The Mexican peso traded near 17.3 per USD in early June as investors balanced stronger US economic data against rising tensions in the Middle East. The currency remained stable despite broad dollar strength fueled by safe-haven demand. Tensions escalated after Iran launched ballistic missiles toward neighboring countries, prompting US strikes on targets linked to Tehran, while diplomatic negotiations remained stalled. Markets also assessed stronger-than-expected US labor data, with the ADP report showing private-sector employment rose more than forecast in May, reinforcing signs of resilience in the US economy. Investors further monitored job openings figures that could influence upcoming Federal Reserve decisions, as a solid labor market supports expectations that interest rates may stay elevated for longer. Additional caution stemmed from a US proposal to impose new tariffs on imports from 60 economies. Despite these headwinds, the peso recovered part of its earlier weekly losses.

The USD/MXN exchange rate fell to 17.3803 on June 10, 2026, down 0.41% from the previous session. Over the past month, the Mexican Peso has weakened 1.11%, but it's up by 8.10% over the last 12 months. Historically, the USDMXN reached an all time high of 25.78 in April of 2020. Mexican Peso - data, forecasts, historical chart - was last updated on June 10 of 2026.

The USD/MXN exchange rate fell to 17.3803 on June 10, 2026, down 0.41% from the previous session. Over the past month, the Mexican Peso has weakened 1.11%, but it's up by 8.10% over the last 12 months. The Mexican Peso is expected to trade at 17.44 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17.03 in 12 months time.



Crosses Price Day Year Date
USDMXN 17.4023 -0.0483 -0.28% -7.98% Jun/10
EURMXN 20.0952 -0.0571 -0.28% -7.51% Jun/10
GBPMXN 23.2932 -0.0647 -0.28% -9.07% Jun/10
AUDMXN 12.2100 -0.0555 -0.45% -0.68% Jun/10
NZDMXN 10.1255 -0.0226 -0.22% -12.09% Jun/10
MXNJPY 9.2213 0.0381 0.41% 20.60% Jun/10
MXNCNY 0.3899 0.0015 0.39% 2.44% Jun/10
MXNCHF 0.0459 0.0002 0.42% 5.85% Jun/10
MXNCAD 0.0802 0.0002 0.28% 10.87% Jun/10
MXNARS 82.6653 0.0356 0.04% 32.34% Jun/10
MXNBRL 0.2973 -0.0001 -0.05% 1.54% Jun/10
MXNCZK 1.2031 0.0037 0.31% 5.48% Jun/10
MXNDKK 0.3722 0.0012 0.32% 8.40% Jun/10
MXNHUF 17.7167 0.0536 0.30% -3.79% Jun/10
MXNIDR 1,025.8138 1.2062 0.12% 19.36% Jun/10
MXNINR 5.4698 0.0016 0.03% 21.06% Jun/10
MXNKRW 87.3845 0.1109 0.13% 20.61% Jun/10
MXNMYR 0.2342 0.0015 0.63% 4.53% Jun/10
MXNRUB 4.1572 0.0329 0.80% -1.11% Jun/10
 Currencies
 MXN...
 ...MXN



Related Last Previous Unit Reference
United States Inflation Rate 4.20 3.80 percent May 2026
Mexico Inflation Rate 3.94 4.45 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent May 2026
Mexico Interest Rate 6.50 6.75 percent May 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
Mexico Unemployment Rate 2.50 2.40 percent Apr 2026

Mexican Peso
The USDMXN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the MXN. While the USDMXN spot exchange rate is quoted and exchanged in the same day, the USDMXN forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
17.38 17.45 25.78 0.01 1972 - 2026 Daily

News Stream
MXN Steady as Markets Assess US Data and Middle East Risks
The Mexican peso traded near 17.3 per USD in early June as investors balanced stronger US economic data against rising tensions in the Middle East. The currency remained stable despite broad dollar strength fueled by safe-haven demand. Tensions escalated after Iran launched ballistic missiles toward neighboring countries, prompting US strikes on targets linked to Tehran, while diplomatic negotiations remained stalled. Markets also assessed stronger-than-expected US labor data, with the ADP report showing private-sector employment rose more than forecast in May, reinforcing signs of resilience in the US economy. Investors further monitored job openings figures that could influence upcoming Federal Reserve decisions, as a solid labor market supports expectations that interest rates may stay elevated for longer. Additional caution stemmed from a US proposal to impose new tariffs on imports from 60 economies. Despite these headwinds, the peso recovered part of its earlier weekly losses.
2026-06-04
Mexican Peso Holds Near 17.3 per USD
The Mexican peso traded near 17.3 per USD in late May as markets monitored developments in peace negotiations between the US and Iran while digesting key domestic economic data. With Pakistan acting as mediator, the US and Iran moved somewhat closer to a potential agreement to end the conflict, although disagreements over Tehran’s uranium stockpiles and control of the Strait of Hormuz continued to prevent a final deal. Domestically, investors assessed revised GDP data showing Mexico’s economy contracted 0.6% quarter-on-quarter in Q1 while expanding just 0.2% from a year earlier. Inflation also slowed more than expected in the first half of May, though it remained above the central bank’s target, with annual CPI easing to 4.1%. The developments followed Moody’s downgrade of Mexico’s sovereign rating to “Baa3,” the lowest investment-grade level, and S&P Global Ratings’ decision to revise the outlook on the country’s “BBB” rating to negative.
2026-05-22
Mexican Peso Weakens as Fed Rate Hike Bets Grow
The Mexican peso weakened to 17.3 per USD in mid-May as rising energy-driven inflation pressures fueled expectations that the Federal Reserve could raise interest rates later this year. The stronger US dollar coincided with higher US Treasury yields, adding pressure on emerging market currencies. Earlier in the month, the Bank of Mexico lowered its benchmark interest rate by 25 basis points to 6.5%, but signaled that the easing cycle that began in March 2024 had likely ended. Banxico adopted a more cautious stance as elevated energy prices linked to the Middle East conflict threatened to lift inflation expectations in Mexico. Meanwhile, the latest GDP data showed the Mexican economy contracted 0.8% in the first quarter, a steeper decline than markets had expected.
2026-05-15