Mexican Peso (MXN)
Live Exchange Rates & Historical Data
Mexican Peso to Dollar Converter - Real-Time MXN/USD Exchange Rates
Convert Mexican Pesos to US Dollars and 17 other currencies with live exchange rates. Compare transfer fees from Wise, Revolut, PayPal, and traditional banks. Get the best MXN conversion rates updated every minute with historical data dating back to 1999.
The Mexican Peso: Latin America's Most Traded Emerging Market Currency
As the official currency of Mexico and the most traded currency in Latin America, the Mexican Peso (MXN) represents the economic dynamics of an emerging market deeply integrated with the United States economy. As a major oil exporter and manufacturing hub (especially automotive and electronics under USMCA), the Peso reflects both commodity market trends and US economic performance. At Numexo, we provide institutional-grade MXN conversion tools that empower international businesses, remittance senders, and emerging market investors to navigate Mexico's unique economic landscape with precision.
Banco de Mรฉxico Policy and US Economic Correlation
The Mexican Peso's value is fundamentally shaped by the monetary policy decisions of Banco de Mรฉxico (Banxico, Mexico's central bank) and the nation's close economic ties to the United States. Our sophisticated analytical platform transcends basic currency conversion to deliver profound market intelligence. With our real-time MXN/USD interactive charts, you can monitor how Banxico interest rate decisions, US Federal Reserve policy, remittance flows, and USMCA trade data impact the Peso's valuation against global counterparts. Whether you're managing cross-border investments, sending remittances, or executing international transactions, our tools provide the clarity required for strategic financial decisions.
Historical Data for Forward-Looking Strategy
The Mexican Peso's modern history offers critical insights into emerging market currency dynamics. Numexo grants access to comprehensive historical MXN exchange rates dating back to 1971. From the 1994 Tequila Crisis to NAFTA/USMCA integration and recent nearshoring trends, our platform enables analysis of how Mexico has navigated economic transformation while maintaining close ties with the US economy. By leveraging our transparent mid-market ratesโuntainted by traditional banking spreadsโyou optimize capital allocation whether executing international transfers, pricing MXN-denominated contracts, or managing Latin American currency portfolios.
The Peso's Unique Position in Global Finance
Mexico's economic model is distinctive: a large emerging market economy with manufacturing prowess (automotive, aerospace, electronics), significant oil exports (Pemex), and the world's third-largest remittance recipient ($60+ billion annually from the US). With USMCA trade integration and proximity to the US market, the MXN serves as both a reflection of nearshoring trends and a liquid instrument for Latin American exposure. Our platform connects you directly to these dynamic market forces, equipping financial professionals with the tools necessary to capitalize on the Peso's position as the gateway to Latin American markets.
Beyond Conversion: Strategic Peso Insights
Successful MXN management requires understanding Mexico's unique economic positionโan emerging market deeply integrated with the US economy through trade, remittances, and manufacturing supply chains. Our platform illuminates the complex relationship between US economic data and MXN strength, the implications of Federal Reserve policy on the Peso, and Banxico's inflation targeting framework. From remittance flows to automotive production data and Mexican Stock Exchange (BMV) performance, we provide the contextual intelligence that transforms raw exchange rates into actionable financial strategy.