Navigating currency exchange rates is crucial for travelers, businesses, and anyone monitoring international finance. If you’re tracking the Dollar Mexico Today exchange rate, you’ve come to the right place. This article provides a comprehensive overview of the current USD to Mexican Peso (MXN) exchange rate, pulling data from various financial institutions and news sources to keep you informed.
As of Tuesday, February 25, 2025, the average exchange rate stands at 1 US Dollar = 20.3822 Mexican Pesos.
This represents a slight increase of 0.0157 Pesos or 0.08% compared to the previous day. Let’s delve deeper into what this means and explore the factors influencing this rate.
Current Exchange Rate Snapshot
Here’s a quick look at today’s key figures:
- Average Exchange Rate: 20.3822 MXN per 1 USD
- Change Today: ⇧ 0.0157 (0.08%)
- Buying Rate (Average): 19.9838 MXN per 1 USD
- Selling Rate (Average): 20.7805 MXN per 1 USD
It’s important to note the difference between buying and selling rates. When you exchange dollars to pesos, banks and exchange houses will buy dollars from you at the “buying rate” and sell pesos to you. Conversely, when you exchange pesos back to dollars, they will sell dollars to you at the “selling rate” and buy pesos from you. The difference between these rates is how these institutions make a profit.
Exchange Rates Across Mexican Banks
The exchange rate for the dollar to mexican peso today can vary slightly across different financial institutions. Here’s a comparison table showing buy and sell rates from various Mexican banks and government entities:
| Entity | Buy | Sell |
|---|---|---|
| Afirme | 19.50 | 21.10 |
| Banco Azteca | 19.40 | 20.84 |
| Banco de México, FIX | – | 20.4683 |
| Banco de México, Interbancario 48 hrs apertura | 20.498 | 20.505 |
| Banco de México, Interbancario 48 hrs máximo | – | 20.509 |
| Banco de México, Interbancario 48 hrs mínimo | – | 20.381 |
| Bank of America | 19.4175 | 21.692 |
| Banorte | 19.20 | 20.70 |
| BBVA Bancomer | 19.59 | 20.72 |
| Citibanamex | 19.84 | 20.97 |
| DOF, Diario Oficial de la Federación | – | 20.464 |
| Grupo Financiero Multiva | – | 20.52 |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.9488 | 20.9529 |
| Monex | 19.42 | 21.46 |
| Para pagos de obligaciones | – | 20.3448 |
| SAT, Servicio de Administración Tributaria | – | 20.464 |
| Ve por mas | 19.8436 | 21.0586 |
Source: Data collected from various Mexican banks and government entities on February 25, 2025.
As you can see, the exchange rate for dollar to pesos today fluctuates depending on where you exchange your currency. Government entities like Banco de México and DOF often provide reference rates, while banks set their own rates, which include their operating costs and profit margins.
Factors Influencing the USD to MXN Exchange Rate
Several factors can influence the dollar to Mexican peso exchange rate. These include:
- Economic Policies in the US and Mexico: Interest rate decisions, inflation rates, and overall economic performance in both countries play a significant role.
- Trade Relations: Trade agreements and disputes between the US and Mexico, like tariffs, can impact currency values.
- Political Stability: Political events and government stability in both nations can affect investor confidence and currency exchange rates.
- Global Market Sentiment: Global economic events and investor risk appetite can also drive fluctuations in the USD/MXN rate.
Recent news highlights the impact of potential tariffs on the Mexican Peso.
News Snippets Affecting the Dollar Mexican Peso Today
Here’s a brief overview of recent news headlines that could influence the dollar peso exchange rate:
- Trump’s Tariffs on Mexico and Canada: As reported by CNBC, potential tariffs imposed by the US on goods from Mexico and Canada are raising concerns about economic impacts across various US states. This type of news can create uncertainty and potentially weaken the Mexican Peso.
- Trump Says Tariffs ‘Going Forward’: ABC News reported on President Trump’s statement that tariffs on Canada and Mexico are “going forward,” signaling a potential increase in import taxes. Such announcements can lead to market volatility and affect the exchange rate.
- Mexico Inflation within Banxico’s Target: Mexico News Daily reported that inflation in February saw a modest rise but remains within the target range set by Banxico (Mexico’s central bank). Controlling inflation is a positive sign for the Mexican economy and can help stabilize the Peso.
- President Sheinbaum’s High Approval Rating: Another report from Mexico News Daily highlights President Sheinbaum’s high approval ratings, boosted partly by her defense of Mexico against threats from Donald Trump. Political stability and strong leadership can positively influence investor confidence and the currency.
Historical Context
Looking at historical data provides further context.
- Week-to-Date Change: The Peso has strengthened slightly against the dollar by 0.38% this week.
- Month-to-Date Change: However, over the past month, the Peso has weakened by 0.82% against the dollar.
- Year-to-Date Change: Since the start of the year, the Peso has weakened by 1.28%.
- Changes Since Biden and AMLO Administrations: The Peso has strengthened by 3.9% since Biden took office and by 1.45% since AMLO (Andrés Manuel López Obrador) assumed presidency in Mexico, indicating longer-term trends influenced by political and economic shifts.
Conclusion
Staying informed about the dollar to mexican peso exchange rate today is essential for making sound financial decisions. The current average rate is around 20.3822 MXN per USD, but this fluctuates throughout the day and varies across different banks. Factors like economic policies, trade relations, and political news significantly impact these rates. Always refer to reliable financial sources for the most up-to-date information and consider these factors when planning currency exchanges.
Disclaimer: Exchange rates are constantly changing. This information is for informational purposes only and should not be considered financial advice. Always consult with a financial professional before making any financial decisions.
