XE convert is showing 20.38
https://www.xe.com/currencyconverter/convert/?From=USD&To=MXN
As is Bloomberg
https://www.bloomberg.com/quote/USDMXN:CUR
Generally what I do is put - usd to mxn - into a search engine and
take the top two results.
https://duckduckgo.com/?q=usd+to+mxn&t=h_&ia=currency
One should keep in mind that the quotes are the bank to bank rate, what
you can get as in individual depends on how much you are transferring and
which institution you are using. The difference between the bank rate
and what you get is how financial intuitions make their profit for handling
the transaction. When moving large amounts of money you can actually work
on the margin the bank is making by shopping around, much like you would if
buying any high cost item. You can get them to compete against each other.
Another way exchanges can make money is to delay the transfer e.g. if the
dollar is rising in value they may take the money from your account in
the morning and move it in the evening at a higher rate. I have had transfers
"get lost" for a couple weeks if the dollar is changing rapidly.
https://en.wikipedia.org/wiki/Exchange_rate
Hopefully blockchain will eliminate much of the margin (and games)
of the banks in the near future
https://www.americanexpress.com/us/content/foreign-exchange/articles/blockchain-revolution-for-currency-transfers-financial-services/
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