As of Tuesday, February 25, 2025, the average exchange rate stands at 1 US Dollar equaling 20.3856 Mexican Pesos. This rate serves as a benchmark for understanding the current value of the Mexican Peso against the US Dollar in the foreign exchange market. For anyone tracking international finance, planning a trip to Mexico, or managing international business transactions, knowing how much the Mexican Peso is worth in US Dollars is essential.
This daily exchange rate fluctuates based on a multitude of economic factors, global events, and market dynamics. Staying informed about these changes is crucial for making informed financial decisions.
Daily Exchange Rate Fluctuations
Today’s rate reflects a slight increase (⇧ 0.0191 or 0.09%) compared to the previous day. Examining these daily shifts provides insights into short-term trends. For a broader perspective, let’s look at the Peso’s performance over different timeframes:
- Week to Date: The Mexican Peso has appreciated slightly this week (⇧ 0.08 or 0.4% since February 23, 2025).
- Month to Date: Looking back at the start of February, the Peso has slightly depreciated (⇩ -0.17 or -0.8% since January 31, 2025).
- Quarter to Date & Year to Date: Over a longer term, since the end of last year, the Peso has shown a decrease in value against the dollar (⇩ -0.26 or -1.26% since December 31, 2024).
These figures offer a quick snapshot of the Mexican Peso’s movement relative to the US Dollar over recent periods. For those interested in political and economic impacts, the article also tracks changes since significant political events:
- Since Biden’s Inauguration: The Peso has strengthened (⇧ 0.77 or 3.91% since January 19, 2021).
- Since AMLO’s Inauguration: Similarly, there’s been an increase in value (⇧ 0.29 or 1.47% since November 30, 2018).
Exchange Rates Offered by Banks in Mexico
It’s important to note that the average exchange rate is indicative. The actual exchange rate you receive will vary depending on the institution you use for currency exchange. Banks and financial entities set their own buying and selling rates, which typically differ from the average interbank rate. Here’s a comparison table of exchange rates published today by various banks and Mexican government entities:
| Entity | Buy | Sell |
|---|---|---|
| Afirme | 19.50 | 21.10 |
| Banco Azteca | 19.45 | 20.84 |
| Banco de México, FIXFIX | 20.4683 | |
| Banco de México, Interbancario 48 hrs Apertura | 20.4455 | 20.452 |
| Banco de México, Interbancario 48 hrs Máximo | 20.55 | |
| Banco de México, Interbancario 48 hrs Mínimo | 20.396 | |
| Bank of America | 19.4175 | 21.692 |
| Banorte | 19.20 | 20.70 |
| BBVA Bancomer | 19.60 | 20.76 |
| Citibanamex | 19.84 | 20.97 |
| DOF, Diario Oficial de la Federación | 20.464 | |
| Grupo Financiero Multiva | 20.52 | |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.9603 | 20.9708 |
| Monex | 19.40 | 21.44 |
| Para pagos de obligaciones | 20.3448 | |
| SAT, Servicio de Administración Tributaria | 20.464 | |
| Ve por mas | 19.8566 | 21.0716 |
| Average Rate (n=18) | 19.9876 | 20.7835 |
| Interbank Average (Banco de México) | 20.3856 |
As you can see, there is a range of exchange rates. Banks buy dollars at a lower rate (Buy) and sell them at a higher rate (Sell), the difference being their profit margin. For the most accurate interbank rate, Banco de México (Mexico’s Central Bank) is a reliable source.
Dollar to Mexican Peso Exchange Rate News
Keeping up with financial news can provide context to exchange rate fluctuations. Here are some recent headlines impacting the Mexican Peso and US Dollar:
Mexico News Daily: Mexico homicides down nearly 25% compared to September. Positive news regarding crime reduction in Mexico can improve international investor confidence, potentially strengthening the Peso.
Mexico News Daily: Mexican auto parts manufacturer Nemak analyzing moving production to US. Considerations of relocating manufacturing due to tariffs or trade policies can have complex effects on currency valuation, sometimes weakening the Peso due to concerns about the Mexican economy.
CNBC: How Trump’s tariffs on Mexico and Canada will sweep across the U.S., state by state. Tariff discussions and trade tensions between the US and Mexico can create volatility in the exchange rate, often weakening the Mexican Peso against the US Dollar due to economic uncertainty.
ABC News: Trump says Canada and Mexico tariffs are ‘going forward’ with more import taxes to come. Confirmation of tariffs implementation can further exacerbate the negative impacts mentioned above, leading to potential Peso depreciation.
Yesterday’s Headlines
For context, here are some headlines from yesterday that may have influenced today’s exchange rates:
Mexico News Daily: Inflation sees modest rise in February, but remains within Banxico’s target range. Inflation data is a key economic indicator. If inflation is within the target range, it can provide stability to the Peso. However, rising inflation could lead to depreciation.
Mexico News Daily: President Sheinbaum’s approval ratings have never been higher. Political stability and high approval ratings can be seen positively by investors, potentially supporting the Mexican Peso.
CNBC: Trump says tariffs on Canada and Mexico ‘will go forward’. As mentioned before, tariff announcements create economic uncertainty that often negatively impacts the Mexican Peso’s value.
Conclusion
The Mexican Peso to US Dollar exchange rate is a dynamic figure influenced by numerous factors ranging from daily economic shifts to global news events. Today, 1 US Dollar is approximately 20.3856 Mexican Pesos on average in the interbank market. However, for actual transactions, it’s essential to check the specific rates offered by banks and financial institutions. Staying informed about these fluctuations and the news that drives them is key for anyone dealing with currency exchange between the US Dollar and the Mexican Peso.
Disclaimer: Exchange rates are for informational purposes only and updated frequently. Refer to financial institutions for exact transaction rates.
