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EUR to MXN 2026 Forecasts

Analysis of recent euro → peso forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Euro to Mexican peso performance and trends.

 

EUR/MXN Outlook: Slightly positive, but likely to move sideways, as the rate is currently below its recent average and lacks a strong driver.

Key drivers:

• Rate gap: The European Central Bank has adopted a cautious approach, with no imminent rate hikes, while the Bank of Mexico is maintaining a higher interest rate, supporting the peso.

• Risk/commodities: Oil prices are currently elevated, which may benefit the Mexican peso as it is sensitive to energy market trends.

• One macro factor: Mexico's GDP growth forecast for 2026 suggests stable economic performance, counterbalancing any short-term pressures on the peso.

Range: The EUR/MXN is likely to drift within its recent range, possibly staying stable as it trades close to 14-day highs.

What could change it:

• Upside risk: A significant rebound in Eurozone retail sales could strengthen the euro against the peso.

• Downside risk: Unexpected adjustments in the US-Mexico-Canada Agreement could create uncertainty for the peso, pushing it lower.

EUR-MXN Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to MXN Market Data

Euro (EUR) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy MXN
1 EUR =
20.37We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−0.7%▼
90dLows◒
EUR to MXN is at 90-day lows near 20.36, 3.0% below its 3-month average of 21.01, having traded in a quite stable 5.4% range from 20.36 to 21.45
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  1 MXN = 0.049101 EUR

Compare & Save - Euro to Mexican peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Euro (EUR) to Mexican peso (MXN) rates from different sources before making a conversion.

Use our EUR 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 Euro to Peso currency rates and the possible savings of using various providers.

 
 

Will the Euro 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 Euro vs Mexican peso current value is to look the EUR/MXN historic rate and change over a range of periods.

The following table looks at the change in the EUR 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 EUR/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