1 Million Pesos to US Dollars (2024)

1,000,000 MXN = 54,403 USD July 26, 2024 01:10 PM UTC

One million Mexican Pesos are worth $54,403 USD today as of 1:10 PM UTC.Check the latest currency exchange rates for the Mexican Peso, US Dollar and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.

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1,000,000Mexican Pesos=54,403US Dollars

1 MXN = 0.05440 USD1 USD = 18.381 MXN

Last update 2024-7-26 1:10 PM UTC

InvertMXN to USD Conversion Chart

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-7-26 to 2024-7-25. The average exchange rate over this period was 0.05790 US Dollars per Mexican Peso.

What was the highest MXN to USD exchange rate in the lastyear?

The high point for the MXN/USD ratewas 0.06125 US Dollars per Mexican Peso on April 8, 2024.

What was the lowest MXN to USD exchange rate in the lastyear?

The low point was 0.05340 US Dollars per Mexican Peso on June 12, 2024.

Is MXN up or down compared to USD in the lastyear?

The MXN/USD rate is down -8.66%. This means the Mexican Peso has decreased in value compared to the US Dollar.

View History Table

MXN to USD Exchange Rates

Last 30 DaysLast 90 Days
High$0.05675 USD$0.06041 USD
Low$0.05418 USD$0.05340 USD
Avg$0.05537 USD$0.05686 USD
Volatility-1.76%-6.98%
Download History

Convert MXN to USD

Mexican Peso US Dollar
$100 MXN$5.4403 USD
$500 MXN$27.202 USD
$1,000 MXN$54.403 USD
$1,500 MXN$81.605 USD
$2,000 MXN$108.81 USD
$2,500 MXN$136.01 USD
$5,000 MXN$272.02 USD
$10,000 MXN$544.03 USD
$50,000 MXN$2,720.17 USD
$100,000 MXN$5,440.35 USD
$250,000 MXN$13,601 USD
$500,000 MXN$27,202 USD
$1,000,000 MXN$54,403 USD
$2,500,000 MXN$136,009 USD
$5,000,000 MXN$272,017 USD
$10,000,000 MXN$544,035 USD

Convert USD to MXN

US Dollar Mexican Peso
$1 USD$18.381 MXN
$5 USD$91.906 MXN
$10 USD$183.81 MXN
$15 USD$275.72 MXN
$20 USD$367.62 MXN
$25 USD$459.53 MXN
$50 USD$919.06 MXN
$100 USD$1,838.12 MXN
$500 USD$9,190.59 MXN
$1,000 USD$18,381 MXN
$2,500 USD$45,953 MXN
$5,000 USD$91,906 MXN
$10,000 USD$183,812 MXN
$25,000 USD$459,529 MXN
$50,000 USD$919,059 MXN
$100,000 USD$1,838,117 MXN

MXN to USD History Rates by Year

To view rates between the Mexican Peso and the US Dollar for a particular year, click on one of the links below.

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

How to Convert Mexican Pesos to US Dollars?

You can convert Mexican Pesos to US Dollars by using the exchange-rates.org currency converter in just one easy step.Simply enter the amount of MXN you want to convert to USD in the box labeled "Amount", and you’re done!You’ll now see the value of the converted currency according to the most recent exchange rate.

MXN to USD Currency Converter - FAQs

How much is $1 MXN in USD?

1 Mexican Peso = 0.05440 US Dollars as of July 26, 2024 01:10 PM UTC.You can get live exchange rates between Mexican Pesos and US Dollars using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.

How much is $1,000,000 MXN in USD?

1,000,000 Mexican Pesos = 54,403 US Dollars as of July 26, 2024 01:10 PM UTC.

What was the highest MXN to USD exchange rate in the last 10 years?

In the last 10 years, the highest rate from Mexican Pesos to US Dollars was on January 17, 2015 when each Mexican Peso was worth $0.06870 USD.

When is the best time to convert MXN to USD?

The MXN and USD can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. Exchange rates can fluctuate by the minute while markets are open. However, the time between 3-4 PM GMT is often a good time to convert Mexican Pesos to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Also, it’s best to convert Mexican Pesos to US Dollars early in the week if you need US Dollars urgently. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends.

Which is stronger, MXN or USD?

The US Dollar is currently stronger than the Mexican Peso given that 1 USD is equal to 18.381 MXN.Conversely, 1 MXN is worth 0.05440 USD.

Is the Mexican Peso up or down against the US Dollar?

The Mexican Peso isdown -7.71%year to date against the US Dollar.In the last 10 years, the Mexican Peso isdown -19.81%against the US Dollar.As a result, the Mexican Peso haslostpurchasing power compared to the US Dollar over the last 10 years.

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1 Million Pesos to US Dollars (2024)

FAQs

How to quickly convert pesos to US dollars? ›

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.

Is $100 a lot of money in Mexico? ›

With today's exchange rates, $100 USD is about $1,900 – $2,000 MXN. Compared to wages, $1,900 MXN is about weeks' worth of salary for most manual labor jobs outside the major cities of Mexico. So for locals that have basic day labor jobs, it is a decent amount of money.

Where is the best place to convert pesos to dollars? ›

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

How much is a Big Mac in Mexico? ›

The average price for a Big Mac burger in Mexico was estimated at 5.19 U.S. dollars in January 2024.

Is the dollar strong in Mexico right now? ›

US Dollar to Mexican Peso Exchange Rate (I:USDMPENK)

US Dollar to Mexican Peso Exchange Rate is at a current level of 19.36, down from 19.41 the previous market day and up from 16.83 one year ago. This is a change of -0.27% from the previous market day and 15.04% from one year ago.

How many Mexican pesos does a dollar buy? ›

1 USD = 19.778504 MXN Aug 27, 2024 21:51 UTC

Check the currency rates against all the world currencies here.

Are 1000 pesos rare? ›

There are also coins in denominations of cents: 5, 10, 20, and 50, called “centavos”. Below are the Mexican peso notes in circulation. The 1000 Peso bill is very rare and may not be accepted at all places.

What does 1000 pesos buy in Mexico? ›

Budget accommodations are accessible in less touristy areas, allowing for a night's stay in a hotel or hostel with some funds left for other expenses. Entertainment options, shopping for clothing or household items, basic healthcare services, and prepaid mobile phone plans or internet services can also be covered with ...

What is the best app for converting pesos to dollars? ›

1. Xe Currency Converter – Best App Overall. The Xe Currency Converter consolidates exchange rates, money transfers, rate alerts, analytics, and payment trackers into a comprehensive, all-in-one solution for users.

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