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CAD to MXN Rates - 2026 Forecast

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:

The CAD/MXN exchange rate is currently below its 90-day average and near recent lows. There is pressure on the CAD due to falling oil prices and concerns over Canada's economic growth.

Key drivers:

• Rate gap: The Bank of Canada's decision to keep rates unchanged contrasts with Mexico's stable interest rate, which may support the MXN over the CAD.

• Risk/commodities: With oil prices recently at 90-day highs, the strong upward trend could normally boost the CAD; however, falling prices are currently lowering demand for Canadian exports.

• Economic performance: Canada’s GDP report could reveal a contraction, further impacting the CAD negatively.

Range:

Expect the CAD/MXN to test the lower end of its recent range but remain stable within its current band.

What could change it:

• Upside risk: A significant increase in oil prices could renew demand for the CAD.

• Downside risk: A disappointing GDP report from Canada could deepen CAD declines 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 =
12.63We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d+0.5%▲
14dHighs◓
CAD to MXN is at 14-day highs near 12.63, 1.8% below its 3-month average of 12.86, having traded in a quite stable 5.4% range from 12.51 to 13.18
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  1 MXN = 0.079192 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
13 Feb 2026
12.61
0.3% ▼2 Week
29 Nov 2025
13.08
3.9% ▼3 Month
27 Feb 2025
14.17
11.3% ▼1 Year
28 Feb 2021
16.37
23.2% ▼5 Year
01 Mar 2016
13.37
6% ▼10 Year
04 Mar 2006
9.3083
35% ▲20 Year
CAD/MXN historic rates & change to 27-Feb-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