USD → 
MXN 🔥 Most searched Rate as of2026-05-16 USD to MXN Converter.
⚡
Current rate
1 USD = 17.85 MXN as of 2026-05-16. One of the world's top remittance corridors (US-to-Mexico flows exceed $63 billion/year — Mexico's largest foreign income source, beating oil exports). Also massive due to nearshoring trade — Mexico is now the US's top trading partner, surpassing China since 2023. The MXN has unusually strengthened against USD over 5 years (a "superpeso") driven by manufacturing FDI and high real interest rates.
💱
Rate as of 2026-05-16USD → MXN Converter
$
🇺🇸 $1.00 = 🇲🇽
MX$17.85
Rate: 1 USD = 17.8500 MXN
Common conversions
| 🇺🇸 USD | 🇲🇽 MXN |
|---|---|
| $1.00 | MX$17.85 |
| $10.00 | MX$178.50 |
| $100.00 | MX$1,785.00 |
| $500.00 | MX$8,925.00 |
| $1,000.00 | MX$17,850.00 |
| $5,000.00 | MX$89,250.00 |
| $10,000.00 | MX$178,500.00 |
| $50,000.00 | MX$892,500.00 |
| $100,000.00 | MX$1,785,000.00 |
✨ Mid-market rate · 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend
USD trend over time.
Today
17.85
1 USD = MXN
1 year ago
17.2
↑ 3.8% in 12 months
5 years ago
20.1
↓ 11.2% in 5 years
❓ FAQ
USD to MXN FAQ.
Best way to send USD to MXN for family remittance?
For small-to-medium amounts ($100-$3,000): Remitly, Wise, and Xoom (PayPal) consistently beat Western Union by 1-2.5% in effective rate. Pickup in Mexico via OXXO, BBVA, or Banorte is typical. For larger transfers ($5,000+): direct bank wire to a Mexican bank account is cheapest if both sides have established accounts. Walmart-to-Walmart and MoneyGram remain popular for cash-cash but with worse rates.
Why is MXN so strong (the "superpeso")?
Three structural drivers: (1) nearshoring — US manufacturers shifted from China to Mexico, creating sustained FDI flows of $35B+/year, (2) Banxico's real interest rate (~10% with inflation at 4%) made MXN one of the highest-carry EM currencies, (3) record remittance inflows from US working-age migrants. The 2024-2025 USD-MXN low of 16.8 was the strongest peso in 8 years. Some weakening in 2025-2026 with Fed cuts narrowing rate differential.
Nearshoring impact on USD-MXN — outlook?
Nearshoring is structurally USD-bearish vs MXN: US factories shifting to Mexico means sustained capital flows TO Mexico, increasing MXN demand. Counter-weight is Banxico cutting rates faster than Fed (narrows carry). Most institutional forecasts have USD-MXN trading 17.5-19.0 range through 2026-2027, with bias toward gradual MXN weakening as the rate differential compresses.
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