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Mexican Currency

Find out what currency is used in Mexico, tips and tricks for Mexican currency exchange, and how you can save money on your visit with the Wise Mexican peso card.
Mexican currency

What is the currency in Mexico?

The currency in Mexico is the Mexican peso. Each peso is divided into 100 cents.

When you’re buying currency for Mexico, look out for the currency code MXN. And once you’re in Mexico, you’ll see the symbol $ used to show prices.

You’ll find Mexican banknotes in denominations of 20, 50, 100, 200, 500 and 1000.

Mexican coins come in 1, 2, 5, 10, 20, 40 and 100 pesos and 5, 10, 20 and 40 cents.

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Use the Wise Mexican peso card to spend in Mexican currency.

The Wise Mexican peso travel money card lets you top up in your local currency, and switch to peso to spend when you’re in Mexico. You’ll get the best rate for spending in Mexican peso - and can also hold and spend 40+ other currencies with the same card.

Get your Wise travel money card online for free, to send and spend money around the world at the mid-market exchange rate.

Simply top up your card and convert to the currency you need in real time using the Wise app.

You’ll always get the mid-market exchange rate with no hidden costs, and you’ll avoid foreign transaction fees while withdrawing from ATMs abroad, paying in restaurants and shops, and buying your accommodation and flights.

Learn more about the Mexican peso card

Mexican currency card

Tips for exchanging currency in Mexico.

Familiarise yourself with the mid-market rate before your trip.
The mid-market rate is the true exchange rate - with no sneaky hidden fees. Use an online currency converter before your trip to get a feel for what your money is worth and make sure you get a fair rate when you buy your travel money.
Convert GBP to MXN >
Choose to be charged in Mexico currency when withdrawing from ATMs.
Being offered to pay in your own currency at an ATM is a sneaky trick and causes many travellers to pay more than they need to. Always choose to pay in the local currency - in this case, peso - to cut your costs and get the best rates available.
Avoid changing currency at airports or hotels.
Currency exchange desks at airports and hotels often markup the exchange rates they use, and may charge hidden fees. Avoid this expensive option whenever you can.
Use the Wise debit card to spend in Mexico without rip-off fees.
Withdraw money, pay for meals in restaurants or spend in shops in Mexican peso, all at the mid-market exchange rate with the Wise debit card.
Get your travel money card >

Spending money in Mexico.

Paying by credit or debit card in Mexico

Card coverage in Mexico is somewhat patchy. You'll probably be able to pay on card in any large shop or hotel in tourist areas and cities. However, smaller places and family run hotels may prefer cash.

ATMs in Mexico

ATMs are commonly used - and easily found - throughout Mexico.

To get the best deal when spending on card or withdrawing money in Mexico, don’t forget to use the Wise travel money card to avoid sneaky exchange rate markups and excessive fees.

spending money in Mexico

Mexican currency services.

Convert GBP to Mexican peso

Use our currency converter to see how much your money is worth in Mexican peso and familiarise yourself with the mid-market rate before your trip.

Send money to Mexico

Need to send GBP to Mexico? Use Wise for fast, low-cost, and secure online money transfers from the United Kingdom to Mexico.

See the best Mexican peso exchange rates

Compare live Mexican peso exchange rates and see how much you could save with Wise.

Mexican currency FAQs.

Get your Wise debit card and save on your trip to Mexico

Spend smart, save money. Avoid sneaky bank fees when travelling, with Wise.

Order your card now