Beware of bad exchange rates.Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. Our smart tech means we’re more efficient – which means you get a great rate. Every time.
Simply type in the box how much you want to convert.
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Choose your currencies
Click on the drop-downs to select the currencies you want to convert between.
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That’s it
Our currency converter will show you the current rate and how it’s changed over the past day, week or month.
Are you overpaying your bank?
Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate. Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers.
In order to do this, you need to know the current exchange rate. At the time of writing, 1 MXN is worth 0.05 USD. Once you know that information, multiply the amount you have in pesos by the current exchange rate.
In order to do this, you need to know the current exchange rate. At the time of writing, 1 MXN is worth 0.05 USD. Once you know that information, multiply the amount you have in pesos by the current exchange rate.
Best place to exchange currency: Your bank or credit union
That way, you'll know what the going rate is and have an idea of what to expect when comparing exchange rates at banks and currency exchange service providers. Many banks offer currency exchange to their customers.
The best place to exchange currency in Mexico is at a large bank or select ATMs. Both options will use the 'real' exchange rate, also known as the mid-market exchange rate. It's the midpoint between the buy and sell rate in global currency markets.
Basic Info. US Dollar to Mexican Peso Exchange Rate is at a current level of 17.12, down from 17.12 the previous market day and down from 18.03 one year ago. This is a change of -0.03% from the previous market day and -5.03% from one year ago.
The USD/MXN currency pair accounts for the bulk of trading activity in the peso. The best time for MXN trading is typically in the morning, when financial markets are open and there is a steady flow of economic news.
The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately. Sending money abroad is as easy as ever.
With 500 pesos in Mexico, you can purchase a variety of goods and services. Here are some examples of what you can buy: 1. Groceries: You can buy a week's worth of basic groceries, including items like fruits, vegetables, bread, milk, eggs, and some meat or poultry.
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