Available Currency Pairs

EURMXN
Nézet EUR
USDMXN
Nézet USD
GBPMXN
Nézet GBP
CHFMXN
Nézet CHF
AEDMXN
Nézet AED
AUDMXN
Nézet AUD
CADMXN
Nézet CAD
CNYMXN
Nézet CNH/CNY
CZKMXN
Nézet CZK
DKKMXN
Nézet DKK
HKDMXN
Nézet HKD
ILSMXN
Nézet ILS
MXNHUF
Nézet HUF
MXNTHB
Nézet THB
NOKMXN
Nézet NOK
NZDMXN
Nézet NZD
PLNMXN
Nézet PLN
RONMXN
Nézet RON
SEKMXN
Nézet SEKTransaction Types
FX SPOT
Delivery date: T+1; T+2
Liquidity: high
FX FORWARD
Maximum maturity: 24 months
Liquidity: high
Did You Know?
Monetary policy
- Banco de Mexico (BdM) is the central bank of Mexico. Its objective is to ensure price stability in the Mexican economy.
- Price setting method: the exchange rate system is described as floating, but the BdM has a policy of active intervention in the foreign exchange market. Most often, the goal is to defend the peso against the US dollar.
Features and highlights
- The only freely convertible and transferable Latin American currency, the Mexican Peso is considered extremely liquid by the markets.
Expert opinion
- The Mexican Peso is extremely volatile because three main factors influence it: the variation of the price of energy (oil and gas), the appetite of the markets for the risk, and the political and economic relations of Mexico with the USA.
Regulations
There are no special restrictions on the purchase and sale of MXN.
Important Information
PAYMENTS IN MXN TO MEXICO
The IBAN format is not used in Mexico. Payment instructions must contain:
- The BIC Code of the beneficiary bank
- The full name and address of the beneficiary.
Keep In Mind
PUBLIC HOLIDAYS
New Year’s Day 1 Jan
Juarez Birthday 21 Már
Puebla Day 5 Máj
All souls Day 2 Nov
Our lady of Guadalupe 12 Dec
Constitution Day 5 Feb
Labour Day 1 Máj
Independence Day 16 Sze
Mexican Revolution 20 Nov
Christmas Day 25 Dec
When a holiday falls on a weekend, the next business day becomes a holiday
Useful Links

Currency Reference Guide
Get the full currency reference guide, updated by the iBanFirst currency market experts
Reference guide