Price of the dollar in Mexico today, May 20, 2026: is it advisable to send remittances?
Check the price of the dollar in Mexico today, May 20, 2026, the FIX exchange rate and the quote in banks to send remittances
The price of the dollar in Mexico registered strong movements and the dollar revalued strongly at the start of trading this Wednesday, May 20, 2026. This affects the exchange rate when making payments, buying foreign currency or sending remittances to family members. Although the Mexican peso maintains stability against the greenback, the US currency is more expensive than yesterday.
Today, Wednesday, the dollar is trading at an average of $17.41 pesos per unit, according to data from the Bank of Mexico (Banxico). The figure represents a slight variation compared to the closing reported on Tuesday, May 19, when the US currency ended operations at $17.39 pesos.
On the other hand, data from Dow Jones indicate that at the opening of the day the dollar stood at $17.34 Mexican pesos, equivalent to a decrease of 0.43% compared to the previous close. Despite this adjustment, the behavior of the exchange market maintains signs of stability.
In the last week, the US dollar accumulates an advance of 0.66%; However, in annual comparison it still presents a fall of 9.59%, reflecting the strength that the Mexican peso has maintained against the North American currency during recent months.
The recent behavior of the market also shows a stage of lower volatility. Currently, the indicator is around 7%, a level slightly lower than the reference volatility of 7.63%, which points to moderate movements in foreign exchange operations.
Likewise, Banxico reported that the FIX exchange rate published in the Official Gazette of the Federation (DOF) for this Wednesday, May 20, was established at $17.3968 pesos per dollar. The organization also detailed that the exchange rate for the payment of obligations in US dollars was set at $17.2928 pesos per unit. The FIX exchange rate is determined by Banxico on banking business days based on the average of wholesale market quotes and is published one day before in the DOF.
Dollar exchange rate today in Mexican banks
Financial institutions present variations in the purchase and sale price of the dollar this Wednesday, May 20, 2026:
In the banking comparison, BBVA maintains one of the lowest sales quotes of the day, closely followed by Banorte; while Banamex registers one of the highest purchase prices for those looking to exchange dollars.
In banking institutions in Mexico and the northern border, the dollar for sale is around $17.69 pesos, while the average purchase is $16.56 pesos per unit.
On the other hand, the exchange houses in Mexico and the Tamaulipas border have an average sales price of $17.69 pesos and a purchase price close to $16.75 pesos. In Tijuana, the dollar is at $16.60 pesos for purchase and $16.90 pesos for sale this Wednesday.
Remittance companies also have variations in the exchange rate. Western Union quotes the dollar at $16.98 Mexican pesos, while MoneyGram sets the exchange rate at $17.89 pesos per unit.
During the previous day, the dollar reached sales prices close to $17.65 pesos in banks and branches on the northern border, while the purchase price was around $16.52 pesos.
How did the price of oil rise?
International oil prices recorded a significant drop this Wednesday, May 20, 2026, after concerns persisted about energy supply in the Middle East and statements by the President of the United States, Donald Trump, regarding the conflict with Iran.
Brent oil is trading at $108.70 per barrel, while West Texas Intermediate (WTI) is at $102.08 per barrel. Despite the drop recorded during the day, crude oil prices continue above one hundred dollars, a situation that maintains pressure on inflation, transportation costs and international fuel prices.
How does the high price of the dollar affect remittances?
The behavior of the dollar against the Mexican peso has a direct impact on millions of families that receive remittances from the United States. When the dollar registers increases in its price, people who receive money transfers in Mexico can obtain more pesos for each dollar transferred, mainly benefiting households that depend on these resources to cover basic expenses.