Exchange Rate Calculator

As of June 3, 2025, Bitcoin (BTC) is trading at approximately 1,744,242 Mexican Pesos (MXN) per BTC. (coingecko.com) This marks a significant increase from its value in previous years, reflecting both Bitcoin's global appreciation and the dynamics of the Mexican Peso.

Recent Performance

In the past 24 hours, Bitcoin's value has experienced a slight decline of 1.8% against the Mexican Peso. However, over the past week, it has seen a modest increase of 0.6%. The 24-hour trading volume for Bitcoin in the BTC/MXN pair stands at approximately MX$1,141,436,984,149, indicating robust market activity. (coingecko.com)

Historical Context

Looking back, Bitcoin's value against the Mexican Peso has shown remarkable growth. In October 2015, 1 BTC was valued at around MX$5,646.67. (freecurrencyrates.com) By October 2016, this had increased to approximately MX$14,217.92. (freecurrencyrates.com) The upward trend continued, with Bitcoin reaching MX$117,227.18 by October 2017. (freecurrencyrates.com) This exponential growth underscores Bitcoin's increasing adoption and the evolving cryptocurrency landscape.

Market Capitalization and Supply

Bitcoin's current market capitalization is approximately MX$34,545,342,958,694, with a circulating supply of 19,833,746 BTC. The maximum supply is capped at 21,000,000 BTC, highlighting its scarcity and potential for future value appreciation. (coingecko.com)

Factors Influencing BTC/MXN Exchange Rate

Several factors contribute to the fluctuations in the BTC/MXN exchange rate:

• Global Bitcoin Demand: As the leading cryptocurrency, Bitcoin's value is heavily influenced by global demand, technological advancements, and regulatory developments.

• Mexican Peso Dynamics: The strength and stability of the Mexican Peso, affected by economic policies, inflation rates, and international trade, play a crucial role in determining the BTC/MXN exchange rate.

• Market Sentiment: Investor sentiment, driven by news, market trends, and macroeconomic factors, can lead to significant volatility in cryptocurrency markets.

Conclusion

The BTC/MXN exchange rate has demonstrated substantial growth over the past decade, reflecting both Bitcoin's global ascent and the economic factors influencing the Mexican Peso. Investors should remain vigilant, considering the inherent volatility of cryptocurrencies and the various factors that can impact exchange rates.