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Turn leftover pesos back into US dollars
Back from Mexico with pesos in a drawer? Sell Mexican pesos to US First Exchange and get paid in US dollars without a trip to the bank or a border exchange booth. We are a Los Angeles currency exchange registered with FinCEN, part of the US Treasury, as a Money Services Business. Get your quote in the order form on this page, mail your notes with a free prepaid FedEx label, and get paid once they are verified.
Your package travels by FedEx and is fully insured for the value of your currency, from the moment it leaves your hands until it reaches our facility.
Your Mexican peso buyback quote
Your exact buyback quote appears in the order form at the top of this page before you commit to anything. Rates are set daily, and once you place your order your quote is locked for 30 days, so you have plenty of time to ship.
Our buyback price sits below the mid-market rate you see online, which covers shipping, verification and handling of physical cash.
How to sell Mexican pesos by mail
- Get your quote. Enter how much Mexican pesos you want to sell. The minimum is one note. You see the exact USD amount before you continue.
- Verify your identity and choose how to get paid. Create an account and upload a valid US government-issued ID. Federal rules require this for every money services business.
- Ship your Mexican pesos. We email you a prepaid FedEx label, so shipping costs you nothing. Sort notes by denomination, pack them in a plain padded envelope, and put your invoice inside.
- Get paid. When your package arrives, we count and verify every note. You get a receipt, and your payout is sent within 24–48 business hours.
Read our shipping instructions before you pack.
How you get paid
Exchange Mexican pesos for US dollars and choose how the money reaches you:
| Payout method | How it arrives | Fee |
|---|---|---|
| E-check | A printable check emailed to you, ready to deposit | No fee |
| Check by mail | A paper check posted to your verified address | Processing fee applies |
Both are sent within 24–48 business hours after your notes are verified. The payout name must match the verified account holder. See how you receive your funds.
Which Mexican peso notes we buy
We buy current Banco de México banknotes, including the $20, $50, $100, $200, $500 and $1,000 MXN notes. We do not accept old or withdrawn currency series, severely damaged notes, or coins.
Mexico uses many coins for small amounts, including the $10 and $20 peso coins. We do not buy them, so spend your coins before you leave Mexico.
Selling pesos: your options compared
| Option | What usually happens |
|---|---|
| Your bank | Some banks buy back pesos, but many only for account holders and often with fees. |
| Border and airport exchange booths | Convenient, but buyback rates are often low and posted rates can hide extra fees. |
| A registered currency exchange by mail | A price locked for 30 days, free insured shipping, a receipt and a traceable payout. |
Want to compare costs first? Read where to exchange currency without paying huge fees.
Why sell pesos to US First Exchange
- Third-generation currency brokers with decades of experience in currency authentication.
- Your price is locked for 30 days, and shipping is free with our prepaid FedEx label.
- Registered and compliant. We are registered with FinCEN, part of the US Treasury, as a Money Services Business and follow federal know-your-customer rules. Read our compliance statement.
- A real US business. Our office is at 550 South Hill Street, Los Angeles, CA 90013. We serve customers by mail and phone; there is no walk-in counter.
- People who pick up the phone. Call 310-982-1743, 10am–5pm Pacific Time.
- Heading back to Mexico? Buy Mexican pesos online for your next trip.
We buy Mexican pesos by mail from customers in every U.S. state except Texas, Illinois, Washington and New Mexico. Selling more than one currency? See every currency we buy on our sell foreign currency page.
Frequently asked questions
Where can I sell Mexican pesos in the US?
You can sell pesos to a registered currency exchange such as US First Exchange by mail, or at some banks and border exchange booths. Selling by mail gets you a quote locked for 30 days and free insured shipping.
How much will I get for my Mexican pesos?
It depends on today's buyback rate and the notes we accept after verification. The order form on this page gives you an exact quote.
Is there a minimum amount of Mexican peso I can sell?
The minimum is one note. For example, you can sell a single banknote of any Mexican peso denomination we accept.
Are there any fees?
Shipping is free with our prepaid FedEx label, and e-check payouts have no fee. A processing fee applies only if you choose check by mail.
How long does it take to get paid?
Your payout is sent within 24–48 business hours after your package arrives and the notes are verified.
Is my package insured when I send my Mexican peso?
Yes. Your package is insured for the value of your currency from the moment it leaves your hands until it reaches our facility.
Do you buy Mexican peso coins?
No. We buy banknotes only.