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CAD to MXN 2026 Forecasts

Analysis of recent loonie → peso forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Mexican peso performance and trends.

 

CAD/MXN Outlook:

Bearish, as the rate is below its recent average and near recent lows, pressured by weak economic indicators.

Key drivers:

• Rate gap: The Bank of Canada has maintained rates while the Bank of Mexico has cut rates, increasing the gap between the two currencies.

• Risk/commodities: Recent fluctuations in oil prices are affecting the CAD, with a significant drop in crude prices leading to a weaker loonie.

• One macro factor: The contraction in Canada's services sector and flat economic growth limits further support for the CAD.

Range:

The CAD/MXN is likely to drift within its recent range as pressures from weak economic data continue.

What could change it:

• Upside risk: An unexpected rebound in oil prices could improve CAD strength.

• Downside risk: Continued negative developments in the Canadian economy or further rate cuts by the Bank of Mexico could weaken the peso.

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 =
12.61We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−1.1%▼
90dLows◒
CAD to MXN is at 90-day lows near 12.61, 2.8% below its 3-month average of 12.97, having traded in a quite stable 4.5% range from 12.61 to 13.18
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Tracker

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  1 MXN = 0.079274 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.

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.

 
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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