Currency Converter: Foreign Exchange Rates for US Dollars

The currency, cryptocurrency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. The MXN and USD can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. Exchange rates can fluctuate by the minute while markets are open. However, the period between 3-4 PM GMT is often a good time to convert Mexican Pesos to US Dollars because currency market liquidity and trading volume tend to be the highest during this time.

The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. Live tracking and notifications + flexible delivery and payment options.

• The USD and MXN can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.
• Compare our rate and fee with our competitors and see the difference for yourself.
• 1Exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks that may result from such fluctuations.
• Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.
• In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider.
• Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate.

To view rates between the US Dollar and the Mexican Peso forex books for a particular year, click on one of the links below.

Live Currency Rates

Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. You acknowledge that the parties to these exchange rate transactions engaged in arm’s-length negotiations.

1Exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks that may result from such fluctuations. Exchange rates offered by other dealers or shown at other sources by us or other dealers (including online sources) may be different from our exchange rates. The exchange rate you are offered may be different from, and likely inferior to, the rate paid by us to acquire the underlying currency. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. We partner with leading data providers to computer vision libraries bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals.

Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. Check live rates, send money securely, set rate alerts, receive notifications and more.

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The peso was initially the name of the eight-real coins issued in Mexico by Spain. The Mexican peso is now among the 15 most traded currency units in the world, and is the most traded currency in Latin America. The Bank of Russia recently hiked its key interest rate to 21 percent in a bid to stabilize the Ruble, though inflation in Russia was estimated at 8.5 percent in October 2024.

How to convert Mexican pesos to US dollars

Additionally, it’s advisable to convert US Dollars to Mexican Pesos early in the week if you need MXN urgently. We do not accept any liability for our exchange rates. Leading competitors have a dirty little secret. They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice.

Mexican Peso

You are a customer and these transactions do not establish a principal/agent relationship or any other relationship that may create a heightened duty for us. Wise is a Money Service Business registered with FinCen. It is authorized to operate in most states. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider. Wise never hides fees in the exchange rate.

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Additionally, it’s advisable to convert Mexican Pesos to US Dollars early in the week if you need USD urgently. Executing a trade late in the week might result in a delayed settlement until the following week, as forex markets are closed on weekends. The USD and MXN can be traded 24×5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. However, the period between 3-4 PM GMT is often a good time to convert US Dollars to Mexican Pesos because currency market liquidity and trading volume tend to be the highest during this time.

Inflation previously hit 9.13 percent in July 2024 according to Russia’s central bank statistics. To view rates between the US Dollar and the Philippine Peso for a particular year, click on one of the links below. Need to know when Best oil stock a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. To view rates between the Mexican Peso and the US Dollar for a particular year, click on one of the links below.