FX Rate to USD (Average) rose 13.6% yoy to 19.6 per USD in Mexico in 2Q2025

FX Rate to USD (Average) (per USD), 2Q2025
Economy | Mexico | July 20, 2025
$2.99
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Average FX rate to USD rose 13.6% yoy to 19.6 per USD in Mexico in 2Q2025, according to the National Statistical Office. This is 4.23% less than in the previous quarter.

Historically, Average FX rate to USD in Mexico reached an all time high of 23.4 per USD in 2Q2020 and an all time low of 0.012 per USD in 1Q1974. When compared to Mexico's main peers, Average FX rate to USD in Belize amounted to 2.00 per USD, 7.69 per USD in Guatemala, 25.9 per USD in Honduras and 1.00 per USD in USA in 2Q2025.

Mexico has been ranked 55th within the group of 129 countries we follow in terms of Average FX rate to USD, 30 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Belize per USD 2.00 2.00 2.00 2.00 2.00
Canada per USD 1.36 1.35 1.37 1.36 1.40
China per USD 7.23 7.19 7.24 7.16 7.19
El Salvador per USD 1.00 1.00 1.00 1.00 1.00
Guatemala per USD 7.83 7.81 7.77 7.74 7.72
Honduras per USD 24.7 24.7 24.7 24.8 25.1
Japan per USD 148 149 156 149 152
Mexico per USD 17.6 17.0 17.2 18.9 20.1
Nicaragua per USD 36.6 36.6 36.6 36.6 36.6 ... ...
USA per USD 1.00 1.00 1.00 1.00 1.00