Skip to main content
MXN — Mexican Peso Currency Guide | Symbol, Code, and Transfer Tips

Mexican Peso (MXN) — Currency Guide

Learn about MXN. See codes, symbols, and transfer guidance.

ISO Code MXN Symbol $ Minor Unit Centavo Get a Transfer Quote

This page supports larger transfers and business needs.

MXN Quick Facts

Official nameMexican Peso
ISO codeMXN
Numeric code484
Symbol$ (Mex$)
Subunits1 Peso = 100 Centavos
Issuing authorityBank of Mexico
Common pairsMXN/USD, MXN/EUR, MXN/GBP
Banknotes$20, $50, $100, $200, $500, $1000
Coins5¢, 10¢, 20¢, 50¢, $1, $2, $5, $10, $20

Figures shown for reference. Designs may update over time.

Flag of Mexico representing the Mexican Peso (MXN)

Transferring MXN for Larger Payments

For companies and directors

We assist with invoices, payroll, and supplier payments.

We help you schedule MXN transfers with clear timing.

Also, we provide account coverage for ongoing needs.

See how our service works.

For international individuals

We support property purchases and large life transfers.

We prepare onboarding and simple approval steps.

Afterward, we confirm your MXN rate and settlement plan.

Typical larger transfer threshold £25,000+ handled with dedicated support

MXN Payments: Timing and Cut-Offs

Settlement overview

Many MXN transfers settle the same business day.

Although, timing varies by bank and route.

Accordingly, cut-off times affect settlement schedules.

Bank holidays

MXN payments do not settle on Mexican public holidays.

Plan ahead for Día de la Independencia and year-end peaks.

Additionally, allow buffer time for compliance checks.

Ask us about current cut-offs for your route.

Popular MXN Tools and Pages

Rates shown on converter pages reflect the mid-market.

Background and Currency Notes

The Mexican Peso is Mexico's official currency.

The Bank of Mexico manages issuance and regulation.

Notes feature national figures and heritage designs.

Also, MXN is the most traded currency in Latin America.

Business users often hold MXN for supplier obligations.

Currency transfer icon

Trusted by Clients Worldwide

Service rating ★★★★★ 4.9/5 from 1,200+ reviews

Larger MXN transfers handled with care and clarity.

Get a Transfer Quote

Mexican Peso (MXN) — FAQs

What is the MXN currency code and symbol?

The ISO code is MXN. The symbol is $ or Mex$.

Who issues the Mexican Peso?

The Bank of Mexico issues and manages the currency.

Do you support larger MXN transfers?

Yes. We support high-value transfers with dedicated guidance and onboarding.

How do transfer rates differ from mid-market?

Transfer rates include a small margin and any fees shown upfront.

Can I fix a rate for a future MXN payment?

Yes. We can discuss options to align with your payment plan.