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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 to MXN exchange rate is currently bearish, trading at 90-day lows near 12.92, which is 1.4% below the 3-month average of 13.11.

Key drivers include:

  • The interest rate differential remains stable, with the Bank of Canada maintaining its policy rate, which does not attract significant foreign investment.
  • Oil prices are influencing the CAD, currently at highs near 63.01, which may provide some support to the loonie if sustained.
  • Canadian job growth has shown robust numbers, indicating healthier economic performance, though the immediate impact may be muted.

In the near term, trading is expected to remain within a narrow range, reflecting minor fluctuations as market sentiment stabilizes.

Upside risk for the CAD could stem from a substantial recovery in oil prices, significantly boosting the economy. Conversely, a downturn in the Mexican economy, possibly influenced by weaker remittances or a divergence in monetary policies, may weaken the MXN further against the CAD.

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 =
12.92We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−0.4%▼
90dLows◒
CAD to MXN is at 90-day lows near 12.92, 1.4% below its 3-month average of 13.11, having traded in a very stable 2.7% range from 12.92 to 13.27
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  1 MXN = 0.077425 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
26 Dec 2025
13.09
0.9% ▼2 Week
11 Oct 2025
13.27
2.3% ▼3 Month
09 Jan 2025
14.24
8.9% ▼1 Year
10 Jan 2021
15.76
17.7% ▼5 Year
12 Jan 2016
12.57
3.2% ▲10 Year
14 Jan 2006
9.1088
42.4% ▲20 Year
CAD/MXN historic rates & change to 09-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