What is the
Western Union Send Money conversion rate for USD to MXN?
The Western Union USD to MXN exchange rate is 18.68. This is -1% compared to the latest USD-MXN mid-market rate 18.87.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Mexican peso (MXN) rates from different sources before making a conversion.
The above
Western Union - Dollar to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest USD-MXN mid-rate and the possible savings of using various providers.
How do Western Union USD-MXN rates compare between providers?
Looking at the full
USD to MXN - Send Money comparison table the provider with the best USD to MXN exchange rate is OFX at 18.78, -0.48% from the latest mid-market rate 18.87.
The next best is XE at 18.75, -0.64% from the mid-rate.
Then Wise at 18.74, which is -0.69% from the mid-rate.
The Western Union rate is 18.68 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 17.45 at -7.5% the Wells Fargo Bank rate is 17.33 at -8.2% and the Citibank rate is 18.2 at -3.6% compared to the mid-rate 18.87.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like Western Union or platforms that offer rates closer to the mid-market rate.