Mexican Peso to Turkish Lira — MXN to TRY
MXN to TRY Converter
MXN/TRY Rate — Last 30 Days
MXN fell 2.18% vs TRY this week — a clear short-term downtrend. Watch whether this continues or reverses.
The 7-day average rate is below the 30-day average — recent momentum favors TRY strengthening vs MXN. The trend may continue until a catalyst (rate decision, economic data) reverses it.
4 consecutive days where MXN fell vs TRY. Sustained selling pressure — could mean a fundamental shift or just a temporary correction.
The rate is at its lowest point in 30 days. MXN is under significant selling pressure. At lows, a bounce is possible — but only if the fundamental drivers change.
RSI of 12 means MXN has fallen fast relative to TRY and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 2.8401 | 2.7783 | 2.8239 |
| 30 days | 2.8681 | 2.5824 | 2.7235 |
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Historical MXN/TRY Rates by Year
What drives the MXN/TRY rate?
Whether you're converting MXN for travel, business, or investment, here's what drives the MXN to TRY exchange rate. The MXN/TRY exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best MXN to TRY rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 MXN exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.