Dollar price in Mexico today, May 07 2026: peso stays strong
Check the price of the dollar in Mexico today, May 7,2026, the FIX exchange rate, price in banks and the factors that impact the Mexican peso
The dollar in Mexico dropped again this Thursday May 7,2026 and the Mexican peso bound its second consecutive day with profits against the US currency. For thousands of countrymen in the United States who send money to their families As they make payments in Mexico, following the exchange rate is important to take advantage of a better yield on their dollars. And even though it seems like a good thing for the currency of their home country, it's not a positive thing for the remittances they send.
Today, the price of the dollar stands at an average of $17.22 pesos per unit. The fall occurs in a calmer international environment, after expectations of a possible agreement between the United States and Iran have grown.
During the day on Wednesday, the peso advanced 0.76% against the dollar in banking operations. The decrease in international tension reduced the demand for the dollar as a safe haven currency, which allowed a recovery of the Mexican currency.
The Bank of Mexico (Banxico) reported that the official close of the dollar was $17.2406 pesos per unit, taking into account the average of banking transactions However, due to the constant movement of the market during the day, the exchange rate practically closed around $17.26 pesos per dollar.
On the other hand, the FIX exchange rate, published in the Official Gazette of the Federation (DOF), stood at $17.2530 pesos per dollar for this Thursday see May 7, 2026. Likewise, the exchange rate for the payment of obligations in US dollars remained at $17.3752 pesos per currency.
Dollar exchange rate in Mexican banks
The quotations change depending on each bank. These are the buying and selling prices for this Thursday in the institutions of Mexico:
In the comparative, BBVA recovers its position today as one of the options with lower sale price. For its part, Banamex remains as the banking institution with a highest purchase quotation. It is recommended to review the prices in banks before carrying out any operation, since the values change constantly during the day.
For those who send money from the United States, Western Union quotes the dollar at $16.91 Mexican pesos this Thursday. Meanwhile, MoneyGram manages it at $17.85 pesos per unit.
On the northern border the downward trend also maintains. In Tijuana, the dollar is bought at $16.39 pesos and is sold at $17.53 pesos.
Projections of deals in Iran influence the dollar
The high expectations for a lasting agreement between the United States and Iran, that allows free transit of vessels through the Strait of Hormuz, have not only influenced the pr They have also helped reduce oil prices. Brent crude oil is around $99 per barrel and West Texas Intermediate (WTI) is around $93.
Specialists consider that, although the dollar remains strong due to investments in technology and artificial intelligence in the United States, a possible peace agreement with Iran could continue to favor the Mexican peso in the coming days.