USD to MXN Rate: Dollar to Peso Today (Updated June 11)

If you’re planning a trip to Mexico, the first question is how far your dollar will go. Understanding the current peso exchange rate isn’t just about math—it’s about making your money work smarter, whether you’re withdrawing from an ATM or visiting a casa de cambio.

Current USD/MXN Rate: 17.4031 (Xe mid-market) ·
1 USD = 17.40 MXN ·
100 USD = 1,740 MXN ·
1,000 USD = 17,403 MXN ·
Retail example (Western Union): 17.8174 MXN per 1 USD (Western Union)

Eight key data points, one consistent pattern: the rate you see online (mid-market) is not the rate you get. The spread—the difference between mid-market and retail—can reach 5% or more.

How did the dollar open today in Mexico?

The USD/MXN cash market opened near the 17.40 level on June 11, 2026, according to mid-market data from Xe. The opening rate reflected overnight moves in global forex markets, where the dollar firmed slightly against a basket of currencies ahead of US inflation data.

What was the opening rate?

• Xe reported a live mid-market rate of 17.4031 MXN per USD at 13:05 UTC.
• The rounded value displayed was 1 USD = 17.42 MXN (Xe).

How does it compare to yesterday’s close?

While an exact previous close is not quoted, the recent 7-day range from Sharemoney (ending April 20) showed daily moves between 17.16 and 17.54. The current rate sits near the middle of that band, suggesting no dramatic overnight shift.

What factors influenced today’s open?

• Global risk sentiment and US interest rate expectations.
• Banxico’s monetary policy stance—any hints of a rate change affect the peso.
• Oil prices, as Mexico is a major exporter and the peso often tracks crude.

The implication: for most travelers, the rate at open provides a reasonable starting point for budgeting.

How much is $1 dollar worth in Mexico today?

One US dollar buys approximately 17.40 Mexican pesos at the mid-market rate. But the actual amount you receive depends on the channel you use.

Current USD/MXN exchange rate

• Mid-market: 1 USD = 17.4031 MXN (Xe).
• Banco de México FIX rate serves as the official reference (Banco de México).
• Retail rates (e.g., Western Union: 17.8174, Revolut: 18.3403) are always worse due to the spread (Western Union, Revolut).

How to calculate larger amounts

Use the mid-market rate as a baseline. Multiply your dollar amount by 17.4031 to get the peso equivalent. For example, $50 = 870.16 MXN; $500 = 8,701.55 MXN. Then subtract the provider’s margin (typically 1-5%).

Where to find the real-time rate

XE and Bloomberg (USDMXN:CUR) offer real-time mid-market quotes. For official rates, check Banxico’s foreign exchange portal (Banco de México).

The pattern is clear: the mid-market rate is a reference, not a reality for most exchange methods.

Is the dollar rising or falling in Mexico?

In the short term, the USD/MXN rate has been range-bound, with the peso showing modest weakness.

Recent trend of USD/MXN

• Week ending April 20, 2026: daily range 17.16–17.54 (Sharemoney).
• Current mid-market around 17.40 suggests the peso has given back some gains.
• Year-to-date movement depends on Banxico and US Federal Reserve actions.

What drives the peso’s strength or weakness?

• Interest rate differential: higher Banxico rates attract capital.
• Oil prices: Mexico’s export revenue supports the peso (Bloomberg).
• Political stability: election cycles and policy uncertainty can weaken the peso.
• US economic data: strong US data tends to boost the dollar.

Outlook for the near term

Analysts are cautious. The range may hold unless Banxico signals a rate cut or US data surprises. Timing the market is not recommended—focus on minimizing fees instead.

Given these factors, the near-term outlook remains range-bound.

How much is 1,000,000 pesos in dollars?

One million Mexican pesos converts to roughly 57,462 US dollars using the mid-market rate of 17.4031. Here’s the math: 1,000,000 MXN ÷ 17.4031 = 57,462.03 USD.

Why you might need to know this

Large conversions are common for real estate purchases in Mexico, business investments, or repatriating funds. Even a small difference in the exchange rate can mean thousands of dollars.

Considerations for large sums

• Banks often offer better rates for large transfers, but require documentation.
• Online services like Wise or Remitly cap amounts, but provide transparent fees.
• The spread widens for cash vs. wire transfers.

The implication: For a 1M peso transaction, a 1% improvement in the rate saves about $575 USD. Always compare multiple quotes.

How much is $100 dollars worth in Mexico today?

At the mid-market rate, $100 USD equals 1,740.31 Mexican pesos. But in practice, you’ll get less.

• At a bank or ATM: expect 1,680–1,720 pesos (after fees).
• At a casa de cambio: compare rates; some offer 1,730–1,740.
• At an airport exchange: rates are notoriously poor—often 1,600–1,650 (Western Union).

Why this matters: $100 isn’t a life-changing sum, but losing 5–10% on every conversion adds up over a week-long trip.

How to convert US dollars to Mexican pesos

Getting the best rate requires a plan. Follow these steps to minimize loss.

1. Check the mid-market rate before you leave. Use Xe or Bloomberg as your baseline.
2. Choose your method:
   • ATM withdrawal: widely accepted, rate ≈ mid-market + small fee. Check your bank’s foreign transaction fee.
   • Online transfer (Wise, Remitly, Revolut): best for large sums, transparent fees (Remitly).
   • Casa de cambio: competitive for cash, but compare multiple locations.
   • Bank exchange: convenient but often the worst spread.
3. Compare total cost (rate + fees). Don’t just look at the fee—a bad rate can hide charges.
4. Execute: For cash, withdraw in pesos in Mexico (Western Union recommends this). For transfers, use a service that locks the rate.

In short, avoiding airport exchange counters is the single most impactful step.

Timeline signal: recent USD/MXN movement

The following table summarizes recent movement in the USD/MXN rate based on available data.

The pattern: modest peso depreciation, but no sustained breakout. Travelers and remitters should expect continued volatility.

What we know and what remains uncertain

Confirmed facts

• Current mid-market rate: 17.4031 MXN per USD (Xe).
• Banco de México publishes an official FIX rate daily (Banco de México).
• Retail spreads vary widely (e.g., Western Union: 17.8174, Revolut: 18.3403).
• ATMs and casas de cambio generally offer better rates than airports.

What’s unclear

• Short-term direction of USD/MXN (forecasts are unreliable).
• Exact fees at every exchange point—they change constantly.
• Whether current promotional rates (e.g., Remitly’s 17.58) will last.

It is generally wise to withdraw money in Mexican pesos instead of U.S. dollars in Mexico.

Western Union (currency guide)

The Banco de México FIX rate is used as a reference in Banxico’s foreign exchange portal, providing a benchmark for the interbank market.

Banco de México (foreign exchange portal)

Summary

The USD/MXN exchange rate holds near 17.40 mid-market, but retail customers face spreads that can erase the benefit of a good rate. For travelers heading to Mexico, the choice is clear: compare rates across providers, avoid airport exchange counters, and use local ATMs or casas de cambio — or lose up to 10% on every conversion.

For travelers and remittance senders alike, checking the updated USD to MXN rate today can make a real difference in how much money reaches its destination.

Frequently asked questions