USD/MXN Exchange Rate Today — Live Chart and Analysis

The USD to MXN rate shows how many Mexican pesos one US dollar buys. Nearshoring FDI from US companies relocating supply chains makes the peso sensitive to US-Mexico trade policy beyond just interest rate differentials.

Buy price

16.8985

Sell price

16.8979

USD/MXN chart

Price Performance

Information regarding past performance is not a reliable indicator of future performance.

Analysis

One of 2025's top-performing currencies, the peso gained roughly 23% as USD/MXN fell from around 20.50 to 17.80 on carry trade flows and nearshoring FDI. Banxico cut rates 300bp in 2025 to 7%, then cut further to 6.75% in Q1 2026. US tariffs of 25% on Mexican goods and a narrowing carry advantage are the main headwinds. USD/MXN traded back toward 18.50–19.00 in Q2–Q3 2026.

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  • 1

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  • 2

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  • 3

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    Choose USDMXN, set the amount, and click buy or sell — that’s it!

USD/MXN

USDMXN

16.8982

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