Mexican Peso to Euro
Converter

Convert Mexican Peso to Euro using today's official exchange rate from the European Central Bank.

1 MXN = 0.0494 EUR
1 EUR = 20.2634 MXN
Source: European Central Bank ยท Rate date: 2026-05-09

Convert any amount

MXN
EUR

Common Mexican Peso to Euro amounts

MXN EUR
1 MXN 0.0494 EUR
5 MXN 0.2468 EUR
10 MXN 0.4935 EUR
25 MXN 1.2338 EUR
50 MXN 2.4675 EUR
100 MXN 4.935 EUR
500 MXN 24.675 EUR
1,000 MXN 49.35 EUR
5,000 MXN 246.75 EUR
10,000 MXN 493.5 EUR

About the Mexican Peso

The Mexican Peso (symbol: Mex$; code: MXN) is the official currency of Mexico, issued by the Bank of Mexico. Each peso is divided into 100 centavos. The most actively traded currency in Latin America, the Mexican peso is closely linked to the U.S. economy through cross-border trade and substantial remittances from the United States.

About the Euro

The Euro (symbol: โ‚ฌ; code: EUR) is the official currency of the Eurozone, issued by the European Central Bank. Each euro is divided into 100 cents. Adopted by 21 European Union member states, the euro is the second-most traded currency in the world after the U.S. dollar.

Frequently Asked Questions

How is this exchange rate calculated?

This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes โ€” they are not commercial rates at which currencies can actually be bought or sold.

Will I get this exact rate from my bank?

No. The ECB reference rate is a benchmark used by economists, regulators, and accountants โ€” not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.

How often is this rate updated?

The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays โ€” during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.

Why does the Mexican Peso to Euro exchange rate change?

Exchange rates fluctuate based on many factors, including interest rate decisions by the Bank of Mexico and the European Central Bank, inflation differences between Mexico and the Eurozone, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.

Can I convert other currencies?

Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.

Scroll to Top