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INR to MXN: Indian Rupee to Mexican Peso

Live INR to MXN exchange rate today - 1 INR equals 0.1795 MXN, with an instant two-way converter for Indian Rupee to Mexican Peso.

Today's INR to MXN Exchange Rate

1 INR = 0.179460 MXN

1 MXN = 5.5723 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.1795 Mexican Peso

Last updated: September 3, 2026

This INR to MXN rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Mexican Peso (MXN) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is MXN (Mexican Peso)?

A free-floating currency closely tied to the US economy given Mexico's deep trade integration with the United States under the USMCA agreement.

Key Facts

  • ISO code: MXN
  • Symbol: $
  • Subunit: 100 centavos = 1 peso
  • Issued by: Bank of Mexico (Banxico)

Why Does the INR/MXN Exchange Rate Change?

The INR/MXN rate moves every trading day, driven mainly by:

  • Bank of Mexico interest rate decisions relative to the US Federal Reserve.
  • US economic conditions and trade policy - Mexico's economy is deeply tied to the US under the USMCA trade agreement, so US demand and tariff decisions move the peso directly.
  • Remittances from Mexican workers in the US, one of the largest remittance flows in the world.
  • Oil export revenue, though Mexico's reliance on this has decreased relative to manufacturing exports in recent years.
  • India-Mexico trade, a smaller but growing relationship.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Why is the Mexican Peso so closely tied to the US Dollar?

Mexico's economy is deeply integrated with the US under the USMCA trade agreement, and a large share of Mexican exports go to the US, so American economic conditions, tariff decisions and Federal Reserve policy all feed directly into the peso's value, even though it isn't formally pegged.

Is the Mexican Peso pegged to the US Dollar?

No, it's a free float managed by the Bank of Mexico, one of the more liquid and actively traded emerging-market currencies globally, despite its close economic relationship with the US.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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