Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

CAD to MXN Forecasts – Canadian dollar to Mexican peso

Latest CAD to MXN forecasts including bank predictions, key market drivers and recent trends for CAD/MXN. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to MXN Forecast & Outlook

28 Mar 2026 • 00:46 GMT

CAD/MXN 13.04

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 12.9100 – 13.1400
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/MXN is trading near the upper end of its recent range, supported by risk-off conditions that favour safe-haven currencies. The pair is holding close to recent highs, with the risk sentiment driving cautious trading. Over the next few sessions, conditions may remain supportive as global risk-off persists, keeping the pair within its range.

💸 Transfer implications

  • Expats: sending money to Mexico may find conditions slightly more favourable than recent levels.
  • Travellers: exchanging currency or loading cash may face limited advantage, with sideways trading potential.
  • Businesses: paying overseas invoices in MXN could see no significant change in transfer costs.

🧭 Key drivers

  • Rate gap: US-Canada interest rate spreads and oil price movements influence the rate differential.
  • Risk/commodities: Risk aversion driven by global uncertainty supports safe-haven currencies like the CAD.
  • Global factors: US economic data and monetary policy signals continue to underpin risk sentiment.

⚠️ What could change it

  • Upside risk: A shift toward risk-on sentiment or a softer US dollar might push CAD/MXN higher.
  • Downside risk: An escalation in risk-off flows or a decline in oil prices could weaken the pair.

BER suggests exploring FX providers with lower margins to help offset less favourable conditions and reduce transfer costs.

CAD-MXN Rate Calculator

 
 
   
   
   
   
   
 
 

CAD to MXN Market Data

Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy MXN
1 CAD =
13.04We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d+0.7%▲
CAD to MXN at 13.04 is 1.7% above its 3-month average of 12.82, having traded in a quite stable 5.0% range from 12.51 to 13.14
|
Tracker

Manage Tracker   

  1 MXN = 0.076709 CAD

Compare & Save - Canadian dollar to Mexican peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Mexican peso (MXN) rates from different sources before making a conversion.

Use our CAD to MXN calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Peso currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Mexican peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Mexican peso current value is to look the CAD/MXN historic rate and change over a range of periods.

The following table looks at the change in the CAD to MXN exchange rate over periods from the previous week back to the last 10 years.

DateCAD/MXNChangePeriod
13 Mar 2026
13.00
0.6% ▼2 Week
27 Dec 2025
13.09
1.3% ▼3 Month
27 Mar 2025
14.19
8.9% ▼1 Year
28 Mar 2021
16.40
21.2% ▼5 Year
29 Mar 2016
13.26
2.6% ▼10 Year
01 Apr 2006
9.3654
38% ▲20 Year
CAD/MXN historic rates & change to 27-Mar-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/MXN to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more