What you should know about...
Mexican Pesos (MXN)
The MXN is the official currency of Mexico, with the symbol $.
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Mexican Pesos to US Dollars: Exchange rates today
 MXN |  USD |
|---|---|
| 1 MXN | 0.05 USD |
| 10 MXN | 0.54 USD |
| 20 MXN | 1.08 USD |
| 50 MXN | 2.70 USD |
| 100 MXN | 5.40 USD |
| 250 MXN | 13.51 USD |
| 300 MXN | 16.21 USD |
| 500 MXN | 27.02 USD |
| 1,000 MXN | 54.05 USD |
| 2,000 MXN | 108.10 USD |
| 5,000 MXN | 270.25 USD |
| 10,000 MXN | 540.50 USD |
| USD | MXN |
|---|---|
| 1 USD | 18.30 MXN |
| 10 USD | 183.02 MXN |
| 20 USD | 366.05 MXN |
| 50 USD | 915.14 MXN |
| 100 USD | 1,830.28 MXN |
| 250 USD | 4,575.70 MXN |
| 300 USD | 5,490.84 MXN |
| 500 USD | 9,151.41 MXN |
| 1,000 USD | 18,315.47 MXN |
| 2,000 USD | 36,655.85 MXN |
| 5,000 USD | 91,639.63 MXN |
| 10,000 USD | 183,316.07 MXN |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Mexican Pesos
History
The Mexican Pesos was established as the official currency of Mexico in 1993. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Mexico and North America. Check our guide about the evolution of MXN to USD to learn more about their exchange rate history.Characteristics
The Mexican Pesos is divided into Centavo. You'll find Mexican Pesos banknotes in 20, 50, 100, 200, 500, 1000 pesos and coins in 1, 2, 5, 10, 20 pesos; 5, 10, 20, 50 centavos.Monetary policy
The Mexican Pesos is managed by the Banco de México, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Mexico.Currency exchange
The value of the Mexican Pesos is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Mexican Pesos (MXN)
| Currency name | Mexican Pesos | |
| Currency code | MXN | |
| Currency symbol | $ | |
| Minor unit | Centavo | |
| Minor unit symbol | ¢ | |
| Notes frequently used | 20, 50, 100, 200, 500, 1000 pesos | |
| Coins frequently used | 1, 2, 5, 10, 20 pesos; 5, 10, 20, 50 centavos | |
| Central bank | Banco de México | |
| Users | Mexico |
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