As of Monday, February 24, 2025, the average exchange rate for the U.S. dollar to Mexican Peso in Mexico stands at 1 Dollar = 20.3665 Pesos.
⇧ 0.0618 0.3%
- Buy Rate: 19.9717
- Sell Rate: 20.7614
This represents the average exchange rate for the banking business day.
Exchange Rate Trends:
- This Week: ⇧ 0.06 0.3%
- This Month: ⇩ -0.18 -0.9%
- This Quarter: ⇩ -0.28 -1.35%
- This Year: ⇩ -0.28 -1.35%
- Since Biden Administration Started: ⇧ 0.75 3.82%
- Since AMLO Administration Started: ⇧ 0.28 1.37%
Below is a comparative table showing the dollar to Mexican Peso exchange rates published today by various Mexican banks and government entities.
| Entity | USD to MXN | Buy | Sell |
|---|---|---|---|
| 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 | 19.9801 | 20.9866 | |
| Monex | 19.43 | 21.48 | |
| For obligations payments | 20.3733 | ||
| SAT, Tax Administration Service | 20.3448 | ||
| Ve por mas | 19.8531 | 21.0681 | |
| Average (n=18) | 20.3665 | 19.9717 | 20.7614 |
Today’s Dollar News
Recent financial news highlights potential factors influencing the dollar to pesos exchange rate. El Financiero reports on whether a rebound in inflation could give a ‘punch’ to the dollar, examining today’s exchange rate in light of these economic pressures. The article further elaborates on the deadline for the pause on tariffs to Mexico expiring in a week and President Claudia Sheinbaum’s comments on ongoing negotiations, analyzing the potential impact on the Mexican Peso.
Another report from El Financiero indicates Wall Street’s nervousness regarding Nvidia’s earnings results this week, contributing to a Nasdaq decline of 0.35%. Market watchers are keenly awaiting Nvidia’s earnings report, and these sentiments are reflected in Monday’s opening Wall Street indicators which are showing a downturn. These global market movements can also indirectly affect the dollars to pesos exchange rate.
In business news, Volaris, a Mexican airline, is reported by El Financiero to be ‘taking off’ despite market turbulence, closing 2024 with a net profit of 126 million dollars. This positive performance in the Mexican aviation sector could suggest a strengthening economy, which can have nuanced effects on the dollar to pesos exchange rate.
Economic perspectives are further explored in El Financiero with Kathia Ramos discussing the outlook for the economy and international trade. Notably, the GDP growth expectation for 2025 has been adjusted from 1.2% to 0.6%, considering a range from -0.2% to 1.4%. These revised economic forecasts and international trade dynamics are crucial factors that can influence the dollar to Mexican pesos exchange rate.
Sustainability and economic efficiency are highlighted in another El Financiero article, reporting that Acería Ramos achieved savings of 300 million pesos with its “Green Office” initiative. This program aims to foster a participatory culture among employees and promote responsible environmental practices, showcasing how corporate strategies and environmental consciousness can contribute to economic outcomes within Mexico.
Finally, El Financiero provides an ‘X-ray of the fall of the economy,’ indicating that among the three major sectors, two have shown setbacks: agriculture and industry, while the tertiary sector managed to remain in positive territory. This sector-specific analysis of economic performance offers a deeper understanding of the broader economic landscape affecting currency exchange rates.
Disclaimer: Data updated with public information every 7 minutes. All figures are for reference purposes only. The dollar currency expressed is the ‘US Dollar’ with the ISO4217 alphabetic code ‘USD’ and the numeric code ‘840’. The peso currency expressed is the ‘Mexican New Peso’ with the ISO4217 alphabetic code ‘MXN’ and the numeric code ‘484’. 20250224190243551
