USD to MXN Exchange Rate
LIVEUS Dollar to Mexican Peso
Currency Converter
=
Exchange rate: 1 USD = 18.20 MXN (approximate)
About USD/MXN
The USD/MXN currency pair represents the exchange rate between the US Dollar and the Mexican Peso. This is a highly liquid emerging market currency pair closely tied to US-Mexico trade relations, remittance flows, and commodity prices (particularly oil). The Mexican Peso is influenced by Banco de México monetary policy, US economic data, oil prices, manufacturing activity, and political developments in both countries. The pair is popular among traders seeking exposure to Latin American markets.
Quick Facts
Currency Pair:
USD/MXN
Base Currency:
US Dollar (USD)
Quote Currency:
Mexican Peso (MXN)
Central Bank:
Banco de México
Trading Hours:
24/5 (Forex Market)
Frequently Asked Questions
Why is the Mexican Peso popular for carry trades?
Banco de México (Banxico) has often kept relatively high interest rates, and the peso is highly liquid for an emerging-market currency, which attracts investors seeking yield through carry trades.
How do US-Mexico trade ties affect the peso?
The two economies are deeply integrated through the USMCA agreement and cross-border manufacturing, so trade policy news, tariffs, and remittance flows can have a strong impact on USD/MXN.
Is the peso a volatile currency?
As an emerging-market currency, the peso can move sharply during global risk-off episodes, when investors tend to retreat to the US dollar and other safe havens.