On this Sunday, February 23, 2025, the average exchange rate for the US dollar to Mexican Peso in Mexico stands at 1 Dollar = 20.3087 Pesos.
Currently, the exchange rates are:
- Buy Rate: 19.9043 Mexican pesos per US dollar
- Sell Rate: 20.7131 Mexican pesos per US dollar
It’s important to note that today is a Bank Holiday in Mexico.
Here’s a look at how the Dollar to Mexican Peso exchange rate has fluctuated over different periods:
- This Week: ⇨ 0.00 0% (compared to last Sunday, Feb 16, 2025)
- This Month: ⇩ -0.24 -1.18% (compared to January 31, 2025)
- This Quarter: ⇩ -0.34 -1.63% (compared to December 31, 2024)
- This Year: ⇩ -0.34 -1.63% (Year-to-date change from December 31, 2024)
- Under Biden Administration (since January 19, 2021): ⇧ 0.69 3.52%
- Under AMLO Administration (since November 30, 2018): ⇧ 0.22 1.08%
Below is a comparative table showing the dollar exchange rates offered by various banks and government entities in Mexico today. Please note that due to it being a bank holiday, some rates might be carried over from the previous business day.
| Institution | Buy Rate | Sell Rate |
|---|---|---|
| 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 (Multiva) | 20.47 | |
| Inbursa | 19.90 | 20.90 |
| Intercam | 19.91 | 20.969 |
| Monex | 19.37 | 21.41 |
| For obligations payments | 20.3733 | |
| SAT, Servicio de Administración Tributaria | 20.3733 | |
| Ve por mas (Friday) | 19.8098 | 21.0248 |
| Average (n=18) | 19.9043 | 20.7131 |
| Average Exchange Rate | 20.3087 |
Understanding the Data:
- FIX Exchange Rate: This is the official exchange rate set by Banco de México, often used for customs and tax purposes. The value shown here is from Friday as FIX is not updated on weekends.
- Interbank Rates: These rates reflect transactions between banks. The table includes opening, maximum, and minimum interbank rates from Friday.
- Bank Buy/Sell Rates: These are the rates at which banks buy US dollars from you (Buy Rate) and sell US dollars to you (Sell Rate). These rates include the bank’s profit margin and will typically be less favorable than the interbank rates.
- Average Exchange Rate: This is the average of the buy and sell rates from the listed institutions, providing a general overview of the current dollar value in Mexico.
Important Notes:
- Data Accuracy: Exchange rates are updated frequently throughout the business day. The information presented here is based on publicly available data updated every 7 minutes.
- Reference Data: The exchange rates provided are for informational purposes only and should be considered as reference data. Actual exchange rates may vary depending on the bank, exchange house, transaction volume, and time of transaction.
- Currency Codes: USD refers to the United States Dollar (ISO 4217 code: USD, numeric code: 840). MXN refers to the Mexican New Peso (ISO 4217 code: MXN, numeric code: 484).
This information provides a snapshot of the dollar value in Mexico today. For the most up-to-date exchange rates, it is recommended to consult directly with financial institutions or use real-time currency converter tools.
