USD/MXN exchange rate
United States dollar to Mexican peso
Price history
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Key statistics
- 1 week
- +1.01%
- 1 month
- +6.96%
- 1 year
- -0.29%
- 52-week high
- 18.64980 Nov 5, 2025
- 52-week low
- 16.89800 Aug 21, 2026
- Average daily move
- 0.38% · 694 pips
- Typical weekly range
- 0.98%
USD/MXN at a glance
USD/MXN closed at 18.38360 on Oct 16, 2026, down 0.75% on the previous session. Over the past year the pair traded between a low of 16.89800 on Aug 21, 2026 and a high of 18.64980 on Nov 5, 2025, and it is down 0.29% over twelve months.
On an average day USD/MXN moves about 0.38% (694 pips), and in a typical week it covers a range of around 0.98% from high to low.
What moves USD/MXN
United States dollar (USD)
Set by the Federal Reserve (Fed). The United States dollar is the world's reserve currency; moves on Fed rate expectations, US jobs and inflation data, and global risk appetite.
Mexican peso (MXN)
Set by the Bank of Mexico (Banxico). The Mexican peso is the most traded emerging-market currency in the Americas; high interest rates make it popular for carry trades.
When the USD strengthens against the MXN, USD/MXN rises. Interest-rate differences between the two central banks are usually the biggest long-term driver.
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Related pairs
All pairsRates are European Central Bank reference rates published each business day; they are not dealing prices. Statistics use daily closes since Oct 1, 2021.