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🇲🇽 Silver Price Today in Mexico | MX$1,251.82
Live silver price in Mexican Peso (MXN) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (MXN)
MX$40.2468
Per Troy Oz (MXN)
MX$1,251.82
Per Kg (MXN)
MX$40,247
USD/Silver Spot
$72.78/oz
USD/MXN Rate
1 USD = 17.2 MXN
Gold/Silver Ratio
62.0:1
Silver Market in Mexico
Mexico was the world's leading silver producer for centuries and remains a top silver mining nation, with silver production also significant. The Libertad silver coin, produced by the Casa de Moneda de México (the oldest mint in the Americas), is a popular investment coin. Banco de México holds approximately 120 tonnes in silver reserves.
Why do people in Mexico invest in silver?
Mexican investors use silver to hedge against peso volatility and political uncertainty. Mexico's proximity to the US dollar economy creates unique dynamics — many Mexicans hold USD alongside silver. The peso periodically experiences sharp depreciations, making silver an important hedge for middle-class savers.
Frequently Asked Questions — Silver in Mexico
What is the silver price in Mexico today in pesos?
Mexican silver prices in MXN track international USD spot converted at the USD/MXN rate. The Banco de México publishes official exchange rates used for silver price calculations.
What is the Centenario silver coin?
The Centenario is a Mexican silver coin minted to commemorate the 100th anniversary of Mexican independence. It contains 1.2057 oz of pure silver (37.5g of 21.6K silver) and is one of the most iconic Latin American silver coins.
Is VAT charged on silver in Mexico?
silver jewellery is subject to 16% IVA (VAT) in Mexico. Investment silver (bars and coins with LBMA-standard purity) may qualify for VAT exemption under specific conditions. Check with your dealer for current applicable rates.
Where can I buy silver in Mexico?
silver can be purchased from Casa de Moneda de México, major banks (BBVA Bancomer, Banamex, HSBC Mexico), authorized bullion dealers, and online platforms. The Mercado de JoyerÃa in Mexico City is a major jewellery and silver trading hub.