Mexican Peso

Guide to Money, Finances & Banking Services in Mexico

Learn about money & banking in Mexico: managing your finances, the Mexican peso, banknotes, banking services, money transfers, and using bank cards here

Mexican peso and US dollar banknotes interwoven together

Money Exchange: Buying & Selling Foreign Currency in Mexico

Whether you're visiting Mexico or living here, you'll need to exchange your foreign currency and buy pesos for spending—there are three main ways to do this

Person making a payment or transfer online

Making Money Transfers To, From, and Within Mexico

Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist

The Súper Peso and a Historical Tour of Mexico’s Currency

A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso

One Mexican peso coin held in someone's hand

Introduction to Mexico’s Peso, its Coins & Banknotes

Mexico's peso is a one of the most traded currencies on world foreign exchange markets. This article introduces you to Mexico's currency, coins & banknotes

A collection of Mexican banknotes in a wallet

Money Matters: How Safe is Your Cash in Mexico?

Mexico operates a public insurance scheme known as IPAB to protect depositors' funds, but not all firms and investment types qualify for cover

What are Mexico’s UDIs, and what are they used for?

UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations

Mexico’s Peso: Stability & Gains in ’22; Estimates for 2023

Mexico's peso was stable and also posted a solid gain in 2022, supported by interest rates, exports, tourism, and foreign-currency remittances from abroad