USDMXN Forex Chart

Live and Historical USD/MXN Rates

This chart compares the value of the United States dollar (USD) to the value of the Mexican peso (MXN) – that is how many Mexican pesos can purchase one United States dollar. The United States dollar is a major currency, but the Mexican peso is not. USD/MXN does not form a commodity pair or a major pair.
2 years historical rate data USDMXN currency exchange

USDMXN Analysis

The relationship between the US and Mexico is obvious and quite important to both countries, though especially to Mexico. The best profit opportunities generally relate to Mexico, as the smaller economy. In particular, problems arise from the powerful Mexican drug cartels or from political agreements with the US. A major factor is the strength of free trade agreements between the two countries. In general, this has been quite stable. Some political unrest has occurred in Mexico, though generally the biggest problem is with government inefficiency. Finally, any announcements from the US Fed have an immediate and powerful affect.

Broker Features Regulator Platforms Next Step
Number One Broker ForexTime LogoYour capital is at risk Founded:
  • Over 1M Account Registered
  • More than 250 Trading Instruments
  • MT4, MT5 and Web Trader Platforms
Your capital is at risk Founded: 2012
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
  • High leverage.
  • Variety of trading tools.
  • Multilingual support.
  • Excellent range of educational tools
  • Leverage up to 1:1000
  • Spreads from 0.3 Pips
  • Only a $10 minimum deposit
FSA, FSC MT4, MT5, WebTrader, Proprietary Mobile App
tickmill_logo-166% of retail CFD accounts lose money Founded: 2014
66% of retail C...
  • Ultra-fast execution from 0.1s
  • Low spreads from 0.0 pips
  • All trading strategies allowed
FSA SC MetaTrader 4, Web Trader
City Index Logo75% of clients lose money. Capital at risk. Founded: 1983
  • Exceptional customer service
  • Beginner-friendly
  • Free Webinars
ASIC, CFTC, CIMA, FCA, FSA, IIRO, MAS, NFA, SFC Advantage Web, AT Pro, MT4, WebTrader
Your capital is at risk Founded: 2011
  • Over 2M Account Registered
  • 30% Deposit Bonus To Non EU Traders
  • MT4, MT5 and Web Trader Platforms
CySEC, FCA, FSC, FSCA MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4)
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • 40% New Member Bonus
  • Regulatory licenses across 5 continents
  • 24/7 trading
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader

    The U.S. Dollar

    The United States dollar is the most used currency in international trade today. Over 23 currencies are pegged to it, but USD has been floating since the early seventies when the United States began this international transition. Some questions exist concerning how long the US will remain the super power currency. In 2007, Alan Greenspan suggested that it was possible the euro could overtake the number one spot from USD. However, this will require a long and complex transition, since a number of commodities are currently traded exclusively in dollars.

      FXTM mobile banner  

    The Mexican Peso

    As the 12th most traded currency in the world and the most traded currency in Latin America, the Mexican peso is the cornerstone of the Latin American currency market. Reintroduced in 1993 after a government debt default in 1982, it has steadily grown in trading volume. This is primarily because of its stability and the growth of foreign investment in the Mexican economy. The principle sector of the economy is services at nearly 70% of GDP, with industry taking 26% and 4% in agriculture. Though the country is currently rife with poverty and underemployment, significant strides are being made to change this through free trade agreements with 44 countries.

    More currency pairs

      FXTM desktop banner