Mexican Peso (MXN) Dashboard

CURRENCY CONVERTER

MXN Mexican Peso
USD US Dollar
Official Rate:
1 USD =18.3833 MXN
Last updated October 9th, 2025 01:10:03

CURRENCY SUMMARY

  • ISO 4217 code: MXN

  • Currency symbol: $ / MX$ / Mex$

  • Central Bank: The Bank of Mexico (Banco de México)

  • Banknote denominations:

  1. $1,000 MXN

  2. $500 MXN

  3. $200 MXN

  4. $100 MXN

  5. $50 MXN

  6. $20 MXN

How To Buy Mexican Pesos Online

01
Choose Currency

Select a global currency you wish to buy and the corresponding amount.

02
Checkout

Select your payment method. You can choose between a credit card, a bank draft, or a money wire.

03
Customer Verification

Answer some questions to verify your identity.

04
Shipment & Delivery

Select where you want your package to be delivered and choose a shipping method for your Mexican money order.

How To Sell Mexican Pesos Online

01
Choose Currency

Select the amount of Mexican money you wish to sell, and your exchange rate will be calculated. Verify your identity and select your preferred payout method.

02
Ship Your Currency

Request a shipping kit with instructions on how to send your Mexican currency to us.

03
Receive Your Funds

When your shipment arrives, you will receive a receipt for the currency exchange, and the funds will be deposited into your bank account.

FAQ

Whether you need travel money or are a collector interested in foreign currencies, US First Exchange is your gateway to fast and secure international money transfers at the best foreign exchange rates. We're here to make USD to MXN money transfers simple. 

Who Sets the Mexican Peso Exchange Rate?

The Mexican peso (MXN), denoted by the Mexican peso symbol $, is the official currency of Mexico. Its exchange rate is overseen by Banco de México (Banxico), the country’s central bank, which is also responsible for issuing and printing Mexican banknotes and coins.

The peso operates under a floating exchange rate, meaning its value is shaped by supply and demand in international markets, while Banxico intervenes when necessary to maintain financial stability. You can sign up for our exchange rate alerts to monitor the Mexican currency value in real time and then order Mexican Pesos online when most convenient.

What Is the Best Way to Buy Mexican Pesos?

The best way to buy Mexican pesos is to use a reputable and secure currency exchange platform that offers transparent rates and reliable service. Instead of settling for high fees at airports or banks, you can buy Mexican pesos online through trusted providers like US First Exchange.

This option allows you to compare competitive rates, lock in your order at the most convenient time, and have peace of mind knowing you’re getting a safe and efficient transaction.  With just a few clicks, you can order Mexican pesos from the comfort of your home and have them delivered securely, making it the most convenient and cost-effective choice.

How Much Is $100 Worth in Mexico Right Now?

At the moment, $100 USD is worth about $1,871 MXN based on the most up-to-date mid-market exchange rate at the time of writing. The exchange rate is roughly 1 USD = 18.7 MXN, but keep in mind that rates fluctuate. To know the exact value when you’re ready to buy Mexican money, it’s best to use our currency converter so you can keep up with the MXN to US Dollar exchange rate and lock in the most favorable one.

Is It Better to Get Pesos in Mexico or the US?

While it may seem convenient to pick up Mexican money in cash from a local bank or bureau de change, these options often come with higher exchange margins and extra transaction fees, which make your money go less far. A smarter alternative is to order Mexican pesos online with a trusted exchange platform like US First Exchange.

Not only do you get access to competitive rates and transparent pricing, but you also benefit from built-in fraud prevention that protects every transaction. By ordering your Mexican money online, you can lock in the rate and enjoy the peace of mind of a safe and convenient doorstep delivery of your pesos before you travel and need to make cross-border payments.

What Can You Buy with 20 Pesos in Mexico?

With 20 pesos in Mexico (just about one U.S. dollar), you can still enjoy a surprising amount of everyday items. Street food favorites like a taco, tamal, or a refreshing agua fresca typically cost around 15–20 pesos. You could also grab a churro, a paleta (fruit popsicle), or even pay for a short bus or metro ride in many cities. While it won’t stretch far at sit-down restaurants, 20 pesos is perfect for small snacks, local treats, or quick transportation, giving you real value for a small bill.

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