USD to MXN: US Dollar to Mexican Peso

USD/MXN is the most important currency pair in Latin America and one of the most traded emerging-market pairs anywhere. It covers a huge volume of trade between the US and Mexico, along with tens of billions of dollars in remittances sent to Mexico each year, much of it in amounts of a few hundred dollars.

For remittances, the amount received depends a great deal on the provider: a service quoting a rate a few percent below this mid-market rate costs noticeably more on every transfer. When traveling in Mexico, paying in pesos rather than dollars, even at businesses that accept dollars, usually gets you a better effective rate.