Exchange Rate
17.0824
Daily Change
-0.0557 -0.32%
Monthly
-2.54%
Yearly
-8.08%
Q3 Forecast
17.0725
Mexican Peso - Summary

The Mexican peso strengthened to 17.21 per USD from the near four-month low of 17.60 reached on July 24th after Banxico kept its benchmark interest rate unchanged at 6.50% and signaled that it expects to maintain the current policy stance. The central bank held rates steady for a second consecutive meeting as policymakers balanced falling headline inflation and weaker economic activity against persistent services inflation and risks from the Middle East conflict. Banxico reiterated that future decisions will depend on incoming data and highlighted uncertainty surrounding geopolitical tensions and global trade policies. The peso continued to benefit from a wide interest rate differential, with Mexico's policy rate at 6.50% compared with the Federal Reserve's 3.50%-3.75% target range.

Mexican Peso - Stats

The USD/MXN exchange rate fell to 17.0824 on August 11, 2026, down 0.32% from the previous session. Over the past month, the Mexican Peso has strengthened 2.54%, and is up by 8.08% 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 August 11 of 2026.

Mexican Peso - Forecast

The USD/MXN exchange rate fell to 17.0824 on August 11, 2026, down 0.32% from the previous session. Over the past month, the Mexican Peso has strengthened 2.54%, and is up by 8.08% over the last 12 months. The Mexican Peso is expected to trade at 17.07 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 16.70 in 12 months time.



Crosses Price Day Year Date
USDMXN 17.0824 -0.0557 -0.32% -8.08% Aug/11
EURMXN 19.7103 -0.0770 -0.39% -9.16% Aug/11
GBPMXN 23.0697 -0.0836 -0.36% -8.05% Aug/11
AUDMXN 12.0721 -0.0190 -0.16% -0.52% Aug/11
NZDMXN 10.0570 -0.0245 -0.24% -9.16% Aug/11
MXNJPY 9.3140 0.0321 0.35% 17.18% Aug/11
MXNCNY 0.3945 0.0009 0.22% 2.03% Aug/11
MXNCHF 0.0475 0.0002 0.42% 9.44% Aug/11
MXNCAD 0.0814 0.0001 0.08% 9.85% Aug/11
MXNARS 87.1715 -0.2499 -0.29% 23.01% Aug/11
MXNBRL 0.3020 0.0038 1.27% 4.11% Aug/11
MXNCZK 1.2294 0.0032 0.26% 9.08% Aug/11
MXNDKK 0.3789 0.0010 0.26% 10.18% Aug/11
MXNHUF 18.5129 0.0846 0.46% 1.64% Aug/11
MXNIDR 1,043.4094 5.2871 0.51% 19.28% Aug/11
MXNINR 5.5777 0.0114 0.20% 18.32% Aug/11
MXNKRW 82.6588 -0.0684 -0.08% 10.98% Aug/11
MXNMYR 0.2393 0.0006 0.25% 5.12% Aug/11
MXNRUB 4.8300 0.0160 0.33% 12.98% Aug/11
 Currencies
 MXN...
 ...MXN



Related Last Previous Unit Reference
Mexico Inflation Rate 3.12 3.37 percent Jul 2026
United States Inflation Rate 3.50 4.20 percent Jun 2026
Mexico Interest Rate 6.50 6.50 percent Aug 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jul 2026
United States Unemployment Rate 4.10 4.20 percent Jul 2026
Mexico Unemployment Rate 2.90 2.80 percent Jun 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
17.08 17.14 25.78 0.01 1972 - 2026 Daily

News Stream
Mexican Peso Hits 26-month High
The Mexican Peso touched 17.08 against the USD, the highest since June 2024. Over the past 4 weeks, US Dollar Mexican Peso lost 2.54%, and in the last 12 months, it decreased 8.08%.
2026-08-11
Mexican Peso Gains After Banxico Meeting
The Mexican peso strengthened to 17.21 per USD from the near four-month low of 17.60 reached on July 24th after Banxico kept its benchmark interest rate unchanged at 6.50% and signaled that it expects to maintain the current policy stance. The central bank held rates steady for a second consecutive meeting as policymakers balanced falling headline inflation and weaker economic activity against persistent services inflation and risks from the Middle East conflict. Banxico reiterated that future decisions will depend on incoming data and highlighted uncertainty surrounding geopolitical tensions and global trade policies. The peso continued to benefit from a wide interest rate differential, with Mexico's policy rate at 6.50% compared with the Federal Reserve's 3.50%-3.75% target range.
2026-08-06
Mexican Peso Steady After Fed Decision
The Mexican peso held steady at 17.44 per USD in late July after the Federal Reserve left interest rates unchanged, a decision that weakened the US dollar as roughly one-third of investors had expected a rate hike. Mexico continued to benefit from a wide interest rate differential, with Banxico's policy rate at 6.50% versus the Fed's 3.50%-3.75% range, although further Fed tightening could narrow the peso's yield advantage. Investors also viewed Mexico's trade position favorably after the US announced new tariffs on imports from about 60 economies. Goods that comply with USMCA rules of origin will remain exempt from the new measures, preserving Mexico's preferential access to the US market. Meanwhile, Mexico's trade surplus widened to $4.09 billion in June from $0.51 billion a year earlier, well above forecasts of $2.28 billion.
2026-07-29