View the live USD/MXN rate, historical performance, and forecasts for the Mexican Peso. Stay up to date with charts, data, and analysis from Trading Economics.

Prices for USDMXN US Dollar Mexican Peso including live quotes, historical charts and news. USDMXN US Dollar Mexican Peso was last updated by Trading Economics this September 28 of 2025.

Key information about Mexico Exchange Rate against USD

• Mexico Exchange Rate against USD averaged 17.749 (USD/MXN) in May 2023, compared with 18.095 USD/MXN in the previous month.
• Mexico Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 24.180 in Apr 2020 and a record low of 0.012 in Jun 1974.

CEIC extends history for monthly average Exchange Rate against USD. Federal Reserve Board provides average Exchange Rate against USD. Exchange Rate against USD prior to November 1993 is sourced from the International Monetary Fund.


Key information about Mexico Exchange Rate against USD

• In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 11.520 % pa in May 2023.
• Its Long Term Interest Rate (UDIBONOS Average Yield: 10 Years) was reported at 4.500 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 11.250 % pa in May 2023.

Key information about Mexico Real Effective Exchange Rate

• Mexico Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mexico) was 102.8 in Jan 2025, compared with the number of 102.3 in the previous month.
• Mexico Real Effective Exchange Rate data is updated monthly and averaged 189.2 from Jan 1968 to Jan 2025.
• The data reached an all-time high of 189.2 in Apr 1987 and a record low of 75.5 in Mar 2002.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bank of Mexico provides Real Exchange Rate Index with base 1990=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Mexico Real Effective Exchange Rate

• In the latest reports, Mexico Interbank Equilibrium Interest Rate: 91 Days TIIE: Month End was reported at 9.8 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 9.5 % pa in Feb 2025.
• Mexico Exchange Rate against USD averaged 17.2 (USD/MXN) in Jun 2023.

Mexico MX: Official Exchange Rate: Average: per USD data was reported at 18.927 MXN/USD in 2017. This records an increase from the previous number of 18.664 MXN/USD for 2016. Mexico MX: Official Exchange Rate: Average: per USD data is updated yearly, averaging 2.367 MXN/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 18.927 MXN/USD in 2017 and a record low of 0.012 MXN/USD in 1973. Mexico MX: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Mexico – Table MX.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;