Mexico: USD exchange rate

The currency chart for Mexico shows historical data for the Mexican Pesos per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Mexican Pesos per USD. Depreciation implies that goods from Mexico become cheaper to export and it becomes cheaper for foreigners to visit Mexico.

The series for Mexico are available from January 2000 to March 2025. For that period, the average exchange rate for Mexico was 14.5412 Mexican Pesos per USD with a minimum of 9.0511 Mexican Pesos per USD in March 2002 and a maximum of 24.248 Mexican Pesos per USD in April 2020. The most recent available data point is 20.2464 Mexican Pesos per USD, a change of -1.16% from the previous data point of 20.4849 Mexican Pesos per USD and a change of 20.72% from a year ago when the level was 16.7718 Mexican Pesos per USD.

Currency values in Mexico and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.