How to send money to Mexico from India with the best INR-MXN rate
Find the best deals when you transfer from India to Mexico. Get insights on the fastest, cheapest, and providers with the best INR to MXN exchange rates.
Read on to get the best value, expert information, and analysis on ways to send money to Mexico from India.
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
Click here to see other options
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Mexico, and Wise scored highly.
Sending 22,100 INR to Mexican Pesos will cost you ₹685.2 in fees, and you will receive 4,028 MXN. The delivery time is next day.
So for a great mix of cost, speed & features, make your India to Mexico transfer using Wise.
How to get the best deal on sending money from India to Mexico
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Mexico.
Choose a provider
Select the provider that offers you the best value on buying MXN & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Understanding India to Mexico money transfers
Comparing providers when sending money from India to Mexico is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Indian Rupee to Mexico. This ensures you will get the best options for your transfer to Mexico from India.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from India to Mexico.
Cheapest way to transfer money to Mexico from India: Ria Money Transfer
Of the 5 providers compared, data shows that Ria Money Transfer is 0.26% cheaper than the second-best option.
The is cost is made up of INR-MXN exchange rate that is 2.8% different to the mid-market rate and the a of 4 INR.
If you want to secure the best rates on a INR to Mexico transfer, Ria Money Transfer will result in the most Mexican Peso received.
Fastest company to send money to Mexico from India: PayPal App (P2P Transfer).
Right now, if you are sending ₹22,100 with PayPal App (P2P Transfer) to Mexico, the transfer time is minutes. This can vary depending on your needs, but it's the fastest option.
Sending money through PayPal App (P2P Transfer) to Mexico from India has a fee of 884 INR.
To understand who was the fastest, we tested PayPal App (P2P Transfer) as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from India to Mexico. This was made up of transfer times to Mexico after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Mexico are a priority, PayPal App (P2P Transfer) is our recommended choice.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Mexican Peso to Mexico out of 5 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Mexico from India has the potential to be very expensive.
Wise is our choice for big transfers to INR because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money to Mexico from India
Fees and exchange rates make up the total cost of sending money from Mexico to Mexico. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-MXN mid-market rate is 0.1882 MXN per Indian Rupee. You will get more Mexican Peso for your Indian Rupees if you find a provider close to this number.
For context, over the last 7 days the INR-MXN mid-market rate has had a high of 0.1928, a low of 0.188 and averaged 0.1911 MXN per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to MXN will be the biggest determining factor when working out the cost of transferring Indian Rupees to Mexico.
Fees: Transfer fees are charged as part of the transfer. Ria Money Transfer charges the lowest fee of 4 INR at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Mexican Peso eventually received in Mexico. You can assume that a lower cost of sending from India will result in more money received in Mexico.
How to find the best exchange rate for Indian Rupee to Mexican Peso
Timing is essential for sending money between INR and MXN. The exchange rate you secure impacts how much MXN you get for your INR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from INR to MXN has seen some fluctuation. On average, it stood at 0.1911.
During this period, the highest value recorded was 0.1928, while the lowest was 0.188.
Wise, which is our recommended service to send money online from India to Mexico offers an exchange rate that is only -0.03% above the mid-market rate.
Want to secure the best INR-Mexican Peso exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Mexico!
Payment methods available to fund your India to Mexico transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Mexico.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to Mexico allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to Mexico.
With a fee of INR4 to send money from India to Mexico, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Mexico with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to Mexico, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from India to Mexico, we to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Mexico and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Mexico.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to MXN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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