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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: Slightly weaker, but likely to move sideways, as the rate is below its recent average and trading near recent lows.

Key drivers:

  • The Bank of Canada has maintained its policy rate, while the Bank of Mexico keeps its rate higher, which supports the MXN through attractive yields.
  • Oil prices are significantly above their average, benefiting the CAD as Canada relies heavily on oil exports.
  • Mexico is seeing positive foreign investment trends, bolstered by nearshoring and strong manufacturing growth.

Range: Expect CAD/MXN to remain stable within its recent range, potentially testing the lower end but unlikely to break out strongly in either direction.

What could change it:

  • Upside risk: A notable increase in oil prices could strengthen the CAD against the MXN.
  • Downside risk: Any negative news regarding US-Mexico trade agreements might pressure the peso lower, impacting the CAD/MXN 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 =
12.69We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−0.6%▼
 
CAD to MXN at 12.64 is 2.6% below its 3-month average of 12.98, having traded in a quite stable 4.4% range from 12.63 to 13.18
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Tracker

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  1 MXN = 0.078828 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