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GBP to MXN 2025 Forecasts

Analysis of recent sterling → peso forecasts for 2025. We collate forecasts from respected FX analysts together with the latest British pound to Mexican peso performance and trends.

 

The GBP to MXN exchange rate has recently faced downward pressure, with the pound (GBP) trading at 7-day lows around 24.62, which is approximately 1.4% below its three-month average of 24.96. This decline comes amid softening UK inflation data, which held steady at 3.8% for September, missing expectations of a rise to 4%. Analysts suggest that this weak inflation reading raises the likelihood of a Bank of England (BoE) interest rate cut in December, potentially further suppressing the pound.

Recent economic indicators also paint a cautious picture for the UK economy. The Confederation of British Industry reports suggest declines in business optimism and industrial orders for October, which could further impact GBP. Forecasters expect that any ongoing deteriorations in economic data could contribute to a bearish outlook for GBP against the Mexican peso (MXN) in the near term.

On the other side, the Mexican peso remains influenced by several factors, including concerns surrounding U.S. tariffs on Mexican goods that have introduced volatility to the currency. The Bank of Mexico's (Banxico) decision to maintain interest rates at 11.00% indicates a dovish stance, impacting the peso's strength, especially as uncertainties over trade policies linger due to the upcoming review of the USMCA.

Market experts have labeled the current environment as challenging for GBP against MXN, particularly with expectations of rate cuts in the UK juxtaposed against monetary policy uncertainties from Mexico. Consequently, businesses and individuals engaging in international transactions should stay alert to these developments, as they may face fluctuating rates that could influence costs for currency conversions between GBP and MXN.

GBP-MXN Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to MXN Market Data

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

 
Sell GBP   →   Buy MXN
1 GBP =
24.55We compare provider deals to this wholesale mid-market rate. Read more
MXN
1d−0.1%
GBP to MXN is at 7-day lows near 24.62, 1.4% below its 3-month average of 24.96, having traded in a very stable 4.0% range from 24.47 to 25.44
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  1 MXN = 0.040726 GBP

Compare & Save - British pound to Mexican peso

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

Use our GBP 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 Sterling to Peso currency rates and the possible savings of using various providers.

 
 

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

The following table looks at the change in the GBP to MXN exchange rate over periods from the previous week back to the last 10 years.

DateGBP/MXNChangePeriod
09 Oct 2025
24.46
0.6% 2 Week
25 Jul 2025
24.91
1.2% 3 Month
23 Oct 2024
25.62
4% 1 Year
24 Oct 2020
27.22
9.6% 5 Year
26 Oct 2015
25.39
3.1% 10 Year
28 Oct 2005
19.31
27.4% 20 Year
GBP/MXN historic rates & change to 23-Oct-2025

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 GBP/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