es el modus operandi de los asaltantes a clientes de bancos.
Disclaimer: Exchange rates are updated with public information every 7 minutes and are for reference purposes only. The expressed currency ‘US Dollar’ has the ISO4217 alphabetic code ‘USD’ and numeric ‘840’. The expressed currency ‘Mexican New Peso’ has the ISO4217 alphabetic code ‘MXN’ and numeric ‘484’.
