Dollars to Pesos Converter

Convert US dollars to Mexican pesos with today's reference exchange rate. Switch to pesos to dollars with one tap.

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Rates: European Central Bank reference rates via Frankfurter, updated each working day around 16:00 CET. Banks and card networks add their own margin, so the rate you get will differ.

Converting dollars to pesos

Multiply the number of dollars by the USD to MXN rate. If the rate is 18.50, then $100 is 1,850 pesos. To go the other way, divide pesos by the rate: 1,000 pesos ÷ 18.50 is about $54.05. The calculator does this for you with the latest rate.

Tips for travelers to Mexico

  • Tell your bank you're traveling, and use a debit card with low international ATM fees.
  • Use ATMs inside banks during business hours for better security.
  • Carry some small peso bills for taxis, tips, markets and street food.
  • Compare the price in pesos with the dollar price; paying in pesos is usually cheaper.

Sending money to Mexico

Remittance services differ a lot in fees and exchange-rate margins. Compare the total pesos received with the amount you'd get at the reference rate here; the gap is the real cost of the transfer.

Need another currency? Use the full currency converter or euro to dollar converter.

Last reviewed October 2026.

Frequently asked questions

How many Mexican pesos is one dollar today?

The converter above shows today's USD to MXN reference rate from the European Central Bank. The rate changes every working day, so check it right before you exchange money.

Is this for Mexican pesos only?

The default is the Mexican peso (MXN). The Philippine peso (PHP) is also available in the list. Other pesos, like the Argentine, Chilean, Colombian and Dominican pesos, are not covered by the ECB reference rates.

Where is the best place to exchange dollars for pesos?

For most travelers, withdrawing pesos from a bank ATM in Mexico or paying with a no-foreign-fee card gives a rate close to the one shown here. Airport exchange booths and hotels usually give the worst rates. Avoid "dynamic currency conversion" and pay in pesos when asked.

Can I pay with US dollars in Mexico?

Many tourist areas accept dollars, but the exchange rate they use is often worse than the market rate, and change is usually given in pesos. Paying in pesos is generally cheaper.

What is the symbol for the Mexican peso?

The peso uses the $ sign, the same as the dollar. To avoid confusion, prices are sometimes written as MX$ or with "MXN" after the amount.