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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.

 

The CAD/MXN exchange rate appears bearish in the near term. Key drivers include the interest rate differential, as the Bank of Canada maintains its rate at 2.25%, while Mexico's Banxico is expected to cut rates less aggressively. Additionally, the recent softening of Canadian manufacturing signals weaker economic growth, which may pressure the CAD. Oil price fluctuations also play a role; as oil nears $62 per barrel, lower prices could potentially weaken the CAD due to reduced revenue from Canada's oil exports.

Expect the CAD/MXN to trade within a stable range in the coming months, likely reflecting the recent pricing around 13.02, just below its three-month average. Upside risks could arise from a surprising recovery in Canadian growth indicators or a significant rebound in oil prices. Conversely, any sharp economic downturn in Canada or hints at a more aggressive easing of U.S. monetary policy could create downward pressure on the exchange rate.

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 =
13.01We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d0.0%⬦
90dLows◒
CAD to MXN at 13.02 is just 0.8% below its 3-month average of 13.12, having traded in a very stable 2.1% range from 13.01 to 13.28
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  1 MXN = 0.076873 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
23 Dec 2025
13.08
0.6% ▼2 Week
08 Oct 2025
13.14
1.1% ▼3 Month
06 Jan 2025
14.18
8.3% ▼1 Year
07 Jan 2021
15.78
17.6% ▼5 Year
09 Jan 2016
12.65
2.8% ▲10 Year
11 Jan 2006
9.1450
42.2% ▲20 Year
CAD/MXN historic rates & change to 06-Jan-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.

 
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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