Today, Monday, February 24, 2025, the average exchange rate for the dollar in Mexico stands at 1 Dollar = 20.3668 Pesos.
⇧ 0.0621 0.31%
Buy Rate 19.9718
Sell Rate 20.7617
Daily Bank Rate
Weekly Change ⇧ 0.06 0.31%
Monthly Change ⇩ -0.18 -0.9%
Quarterly Change ⇩ -0.28 -1.35%
Yearly Change ⇩ -0.28 -1.35%
Change Since Biden Administration ⇧ 0.75 3.82%
Change Since AMLO Administration ⇧ 0.28 1.37%
Understanding the dollar value in Mexico is essential for individuals and businesses alike. The current exchange rate provides a snapshot of the economic landscape and influences various financial decisions. As of today, the Mexican Peso stands at 20.3668 against the US dollar on average. This figure represents a slight increase of 0.31% compared to the previous day. Fluctuations in the dollar to peso exchange rate are driven by a multitude of factors, ranging from inflation and interest rates to global economic events and political stability. Monitoring these changes is crucial for anyone dealing with currency exchange between USD and MXN.
The tables below provide a detailed comparison of dollar values across different Mexican banks and governmental entities, offering a comprehensive view of where to find the most competitive exchange rates.
| Institution | USD to MXN | Buy Rate | Sell Rate |
|---|---|---|---|
| Afirme | 19.50 | 21.10 | |
| Banco Azteca | 19.45 | 20.64 | |
| Banco de México, FIXFIX | 20.464 | ||
| Banco de México, Interbank 48 hrs Opening | 20.498 | 20.505 | |
| Banco de México, Interbank 48 hrs Maximum | 20.509 | ||
| Banco de México, Interbank 48 hrs Minimum | 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 MultivaMultiva | 20.47 | ||
| Inbursa | 19.90 | 20.90 | |
| Intercam | 19.9824 | 20.9929 | |
| 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) | 19.9718 | 20.7617 | |
| Average of averages | 20.3668 |
Analyzing the historical trends provides further context to the current dollar value in Mexico. Looking at the past week, month, quarter, and year, we can observe fluctuations and general trends. The Peso has experienced a slight increase against the dollar this week, mirroring today’s daily change. However, when considering the monthly, quarterly, and yearly perspectives, the Peso has slightly depreciated against the dollar. Political events also play a role; since the beginning of the Biden administration, the dollar has increased by 3.82% against the Peso, and since the start of the AMLO administration, there has been a 1.37% increase. These longer-term trends are important for businesses and investors making strategic financial decisions in Mexico.
Furthermore, it’s valuable to consider news impacting the dollar value in Mexico. Recent reports suggest that inflation concerns might be giving a boost to the dollar. Monitoring financial news outlets like El Financiero can provide up-to-date insights into factors influencing the exchange rate. Keep in mind that the dollar to peso exchange rate is a dynamic figure, constantly influenced by global and local economic factors. Staying informed through reliable financial sources is crucial for understanding and reacting to changes in the dollar value in Mexico.
Disclaimer: Exchange rates are updated with public information every 7 minutes and are for reference only. The dollar is expressed as ‘US Dollar’ (USD), and the peso is expressed as ‘Mexican New Peso’ (MXN).
