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Mexican peso closes the week at 17.46 per dollar, according to Banxico's FIX rate

The parity published by Mexico's central bank showed an appreciation of the local currency; for Cancún, a stronger peso directly affects the purchasing power of international tourists and the real value of family remittances.

Screen showing the peso-dollar exchange rate for the day

The FIX exchange rate published daily by the Bank of Mexico stood at 17.46 pesos per dollar on Friday, July 26, 2026, representing an appreciation of the Mexican currency against the previous session. The official reference is used by banks, brokerage firms and taxpayers to settle obligations denominated in U.S. dollars on the following day.

According to Banxico, the FIX is determined based on wholesale foreign exchange quotes obtained by the central bank from electronic trading platforms. In parallel, the Federal Official Gazette (DOF) published an exchange rate for foreign-currency obligation payments of 17.3973 pesos per dollar, while retail bank counter sales have been around 17.51 pesos.

What it means for Cancún

Quintana Roo is one of the Mexican states most exposed to exchange rate movements, for two concrete reasons. The first is tourism: most spending by international visitors along the Riviera Maya arrives in dollars and is converted into pesos at hotels, restaurants and shops. When the peso strengthens, each tourist dollar yields fewer pesos for local service providers, although it also lowers the cost of imported inputs used by the sector.

The second is remittances. Families of migrant workers originally from Maya communities in the south of the state receive transfers from the United States which, with a stronger peso, translate into fewer pesos for the receiving household.

Practical guide

The reference exchange rate for official procedures and payments can be checked directly on Banxico's portal (banxico.org.mx) and in the DOF indicators section. Currency exchange offices in downtown Cancún and the hotel zone typically apply a spread above the FIX; the Federal Consumer Protection Agency (Profeco) recommends comparing buy and sell prices before operating. For sending or receiving remittances, Condusef maintains the 'Remesamex' public comparison tool showing fees and exchange rates applied by each operator.

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