Mexican Peso

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

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

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

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

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

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

Mexico's peso made a noticeable recovery throughout 2025, steadily increasing in value and ending the year 16% stronger than its 2024 closing price

When you’re buying pesos to fund a home purchase in Mexico, foreign exchange rates will impact your budget. MexEdge offers buyers a service to manage this risk

Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end

In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad

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