The Mexican peso is now among the 15 most traded currency units in the world, and is the most traded currency in Latin America. All investment services are provided by the respective Wise Assets entity in your location.
We can’t send money between these currencies
Our currency rankings show that the most popular Mexican Peso exchange rate is the MXN to USD rate. The currency code for Mexican Pesos is MXN. Our currency rankings show that the most popular US Dollar exchange rate is the USD to USD rate. The currency code for US Dollars is USD.
How to convert Mexican pesos to US dollars
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Convert from United States Dollar (USD) to Mexican Peso (MXN)
It’s known locally as a buck or greenback. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. To view rates between the US Dollar and the Philippine Peso for a particular year, click on one of the links below.
Are you overpaying your bank?
We collect fees and rates from the most popular money transfer providers — so you don’t have to. We calculate the full price you’ll pay when sending USD to PHP with each provider — including the hidden markup in the exchange rate. Since 1995, the Xe Currency Converter has provided free mid-market exchange rates for millions of users. Our latest currency calculator is a direct descendent of the fast and reliable original “Universal Currency Calculator” and of course it’s still free! Learn more about Xe, our latest money transfer services, and how we became known as the world’s currency data authority. Leading competitors have a dirty little secret.
- Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate.
- Instead, save money on the exchange rate with a Wise multi-currency debit card.
- The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs.
- The currency code for Mexican Pesos is MXN.
- First, check on currexy.com currency converter for general usd to mxn conversion rate, then you can look for currency exchange or exchange money somewhere online.
Wise gives you the real, mid-market, exchange rate, so you can make huge savings on your international money transfers. 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.
They add hidden markups to their exchange rates – charging you more without your knowledge. And if they have a fee, they charge you twice. When sending money abroad, banks or other providers will likely charge you a conversion fee. Hidden markups in the exchange rate can end up costing even more than the conversion fee itself. This means that when sending international transfers, many banks and providers charge you twice. Wise always gives you the real exchange rate, just like the one you’ll see on Google.
You’re charged the hidden markup when you make a transfer — often without even realising. Even when services claim to have zero fees, you’re still being charged. Check live rates, send money securely, set rate alerts, receive notifications and more. Send money abroad using Wise and we’ll use the same rate you see on our currency converter. Sending money abroad is as easy as ever. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks.
Wise is a Money Service Business registered with FinCen. It is authorized to operate in most states. In other states, the program is sponsored by Community Federal Savings Bank, to which we’re a service provider. Wise never hides fees in the exchange rate.
Compare today’s best exchange rate for Philippine peso. We compare live prices for money transfer providers in United States — so you can get the best value for your money. When exchanging Philippine peso between themselves, banks and transfer services use the mid-market rate (also known as the interbank rate). For more information on the calculation of exchange rates used by federal agencies, please see the Treasury Financial Manual, volume 1, part 2, section 3235. This Exchange Rate Converter Tool is designed to make foreign currency exchange data values easier to access for federal agency reporting purposes.
As long as we get your money within a day, you’ll never lose out on a great price. The U.S. dollar is the currency most used in international transactions. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity.
The USD/PHP rate was up +4.06% in 2024. This means the US Dollar increased in value compared to the Philippine Peso. The USD/PHP rate is up +0.24% (+0.13850) since April 22, xm group review 2024 which means the US Dollar has increased in value compared to the Philippine Peso. The peso was initially the name of the eight-real coins issued in Mexico by Spain.
USD to MXN currency pair can change anytime and may be difficult to predict the future. If you travel to United States, you can easily convert and get United States Dollar at any currency exchange in United States. First, check on currexy.com currency converter for general usd to mxn conversion rate, then you can look for currency exchange or exchange money somewhere online. But if you want just to convert your United States Dollar to Mexican Peso, then you have to compare and to know where is the best usd to mxn exchange rate in United States. Before you go to any currency exchange, you should check general conversion rate with currency converter. Banks often advertise free or low-cost transfers, but add a hidden markup to the exchange rate.
So when you make an international money transfer, you’ll know exactly what you’re getting. No nasty surprises — just the best Philippine peso rate, with a fair, transparent fee upfront. Banks and transfer services have a dirty little secret. They create their own exchange rates to make their customers pay a hidden markup. We want to bring you the best Philippine peso rate possible, so we’ve compared the prices for sending money from one bank account to another.
Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk. You should always look for the best possible exchange rate, regardless of the conversion method you’re using. The lower the cost of converting your money to PHP, the more money for you. That’s why it’s important to see the full cost of an international transfer before you send it.
When travelling abroad for business or pleasure, you might need Philippine peso to spend in restaurants, shops and bars. It can be tempting to buy Philippine peso in cash from high street banks, a local bureau de change, or by home delivery, but these methods can cost https://broker-review.org/ you more. Instead, save money on the exchange rate with a Wise multi-currency debit card. Wise’s currency converter will show you how much your money is worth in other currencies at the real exchange rate. You can convert over 140 currencies quickly and easily.
Compare our rate and fee with our competitors and see the difference for yourself. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years.
And if the rate isn’t right, we can let you know when it gets better. Sign up for rate alerts, and you’ll get live updates straight to your inbox. Interactive historical chart showing the daily U.S. Dollar – Mexican Peso (USDMXN) exchange rate back to 1994.
Sending cash or sending a money transfer from a bank branch usually costs more in extra fees. They add a hidden markup for customers. This is why you’ll see different exchange rates across providers. You’re paying the difference between the mid-market rate and the rate quoted by your transfer service.
With the Wise debit card, you can send and spend money at the real exchange rate, and convert it instantly. Withdraw money from ATMs abroad — with no fees on your first £200 every 30 days — or pay in shops and restaurants https://forexbroker-listing.com/lexatrade-forex-broker/ around the world. It’s taken everywhere that takes Mastercard. We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals.
