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Mexican Peso to US Dollar (MXN to USD)

Convert USD to MXN

Use our tool to consult the value of the Mexican Peso, convert the Mexican Peso to US dollar.

Convertpedia cannot guarantee the accuracy of the displayed exchange rates. Confirm the current rates before making any transactions that may be affected by changes in the exchange rate.

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Quotes provided by Awesome API on December 20, 2024.

Graph with 30 days of Mexican Peso quotes

Mexican Peso Rate

The value of the Mexican Peso Rate today is $0.0493

Mexican Peso Quotations Table

Date	US Dollar	Mexican Peso
22/12/2024	0.0498 USD	1.00 MXN
21/12/2024	0.0498 USD	1.00 MXN
20/12/2024	0.0498 USD	1.00 MXN
19/12/2024	0.0493 USD	1.00 MXN
18/12/2024	0.0505 USD	1.00 MXN
17/12/2024	0.0501 USD	1.00 MXN
16/12/2024	0.0494 USD	1.00 MXN
15/12/2024	0.0494 USD	1.00 MXN
14/12/2024	0.0494 USD	1.00 MXN
13/12/2024	0.0495 USD	1.00 MXN
12/12/2024	0.0488 USD	1.00 MXN
11/12/2024	0.0492 USD	1.00 MXN
10/12/2024	0.0490 USD	1.00 MXN
9/12/2024	0.0495 USD	1.00 MXN
8/12/2024	0.0496 USD	1.00 MXN

About the Euro

The Mexican Peso is the official currency of Mexico, abbreviated as MXN or with the "$" symbol. It is divided into 100 cents. The Mexican peso has a long and complicated history, with several coins and banknotes issued over the years. Currently, there are notes of 20, 50, 100, 200, 500 and 1,000 Mexican pesos and coins of 1, 2, 5, 10, 20 and 50 cents and 1 peso.

The history of the Mexican peso dates back to the 16th century, when the country was still a Spanish colony. At the time, the currency was based on the Spanish monetary system, with the use of pesos, marks and escudos. After Mexico's independence in 1821, the peso was established as the country's official currency. However, inflation and economic instability led to several currency reforms over the years.

Since 1994, the Bank of Mexico has implemented measures to stabilize the economy and control inflation, including interest rate increases and tight monetary policies. However, the country still faces economic challenges, such as a growing trade deficit and high public debt. Currency volatility has also been an issue, with the Mexican peso having depreciated significantly against the US dollar in recent times.

How we get quotes

The values are obtained through the API of the Central Bank of Brazil, which provides the opening quotation of the day from 10:00 am, and after that intermediate values are available at 11:00 am, 12:00 pm and 1:00 pm. After 1 pm, the BCB closes with the PTAX quotation, which is the arithmetic average of all the rates of the day, as it is a reference value and is not used in Convertpedia.