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CAD to MXN Forecast – Canadian dollar to Mexican peso

Latest CAD to MXN forecast including bank predictions, key market drivers and recent trends for CAD/MXN. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to MXN Forecast

In the near term, CAD/MXN is trading close to recent highs near 13.11, supported by Canada's oil-driven inflation influence. The pair has been consolidating within its recent range, and current conditions suggest limited directional movement unless new risk or policy shifts emerge.

Transfer implications

  • Expats: sending money abroad from CAD to MXN may find current levels relatively favourable but could face pressure if the pair weakens.
  • Travellers: exchanging currency for MXN might find rates near support levels, though minor fluctuations could occur.
  • Businesses: paying MXN invoices in CAD may experience stable costs, with little immediate change expected.

Key drivers

  • Rate gap: Canada's monetary policy divergence influences CAD strength, with the bank holding near the 90-day average.
  • Risk/commodities: Oil prices and geopolitical tensions continue to influence safe-haven flows, impacting the pair.
  • Global factors: USD/MXN remains affected by trade tensions and Fed policy expectations, adding to external volatility.

What could change it

  • Upside risk: A sudden easing of risk sentiment or a shift in Canadian policy could boost CAD.
  • Downside risk: A sharp pullback in oil prices or escalation of geopolitical tensions might weaken CAD and favor 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 =
13.11We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d+1.2%
60dHighs
CAD to MXN is at 60-day highs near 13.11, 2.0% above its 3-month average of 12.85, having traded in a quite stable 5.4% range from 12.51 to 13.18
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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
20 Feb 2026
12.52
3.4% 2 Week
06 Dec 2025
13.14
1.5% 3 Month
06 Mar 2025
14.19
8.8% 1 Year
07 Mar 2021
16.83
23.1% 5 Year
08 Mar 2016
13.36
3.1% 10 Year
11 Mar 2006
9.2072
40.5% 20 Year
CAD/MXN historic rates & change to 06-Mar-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