What Currency Does Mexico Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 17.50 MXN
1 GBP ≈ 23.46 MXN
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Mexico? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Mexican peso spending.
What is money called in Mexico?
Money in Mexico is called the Mexican peso — its ISO 4217 currency code is MXN, and its symbol is $. The Mexican peso is the official legal tender in Mexico and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Mexico currency or simply money in Mexico. The Mexican peso is subdivided into 100 centavos, though small-denomination coins may not always be in everyday circulation.
Is the Mexican peso used anywhere else?
No — Mexico is the only country on this site using the Mexican peso as its official currency.
Practical money tips for Mexico
Card payments are widely accepted in most cities, but it's still worth carrying some Mexican peso in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
Planning to visit Mexico?
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Money essentials for Mexico
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Mexico currency — FAQ
What is the currency of Mexico?
The currency of Mexico is the Mexican peso (currency code: MXN, symbol: $).
What is the currency code for Mexico?
The ISO 4217 currency code for the Mexican peso is MXN.
What is the Mexican peso symbol?
The symbol for the Mexican peso is $. You will see this on price tags and receipts throughout Mexico.
What currency is used in Mexico?
The official currency used in Mexico is the Mexican peso (MXN).
Can I use US dollars in Mexico?
The official currency of Mexico is the Mexican peso, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Mexican peso and should exchange money before or on arrival.
What is the exchange rate for Mexico?
As of July 2026, approximately 1 USD = 17.50 MXN and 1 GBP = 23.46 MXN. Rates change daily — always check a live source before travelling or sending money.
What is money called in Mexico?
Money in Mexico is called the Mexican peso (MXN).
Do other countries use the Mexican peso?
No — Mexico is the only country on this site using the Mexican peso as its official currency.
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