USD/MXN (Mexican peso): price today and what moves it
USD/MXN shows how many Mexican pesos one dollar costs. The peso is Latin America's most traded currency and one of the most used in emerging markets, so it reacts both to Mexico's economy and to global risk appetite.
USD/MXN (Mexican peso) · USDMXN
18.48794
Provider: market closed; last observation
Source: broker feed connected to AIMPATFX. Page refresh every two minutes. Prices may differ across providers and do not guarantee execution.
Check the contract: a stock, index or crypto CFD does not confer ownership of the asset. The broker symbol identifies its instrument; hours, spread and financing may differ from the reference market.
What is USD/MXN (Mexican peso)?
USD/MXN shows how many Mexican pesos one dollar costs. The peso is Latin America's most traded currency and one of the most used in emerging markets, so it reacts both to Mexico's economy and to global risk appetite.
What moves the price
Banxico versus the Fed
The rate differential attracts capital to the peso: Banxico cutting faster than the Fed usually weakens it.
Carry trade
Many investors borrow in low-yield currencies to buy pesos; in risk-off episodes those positions are closed and the dollar rises.
Trade with the US
Tariff decisions and trade under the USMCA weigh on the peso.
Remittances and oil
Remittances bring a steady inflow of dollars; oil matters through Pemex and public finances.
Check earnings and news against their publication dates, the economic calendar, liquidity and contract specifications. These factors explain risks; they do not alone determine a buy or sell decision.
When it moves the most
It trades like the rest of forex, Sunday to Friday. Liquidity peaks during the New York session and on Mexican data, usually released in the morning (Mexico City time).
Data and events to watch
- Banxico and Federal Reserve decisions
- Mexican inflation (INPC)
- US nonfarm payrolls and CPI
- US–Mexico trade and tariff news
- Monthly remittances
Before deciding
Define entry, invalidation and maximum loss. Size the position using tick value in your account currency. Include costs and check the quote before transferring levels from another provider.
Learn more
- US dollar vs Mexican peso: what moves USD/MXN and key levels
- Why the dollar is rising against the Mexican, Colombian and Chilean pesos
- Forex market hours: sessions in New York, London and Latin America
- What is trading and how to get started in 2026: a beginner's guide
Frequently asked questions
Why does the dollar rise against the Mexican peso?
It usually does when the rate differential narrows, global risk aversion increases or trade tension with the US flares. Check each case against the day's news.
How much is a pip worth in USD/MXN?
A pip is 0.0001. With 1 standard lot (100,000 USD) it is worth 10 pesos, converted into your account currency.
Does USD/MXN have wide spreads?
Wider than the majors, especially outside New York hours; also check the swap if you hold positions overnight.