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Compare today's MXN to USD (Mexican Peso to US Dollar) exchange rates

Mexico
British Indian Ocean Territory
MXN

Interbank Exchange Rate: 1 MXN = 0.0575 USD
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 MXN =
57.40 USD
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.0574 USD

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 MXN =
57.00 USD
Transfer Limit (MXN): No Limits
Indicative Rate1 MXN = 0.0570 USD

📢 B2B transfers only
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 MXN =
57.60 USD
Transfer Limit (MXN): 118187.5 - No Limit
Indicative Rate1 MXN = 0.0576 USD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Mexican Peso to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Mexico to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Mexican Peso (MXN) to US Dollar (USD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to British Indian Ocean Territory from Mexico, we currently have 2 remittance service providers available.

Verto currently offers the most competitive rate for sending money to British Indian Ocean Territory and their 1 MXN to USD exchange rate today is 0.0574.

The next best Mexican Peso to US Dollar exchange rate today for money transfers to British Indian Ocean Territory is offered by Airwallex (1 MXN = 0.0570 USD).

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Mexico.

Were you looking to send money from British Indian Ocean Territory to Mexico instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MXN to USD Conversion Rates

Here are some latest MXN to USD (Mexican Peso to US Dollar) exchange rates for popular conversion amounts*.

1 MXN0.06 USD
5 MXN0.29 USD
10 MXN0.58 USD
25 MXN1.44 USD
50 MXN2.88 USD
100 MXN5.75 USD
150 MXN8.63 USD
200 MXN11.50 USD
250 MXN14.38 USD
300 MXN17.25 USD
400 MXN23.00 USD
500 MXN28.75 USD
600 MXN34.50 USD
700 MXN40.25 USD
800 MXN46.00 USD
1,000 MXN57.50 USD
1,500 MXN86.25 USD
2,000 MXN115.00 USD
2,500 MXN143.75 USD
3,000 MXN172.50 USD
4,000 MXN230.00 USD
5,000 MXN287.50 USD
10,000 MXN575.00 USD
15,000 MXN862.50 USD
20,000 MXN1,150.00 USD
30,000 MXN1,725.00 USD
40,000 MXN2,300.00 USD
50,000 MXN2,875.00 USD
100,000 MXN5,750.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Mexico to British Indian Ocean Territory money transfers?

With the global remittance market booming, there are so many choices for Mexican Peso to USD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to British Indian Ocean Territory from Mexico. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final USD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Mexico to British Indian Ocean Territory?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mexico to British Indian Ocean Territory transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MXN to United States Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Mexican Peso to United States Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to British Indian Ocean Territory from Mexico?

The final amount your recipient gets when you send MXN to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Mexico to British Indian Ocean Territory used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Mexican Peso to British Indian Ocean Territory exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Mexico to British Indian Ocean Territory?

Bank transfers have been a traditionally popular way to send money overseas from Mexico to British Indian Ocean Territory. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MXN to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Mexico bank for your British Indian Ocean Territory money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to British Indian Ocean Territory from Mexico fast?

It could be a stressful experience if you need to rush money quickly from Mexico to British Indian Ocean Territory. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MXN to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Mexico to British Indian Ocean Territory money transfers.


Which are the best money transfer companies to send money from Mexico to British Indian Ocean Territory?

Mexico to British Indian Ocean Territory money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach British Indian Ocean Territory as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Mexican Peso to United States Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to British Indian Ocean Territory from Mexico

There are many important aspects of Mexico to British Indian Ocean Territory remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mexico bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include USD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Mexican Peso amount you want to send from Mexico.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in British Indian Ocean Territory to validate that they get the money once the transaction clears.