1300 Mexican Pesos to US Dollars. Convert: MXN in USD [Currency Matrix] (2024)

FAQs

How to easily 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. The resulting number will show you the amount of U.S. dollars that you have to spend on your trip.

Head to your bank or credit union before you leave to avoid paying ATM transaction costs. You may even receive a better exchange rate. Credit unions and banks will exchange your dollars into a foreign currency before and after your trip when you have a checking or savings account with them.

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.

Is it better to pay in Mexican Pesos or USD? ›

Currency in Mexico

Although the peso is the main currency, American dollars are accepted in touristy areas. Some high-traffic tourist regions might also accept Euros, Canadian dollars and British pounds. However, it's almost always more cost-efficient to pay with pesos.

The exchange rate for Mexican peso to US dollars is currently 0.054 today, reflecting a -0.033% change since yesterday. Over the past week, the value of Mexican peso has remained relatively stable, with a 1.030% increase compared to its value 7 days ago.

Basic Info. US Dollar to Mexican Peso Exchange Rate is at a current level of 18.69, down from 18.84 the previous market day and up from 17.08 one year ago. This is a change of -0.82% from the previous market day and 9.43% from one year ago.

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.