What is the currency of Mexico and its exchange rate?
Mexico's official currency is the Mexican peso (MXN, symbol $). The exchange rate fluctuates around 1 € ≈ 20-21 MXN. Credit cards are accepted at tourist establishments, but cash remains necessary for local markets and small restaurants.
The Mexican peso: official currency
Mexico uses the Mexican peso (MXN), whose symbol is the dollar ($). This currency circulates in the form of banknotes and coins throughout the country.
Indicative exchange rates
- 1 € ≈ 20-21 MXN (Mexican pesos)
- 100 MXN ≈ 4.80-5 €
- 1 USD ≈ 17-18 MXN
These rates fluctuate daily according to financial markets. Check the current rate before your departure.
Payment methods in Mexico
Bank cards: Visa and Mastercard are widely accepted in hotels, large restaurants and tourist shops.
Cash essential: plan to have cash in pesos for local markets, small street restaurants (puestos), public transport and tips.
Advice from our local agency
Contact your bank before departure to find out about exchange fees and foreign withdrawal charges. Some banks offer commission-free cards for travel.