Convert Mexican Pesos (MXN) to US Dollars (USD) accurately.
Enter the rate listed by your bank or transfer service.
Optional: Enter 0 if no fee applies.
Total Amount Received:
$0.00 USD
Based on converting 0 MXN
at a rate of 0.
Understanding the MXN to USD Conversion
Converting money from Mexican Pesos (MXN) to US Dollars (USD) is a common financial activity for travelers, expatriates, and businesses engaged in cross-border trade. The exchange rate between Mexico and the United States fluctuates daily based on global economic factors.
How the Math Works:
To convert Pesos to Dollars, you divide the amount of Pesos by the current exchange rate.
Formula: Total USD = (Amount in MXN – Fees) ÷ Exchange Rate
Factors That Impact Your Exchange Rate
The Spot Rate: This is the current market price for exchanging currency. However, consumers rarely get this exact rate.
Bank Spreads: Banks and exchange kiosks often add a "spread" or margin to the exchange rate. If the market rate is 19.00 MXN/USD, a bank might sell dollars at 18.00 or 17.50 MXN effectively to make a profit.
Transaction Fees: Many services charge a percentage fee or a flat fee per transfer, which reduces the total amount of Pesos available to be converted.
Example Calculation
Imagine you want to convert 10,000 Mexican Pesos to US Dollars.
Exchange Rate: 1 USD = 20.00 MXN
Fee: 0%
Calculation: 10,000 ÷ 20.00 = $500.00 USD
Now, assume a bank charges a 3% fee:
Fee Cost: 10,000 × 0.03 = 300 MXN
Remaining Amount: 10,000 – 300 = 9,700 MXN
Final Conversion: 9,700 ÷ 20.00 = $485.00 USD
Tips for Getting the Best Deal
When moving money from Mexico to the US, avoid exchanging currency at airports, as they typically offer the least favorable rates. Instead, use specialized online transfer services or ATM withdrawals which often provide rates closer to the mid-market exchange rate.
function calculateExchange() {
// 1. Get input values strictly by ID
var mxnInput = document.getElementById('mxnAmount').value;
var rateInput = document.getElementById('exchangeRate').value;
var feeInput = document.getElementById('transferFee').value;
// 2. Validate inputs
if (mxnInput === "" || rateInput === "") {
alert("Please enter both the Peso amount and the Exchange Rate.");
return;
}
var mxn = parseFloat(mxnInput);
var rate = parseFloat(rateInput);
var feePercent = parseFloat(feeInput);
if (isNaN(mxn) || mxn < 0) {
alert("Please enter a valid positive amount for Pesos.");
return;
}
if (isNaN(rate) || rate <= 0) {
alert("Please enter a valid exchange rate greater than 0.");
return;
}
if (isNaN(feePercent) || feePercent 0) {
feeHtml = 'Fee Breakdown:' +
'Total Fee (' + feePercent + '%): -$' + feeAmountMXN.toLocaleString('en-US', {minimumFractionDigits: 2, maximumFractionDigits: 2}) + ' MXN' +
'Net Amount Converted: $' + netMXN.toLocaleString('en-US', {minimumFractionDigits: 2, maximumFractionDigits: 2}) + ' MXN';
} else {
feeHtml = 'No fees applied.';
}
document.getElementById('feeBreakdown').innerHTML = feeHtml;
}