USD/MXN Outlook 2026: What's Driving the Mexican Peso?
The Mexican peso has shown remarkable resilience despite global uncertainty. Here is our in-depth analysis of the key factors shaping the USD/MXN exchange rate this year.
1 USD =
MX$ 16.8980
+0.0080 (0.05%) todayBuy
MX$ 16.8389
Sell
MX$ 16.9571
โก Rates update every 60s. Verify before transacting.
You receive
MX$ 16,957.10
At the current sell rate of MX$ 16.9571
MX$ 16.8947
For settling obligationsBanxico reference rate. Applies to the settlement of financial transactions and MXN contracts.
MX$ 16.8947
For tax paymentsThe rate the SAT uses to calculate and pay taxes, federal contributions and tax filings.
MX$ 16.8947
For legal and tax paymentsRate published in the Official Gazette of the Federation. Legal reference for contracts and government payments.
โ ๏ธ These are not commercial rates. To exchange dollars and receive more pesos, use Tkambio (Market Rate) โ
Source: Banco de Mรฉxico / DOF. Published every business day at ~14:00 hrs.
The world's #1 remittance corridor sends $63 billion a year. See who gives your family the most pesos.
| Provider | Exchange Rate | Fee | Total Received (MXN) | Delivery | Action |
|---|---|---|---|---|---|
| ๐ Tkambio ๐ BEST DEAL PARTNER | MX$ 16.8811 | $0.00 | MX$ 8,440.55 | Minutes | |
| Remitly | MX$ 16.8220 | $0.00 | MX$ 8,411.00 | Minutes | Send โ |
| Wise PARTNER | MX$ 16.8558 | $4.28 | MX$ 8,355.76 | 1โ2 days | |
| Ria Money Transfer | MX$ 16.5938 | $0.00 | MX$ 8,296.90 | 1โ2 days | Send โ |
| PaySend | MX$ 16.6699 | $2.99 | MX$ 8,285.11 | 1 day | Send โ |
| Xoom (PayPal) | MX$ 16.6952 | $4.99 | MX$ 8,264.29 | Minutes | Send โ |
| MoneyGram | MX$ 16.6192 | $4.99 | MX$ 8,226.67 | 1 day | Send โ |
| Western Union | MX$ 16.6445 | $5.99 | MX$ 8,222.55 | Minutes | Send โ |
| ๐ Mexican bank (average of 6) | MX$ 16.2190 | $0.00 | MX$ 8,109.50 | 1โ2 days |
๐ก Just received dollars in Mexico? Exchange them online with Tkambio and get more pesos than any bank
Try Tkambio โRates are indicative and recalculated from the live interbank rate. Last updated: Sep 10, 2026, 03:51. Always confirm on the provider's website.
Compare banks, online cambios and official payment rates โ all in one place
Spread MX$ 0.1183 โ significantly tighter than the banks (MX$ 0.77-1.24)
| Institution | Buy (MXN) | Sell (MXN) | Spread | vs Yesterday | Type |
|---|---|---|---|---|---|
Tkambio USA
Partner
|
MX$ 16.8389 | MX$ 16.9571 | 0.1182 | โ +0.05% | Partner |
Afirme
|
MX$ 16.0000 | MX$ 17.6000 | 1.6000 | โ 0.00% | Private |
Banco Azteca
|
MX$ 16.8000 | MX$ 17.4900 | 0.6900 | โ 0.00% | Private |
Bank of America
|
MX$ 16.0256 | MX$ 17.8891 | 1.8635 | โ 0.00% | Private |
Banorte
|
MX$ 15.7000 | MX$ 17.2000 | 1.5000 | โ 0.00% | Private |
Multiva
|
MX$ 16.9200 | โ | โ | โ | Private |
|
Scotiabank Mรฉxico
|
MX$ 16.4000 | MX$ 17.4000 | 1.0000 | โ 0.00% | Private |
Ve por mas
|
MX$ 16.3881 | MX$ 17.4031 | 1.0150 | โ 0.00% | Private |
๐ก Mexican banks carry wide spreads. Online casas de cambio give you 3โ5% more pesos for the same dollars.
Source: public exchange-rate aggregator + Banxico. Updated every 15 minutes.
| Provider | Buy | Sell | Spread | Min. Op. | Max. Op. | CNBV | Action |
|---|---|---|---|---|---|---|---|
|
โญ Tkambio
๐บ๐ธ Recommended for USA
Market Rate
|
MX$ 16.8811 | MX$ 16.9149 | 0.0338 | $10 | $50,000 | โ | |
| โญ Wise PARTNER | MX$ 16.8558 | MX$ 16.9571 | 0.1013 | $1 | $15,000 | โ | |
| Cuenca | MX$ 16.8304 | MX$ 16.9656 | 0.1352 | $10 | $5,000 | โ | Visit โ |
| Monex Digital | MX$ 16.8220 | MX$ 16.9740 | 0.1520 | $500 | $50,000 | โ | Visit โ |
| Intercam | MX$ 16.8051 | MX$ 16.9909 | 0.1858 | $200 | $30,000 | โ | Visit โ |
| Western Union Digital | MX$ 16.6952 | MX$ 17.1008 | 0.4056 | $10 | $2,999 | โ | Visit โ |
| ๐ Official Reference Rates โ Banco de Mรฉxico / DOF These rates are used for tax payments, contracts and legal obligations. They are not commercial rates. | |||||||
|
๐ Banco de Mรฉxico โ FIX
For settling obligations
|
MX$ 16.8947 | MX$ 16.8947 | โ | โ | โ | โ | Reference rate |
|
๐ SAT โ Tax Administration Service
For tax payments
|
MX$ 16.8947 | MX$ 16.8947 | โ | โ | โ | โ | Reference rate |
|
๐ฐ DOF โ Official Gazette
For legal and tax payments
|
MX$ 16.8947 | MX$ 16.8947 | โ | โ | โ | โ | Reference rate |
โ ๏ธ The Banxico, SAT and DOF figures are official reference rates - not commercial rates. To exchange dollars and get more pesos, use Tkambio (Market Rate) โ
โน๏ธ Partner links (โญ): we may earn a commission at no extra cost to you. All listed providers are CNBV-authorised.
Context and analysis for the USD/MXN market
The Mexican peso has shown remarkable resilience despite global uncertainty. Here is our in-depth analysis of the key factors shaping the USD/MXN exchange rate this year.
Whether you're traveling to Mexico or sending money to family, a favourable exchange rate can save you real money. Here are expert tips to maximise your pesos.
Banco de Mรฉxico's latest interest rate decision sent ripples through currency markets. We analyse what it means for everyday USD/MXN transactions.