calctube
USD USD MXN MXN 🔥 Most searched Rate as of2026-05-16

USD to MXN Converter.

Current rate

1 USD = 17.85 MXN as of 2026-05-16. One of the world's top remittance corridors (US-to-Mexico flows exceed $63 billion/year — Mexico's largest foreign income source, beating oil exports). Also massive due to nearshoring trade — Mexico is now the US's top trading partner, surpassing China since 2023. The MXN has unusually strengthened against USD over 5 years (a "superpeso") driven by manufacturing FDI and high real interest rates.

💱

USDMXN Converter

$
🇺🇸 $1.00 = 🇲🇽
MX$17.85
Rate: 1 USD = 17.8500 MXN
Common conversions
🇺🇸 USD🇲🇽 MXN
$1.00MX$17.85
$10.00MX$178.50
$100.00MX$1,785.00
$500.00MX$8,925.00
$1,000.00MX$17,850.00
$5,000.00MX$89,250.00
$10,000.00MX$178,500.00
$50,000.00MX$892,500.00
$100,000.00MX$1,785,000.00
✨ Mid-market rate · as of 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
17.85
1 USD = MXN
1 year ago
17.2
↑ 3.8% in 12 months
5 years ago
20.1
↓ 11.2% in 5 years
🔢 Quick reference

USD to MXN conversion table.

Common US Dollar amounts converted to Mexican Peso at today's rate of 1 USD = 17.85 MXN. The reverse holds too: 1 MXN = 0.056 USD.

USD → MXN
1 USD 17.85 MXN
5 USD 89.25 MXN
10 USD 178.5 MXN
25 USD 446.25 MXN
50 USD 892.5 MXN
100 USD 1,785 MXN
500 USD 8,925 MXN
1,000 USD 17,850 MXN
5,000 USD 89,250 MXN
10,000 USD 178,500 MXN
MXN → USD
1 MXN 0.056 USD
5 MXN 0.2801 USD
10 MXN 0.5602 USD
25 MXN 1.4 USD
50 MXN 2.8 USD
100 MXN 5.6 USD
500 MXN 28.01 USD
1,000 MXN 56.02 USD
5,000 MXN 280.11 USD
10,000 MXN 560.22 USD
💡 About this corridor

Why people convert USD to MXN.

The USD/MXN corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Mexican Peso side, demand comes from US-Mexico remittances, nearshoring trade, and tourism. Because both sides see steady two-way flow, USD/MXN is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved up 3.8% against the Mexican Peso, and over five years it has weakened about 11.2% (from 20.1 to 17.85). If you're sending money on this corridor, that trend matters: a falling rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Mexican Peso you receive by a meaningful margin.

Getting the best USD → MXN rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-16 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to MXN FAQ.

Best way to send USD to MXN for family remittance?
For small-to-medium amounts ($100-$3,000): Remitly, Wise, and Xoom (PayPal) consistently beat Western Union by 1-2.5% in effective rate. Pickup in Mexico via OXXO, BBVA, or Banorte is typical. For larger transfers ($5,000+): direct bank wire to a Mexican bank account is cheapest if both sides have established accounts. Walmart-to-Walmart and MoneyGram remain popular for cash-cash but with worse rates.
Why is MXN so strong (the "superpeso")?
Three structural drivers: (1) nearshoring — US manufacturers shifted from China to Mexico, creating sustained FDI flows of $35B+/year, (2) Banxico's real interest rate (~10% with inflation at 4%) made MXN one of the highest-carry EM currencies, (3) record remittance inflows from US working-age migrants. The 2024-2025 USD-MXN low of 16.8 was the strongest peso in 8 years. Some weakening in 2025-2026 with Fed cuts narrowing rate differential.
Nearshoring impact on USD-MXN — outlook?
Nearshoring is structurally USD-bearish vs MXN: US factories shifting to Mexico means sustained capital flows TO Mexico, increasing MXN demand. Counter-weight is Banxico cutting rates faster than Fed (narrows carry). Most institutional forecasts have USD-MXN trading 17.5-19.0 range through 2026-2027, with bias toward gradual MXN weakening as the rate differential compresses.