US Dollar to Mexican Peso Exchange Rate Today: 1 USD = 18.00 MXN
Mexico City, January 9, 2026 – The US dollar (USD) is trading at approximately 18.00 Mexican pesos (MXN) today, reflecting a stable but slightly firmer dollar amid mixed economic signals. This rate represents a marginal increase from recent lows, influenced by US labor market resilience and global geopolitical tensions. Investors are monitoring interest rate differentials and remittances, which continue to support the peso despite inflationary pressures.
Current Exchange Rate Trends
As of January 9, 2026, the mid-market exchange rate for 1 USD is 18.00 MXN, based on real-time data from major providers. Over the past 30 days, the USD/MXN pair has seen highs of 18.20 MXN and lows of 17.90 MXN, with an average of 18.00 MXN. The change over the last 90 days is a slight depreciation of the peso by about 3.3%, driven by a stronger dollar index. Historical data shows the pair has fluctuated significantly, with peaks above 25 MXN during crises and lows near 18 MXN in periods of stability.
Key Facts
| Metric | Value |
|---|---|
| 1 USD to MXN (Mid-Market) | 18.00 MXN |
| 30-Day High | 18.20 MXN |
| 30-Day Low | 17.90 MXN |
| 30-Day Average | 18.00 MXN |
| 90-Day Change | -3.3% |
| Mexico Inflation Rate (Dec 2025) | 3.69% |
| US Inflation Rate (Nov 2025) | 2.70% |
| Mexico Interest Rate | 7.00% |
| US Fed Funds Rate | 3.75% |
Factors Influencing the Rate
Several economic factors are shaping the USD/MXN exchange rate. Interest rate differentials remain key, with Mexico’s central bank rate at 7.00% compared to the US Federal Reserve’s 3.75%, attracting carry trade investments. Remittances from the US, totaling billions annually, provide steady support for the peso. However, a firmer dollar due to resilient US labor data (initial claims at 208,000) and geopolitical risks has pressured the peso. Inflation in Mexico eased to 3.69% in December 2025, while US inflation stands at 2.70%, contributing to currency stability.
Frequently Asked Questions
What is the current USD to MXN exchange rate?
As of January 9, 2026, 1 USD equals approximately 18.00 MXN at the mid-market rate. This can vary slightly by provider due to fees and spreads.
How has the USD/MXN rate changed recently?
Over the last 30 days, the rate has fluctuated between 17.90 and 18.20 MXN, with a 30-day average of 18.00 MXN. The 90-day change shows a 3.3% depreciation of the peso against the dollar.
What factors affect the USD/MXN exchange rate?
Key factors include interest rate differentials, inflation rates, remittances, trade balances, and geopolitical events. US economic data and Mexico’s fiscal policy also play significant roles.
How can I convert USD to MXN?
Use online converters or financial apps for real-time rates. For transfers, services like Wise or Western Union offer competitive rates, but always check for fees. Banks may provide less favorable rates.
Is the Mexican peso expected to strengthen?
Forecasts suggest moderate stability, but nearshoring trends and remittances could support the peso. However, global uncertainties may lead to volatility.