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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 is currently bearish, trading near 90-day lows.

Key drivers of this trend include:

  • The Bank of Canada has maintained its policy rate at 2.25%, signaling stability but limited upward pressure on the CAD.
  • Recent job growth in Canada supports economic confidence, yet oil prices remain volatile, with Brent Crude OIL/USD currently 2.9% lower than its three-month average, affecting the commodity-linked CAD.
  • Analysts expect modest growth in the Mexican economy, with stable exchange rate forecasts suggesting the MXN will remain within the same trading range.

In the near term, the CAD/MXN is likely to remain within a stable range, influenced by current low levels.

Upside risks could emerge from any significant increases in oil prices, which would support the CAD. Conversely, if U.S. economic conditions weaken or if the Canadian job market shows signs of decline, the CAD could face further pressure against the MXN.

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 =
12.98We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d0.0%⬦
90dLows◒
CAD to MXN is at 90-day lows near 12.97, 1.1% below its 3-month average of 13.11, having traded in a very stable 2.4% range from 12.97 to 13.28
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  1 MXN = 0.077022 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