Exchange Rate
18.6843
Daily Change
0.2594 1.41%
Monthly
8.06%
Yearly
1.36%
Q4 Forecast
18.3814
Mexican Peso - Summary

The USD/MXN exchange rate rose to 18.6814 on October 21, 2026, up 1.39% from the previous session. Over the past month, the Mexican Peso has weakened 8.04%, and is down by 1.35% over the last 12 months.

Mexican Peso - Stats

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 October 21 of 2026.

Mexican Peso - Forecast

The Mexican Peso is expected to trade at 18.38 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 17.96 in 12 months time.



Crosses Price Day Year Date
USDMXN 18.6843 0.2594 1.41% 1.36% Oct/21
EURMXN 20.9714 0.2638 1.27% -2.02% Oct/21
GBPMXN 25.0099 0.3549 1.44% 1.78% Oct/21
AUDMXN 13.1089 0.2060 1.60% 9.61% Oct/21
NZDMXN 10.6275 0.1511 1.44% 0.49% Oct/21
MXNJPY 8.4692 -0.1182 -1.38% 2.72% Oct/21
MXNCNY 0.3580 -0.0042 -1.17% -7.38% Oct/21
MXNCHF 0.0442 -0.0006 -1.23% 2.37% Oct/21
MXNCAD 0.0754 -0.0010 -1.25% -0.75% Oct/21
MXNARS 81.8587 -0.8962 -1.08% 1.37% Oct/21
MXNBRL 0.2700 -0.0029 -1.06% -7.84% Oct/21
MXNCZK 1.1579 -0.0157 -1.34% 1.99% Oct/21
MXNDKK 0.3568 -0.0042 -1.16% 2.24% Oct/21
MXNHUF 17.4335 -0.1516 -0.86% -4.10% Oct/21
MXNIDR 967.0916 -9.3587 -0.96% 7.37% Oct/21
MXNINR 5.0844 -0.0584 -1.13% 6.82% Oct/21
MXNKRW 71.0618 -0.9201 -1.28% -8.53% Oct/21
MXNMYR 0.2188 -0.0028 -1.28% -4.67% Oct/21
MXNRUB 4.3949 -0.0806 -1.80% -0.60% Oct/21
 Currencies
 MXN...
 ...MXN



Related Last Previous Unit Reference
United States Inflation Rate 3.70 3.40 percent Sep 2026
Mexico Inflation Rate 3.45 3.26 percent Sep 2026
Mexico Interest Rate 6.50 6.50 percent Sep 2026
United States Fed Funds Interest Rate 4.00 3.75 percent Sep 2026
United States Unemployment Rate 4.20 4.10 percent Sep 2026
Mexico Unemployment Rate 3.00 2.90 percent Aug 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
18.68 18.42 25.78 0.01 1972 - 2026 Daily

News Stream
Mexican Peso Approaches 11-Month Low
The Mexican peso weakened to around 18.47 per US dollar in October, testing the lowest in 11 months, as the narrowing interest-rate differential between Mexico and the US reduced the pes’s appeal. In the US, annual producer price inflation reached 6.3%, while consumer price inflation rose to 3.7%, reinforcing expectations that the Federal Reserve will hike rates this year. Meanwhile, minutes from Banxico’s latest monetary policy meeting showed that most members of the Governing Board believe moderating core inflation and weak domestic consumption provide room to continue easing monetary policy into late 2026 and early 2027. Expectations of a narrower interest-rate differential have boosted demand for the dollar by reducing the expected inflow of capital into Mexico as Mexican yields become less attractive to foreign investors. On the other hand, expectations of record exports in 2026, driven by artificial intelligence and industrial relocation, are providing some support for the peso.
2026-10-16
Mexican Peso Weakens Toward One-Year Low
The Mexican peso weakened to around 18.44 per US dollar in October, nearing a one-year low after the release of the Bank of Mexico’s meeting minutes. The currency became one of the worst performers among emerging markets as the minutes left open the possibility of further interest-rate cuts. Most members of the Governing Board said moderating core inflation and weak domestic consumption provide room to continue easing monetary policy into late 2026 and early 2027. Expectations of a narrowing interest-rate differential between Mexico and the US reduced the peso’s appeal in carry trades, boosting demand for dollars in the spot market. Meanwhile, annual inflation rose to 3.45% in September from 3.26% in August. Although slightly below market expectations, the reading added uncertainty to the domestic monetary policy outlook.
2026-10-09
Mexican Peso Weakens Toward One-Year Low
The Mexican peso weakened to around 18.4 per US dollar in October, nearing a one-year low and tracking gains by the US currency against other emerging-market currencies. The dollar strengthened amid expectations of further Fed tightening, as elevated inflationary pressures stemming from the Middle East situation coincided with resilient US economic performance. The narrowing interest-rate differential is also undermining the appeal of the Mexican currency. Narrower yield spreads between Mexico and developed economies, combined with expectations that Banxico will keep monetary policy stable, are reducing the incentive for peso carry-trade strategies.
2026-10-01