Today's USD-MXN commentary

The current USD-MXN exchange rate of $18.689 for $1 is lower than the average rate of $1 = $18.689 we registred over the last two weeks. The difference between the lowest and highest value of the USD-MXN mid-market rate in the last fourteen days is relatively small, a sign of low volatility.


USD Profile

Name: US Dollar

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Federal Reserve Bank

Country(ies): United States, American Samoa

Rank in the most traded currencies: #1

MXN Profile

Name: Mexican Peso

Symbol: $

Minor Unit: 1/100 Cent

Central Bank: Bank of Mexico

Country(ies): Mexico

Rank in the most traded currencies: #10



The USD or US dollar is recognised in many countries outside of the United States of America. It is generally a stable currency to trade, and other names for it include the greenback, dough, bones, paper, buck, green, smacker, scrillas or dead presidents. Its symbol is $ and its denominations start in 1/100 using cents. For example, 1¢, 5¢, 10¢, 25¢ with 100¢ being equivalent to $1. The dollar denominations are $1, $5, $10, $20, $50, $100. Countries using the USD as their regular currency include the United States, American Samoa, and America.

Reasons to exchange USD for Pesos include business or tourist travel to Mexico. Those on a holiday may find it easier if their USD are converted to Pesos for local purchases. Interestingly, some places in Mexico will honour USD as though it is a Peso, while others do not.

The MXN or Mexican Peso is the currency used in Mexico. Its symbol is also the $ and the denominations for cents are the same as in USD $. Dollars in Mexico are known as Pesos or buillullos, feria, plata, lana, villanos and many other names. Pesos come in denominations starting at $1, $2, $5, $10, $50 and going up to $100, $200, $500 and $1,000.