money

🇲🇽 What currency does Mexico use?

Mexico uses the Mexican peso (MXN).5 It is important to know how to get and use local money. This helps you avoid extra fees and problems during your trip. You can pay with cash or card in most places.

Updated 2026-10-24. Numbers carry a small link to their source. Fees and rules change, check the screen or the form before you pay.

CURRENCY
Mexican peso
MXN
1 USD EQUALS
18.734 MXN
as of 2026-10-244
ATM FEE
29-140 MXN
as of 20231
VAT REFUND
10.0%
typical
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LIVE RATE

How much is that in your money?

Mid-market rate, refreshed in your browser. The booth and the ATM will give you less than this: the difference is their fee.

PRICE IN MXN
IN
...
1 USD =
18.734 MXN

Updated 2026-10-24

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🔔 Rate alerts
🏧 ATMs
🧭 Where to pay
🕵️ Booth
🇺🇸
USDUS Dollar
100
🇹🇭
THBThai Baht
3,359.80
1 $ = 33.598 ฿ ▲0.03%
🇪🇺
EUREuro
88.59
1 € = 1.1288 $ ▼0.07%
🇺🇦
UAHHryvnia
4,491.30
1 $ = 44.91 ₴ ▼0.01%
÷
7
8
9
⌫
×
4
5
6
C
−
1
2
3
=
+
00
0
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🕵️ BOOTH CHECK
−4.2%
Walk away
🇺🇸 1 USD

What is the Mexican peso?

The currency of Mexico is the Mexican peso (MXN).5 It uses the symbol $. The notes come in different colors and sizes. Coins are used for smaller amounts. As of 2026-10-24, 1 US dollar is worth 18.734 Mexican pesos.4

Cash or card in Mexico?

You can use both cash and cards in Mexico. Cards are accepted in many hotels, restaurants, and larger stores. However, some smaller shops, markets, and street vendors only take cash. It is good to carry some cash for these situations.

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Are US dollars or euros accepted?

In Mexico, US dollars are sometimes accepted in tourist areas. This is not always the case, and the exchange rate might not be good. Euros are generally not accepted. It is best to use Mexican pesos for all payments. This helps you get fair prices.

Where to get Mexican pesos?

You can get Mexican pesos from ATMs, banks, and exchange offices. ATMs are widely available. They usually charge a fee between 29 MXN and 140 MXN per withdrawal as of 2023.1 Euronet and independent ATMs often charge the highest fees.1 Always decline the option to be charged in your home currency (Dynamic Currency Conversion or DCC).1 Banks and exchange offices may offer different rates and fees. Airports often have higher fees than places in the city. It is good to compare rates before exchanging money.

What to do before you leave?

Tell your bank about your travel plans. This helps prevent your card from being blocked. Check if your bank charges foreign transaction fees. Consider carrying a credit card and a debit card. This gives you a backup if one card does not work. It is also wise to have some cash in your home currency for emergencies.

Short answers

What is the currency in Mexico?

The currency in Mexico is the Mexican peso (MXN).5

Can I use US dollars in Mexico?

US dollars are sometimes accepted in tourist areas, but it is better to use Mexican pesos for fair prices. Euros are generally not accepted.

What is the ATM fee in Mexico?

ATMs in Mexico charge a fee between 29 MXN and 140 MXN per withdrawal as of 2023.1

Should I use cash or card in Mexico?

It is good to use both cash and cards. Cards work in many places, but smaller shops and markets may only take cash.

The short version

Exchy helps you convert currencies and check ATM fees on your phone. Get Exchy on Google Play.

Related

What currency does Costa Rica use?What Currency Does Thailand Use?Atm Fees: MexicoDcc

Sources

  1. ATM fee survey, 2023
  2. Tax-free shopping reference, 2026
  3. Tax-free shopping reference, 2026
  4. Exchange rates, mid-market, 2026-10-24, 2026
  5. ISO 4217 currency of the country, 2026
  6. Banknote photos: Wikimedia Commons, free licenses, credited under each photo, 2026

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