Best CAD to MXN Exchange Rates - Compare Providers & Save

In this Canadian dollar to Mexican peso guide:

1 CAD = MXN

Sell CAD → Buy MXN

7-DAY▼-3.3%

90-DAY▲HIGH4d

CAD to MXN at 16.55 has risen 1.4% above its 90-day average, range 15.67-17.13.

03-DEC 5PM-NY 10PM-LON 04-DEC 6AM-HK 9AM-SYD

Track Rate

CAD/MXN was	Change	Period
16.49 19 Nov 2021	0.4% ▲	2 Weeks
15.91 04 Sep 2021	4% ▲	90 Days
15.47 03 Dec 2020	7% ▲	1 Year
15.51 04 Dec 2016	6.7% ▲	5 Years
13.33 06 Dec 2011	24.2% ▲	10 Years
5.8442 08 Dec 2001	183.2% ▲	20 Years

CAD/MXN change over periods to 03-Dec-2021

The peso fortunes are connected to the oil market with oil high on the list of Mexico’s top exports.

US interest also affect the peso because Mexico holds high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheap and US rates are low.

Cash remittances to South America have defied predictions of a large Covid related drop. The World Bank predicted that cash transfers from immigrants in the U.S. to family in Latin America would plummet 19% due to the pandemic however remittance levels have been surging.

ING think CAD is in oversold territory. They expect more tapering by the Bank of Canada to support the Canadian dollar into year-end, and the short positioning may help limit the loonie’s downside. CAD Outlook

7-DAY▼-3.3%

90-DAY▲HIGH4d

CAD to MXN - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

Compare Transfer Rates : Send C$10,000 CAD → Receive MXN

Provider	Receive MXN	CAD/MXN Rate	Cost
Dunbridge Great Exchange Rates - Business payment and treasury specialists. Global business accounts. See details	10,000 CAD = 164,200 MXN Up to 6,737 MXN more 0.88% See details	16.42	0.88%	Visit Dunbridge Best Value
OFX Online & Phone, Helpful Dealers & Support. Lock in exchange rates with Spot & Forward Deals. See details	10,000 CAD = 164,000 MXN Get Mex$200 less 1% See details	16.4	1%	Visit OFXCompare this Rate No fees on all your OFX transfers
XE Trusted brand in foreign exchange, XE offer very good rates & $0 transfer fees. See details	10,000 CAD = 163,600 MXN Get Mex$600 less 1.24% See details	16.36	1.24%	Visit XECompare this Rate
HSBC See details	10,000 CAD = 161,177 MXN Get Mex$3,023 less 2.7% See details	16.15	2.7%	Compare this Rate
Scotiabank See details	10,000 CAD = 159,268 MXN Get Mex$4,932 less 3.85% See details	15.93	3.85%	Compare this Rate
TD Bank See details	10,000 CAD = 159,049 MXN Get Mex$5,151 less 3.99% See details	15.94	3.99%	Compare this Rate
SHOW ALL	10,000 CAD = 158,972 MXN Get Mex$5,228 less 4.03%	15.95	4.03%	Average Bank Rate
Coast Capital Savings See details	10,000 CAD = 157,905 MXN Get Mex$6,295 less 4.68% See details	15.95	4.68%	Compare this Rate
RBC See details	10,000 CAD = 157,463 MXN Get Mex$6,737 less 4.94% See details	15.77	4.94%	Compare this Rate
Paypal See details	10,000 CAD = 155,314 MXN Get Mex$8,886 less 6.24% See details	15.72	6.24%	Compare this Rate
Wise Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies. See details	Your amount above the Wise maximum - 5,000 USD 0.72% See details	Visit WiseCompare this Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

CAD/MXN=16.5653

7-DAY▼-2.3%

90-DAY▲HIGH4d

My Rates

Compare Transfers from Canada to Mexico

CAD to MXN calculator

* This table compares FX rates & fees of selected FX specialists and banks for CAD to MXN International Money Transfers. Providers must be well established, reputable and regulated in Canada with FINTRAC. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest CAD to MXN Exchange Rate (shown above) or a transaction fee and often both!

How to get a good CAD to MXN Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

Will the Canadian dollar rise against the Mexican peso?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

Rate Tracker

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

More Canadian dollar rates

^ Scroll back up to ^

From Amount (CAD)	C$10,000
To Amount (MXN)	Mex$164,200
Exchange Rate	1CAD = 16.42 MXN
Rate Margin	0.88%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	0.88%
Transfer Speed	1-2 days
BER Rating	4.2/5.0

From Amount (CAD)	C$10,000
To Amount (MXN)	Mex$164,000
Exchange Rate	1CAD = 16.40 MXN
Rate Margin	1%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	1%
Difference	Get Mex$200 MXN less than with Dunbridge
Transfer Speed	1-2 days

From Amount (CAD)	C$10,000
To Amount (MXN)	Mex$163,600
Exchange Rate	1CAD = 16.36 MXN
Rate Margin	1.24%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	1.24%
Difference	Get Mex$600 MXN less than with Dunbridge
Transfer Speed	1-2 days

From Amount (CAD)	C$10,000
To Amount (MXN)	Mex$161,177
Exchange Rate	1CAD = 16.15 MXN
Rate Margin	2.51%
Other Fees	C$20
Total Cost (Rate Margin + Fees)	2.7%
Difference	Get Mex$3,023 MXN less than with Dunbridge
Transfer Speed	2-3 days

From Amount (CAD)	C$10,000
To Amount (MXN)	Mex$159,268
Exchange Rate	1CAD = 15.93 MXN
Rate Margin	3.84%
Other Fees	C$1.99
Total Cost (Rate Margin + Fees)	3.85%
Difference	Get Mex$4,932 MXN less than with Dunbridge
Transfer Speed	2-3 days

CAD to MXN Exchange Rates

CAD to MXN - Compare & Save

Your CAD→MXN Foreign Transfer with Dunbridge

Your CAD→MXN Foreign Transfer with OFX

Your CAD→MXN Foreign Transfer with XE

Your CAD→MXN Foreign Transfer with HSBC

Your CAD→MXN Foreign Transfer with Scotiabank

Your CAD→MXN Foreign Transfer with TD Bank

Your CAD→MXN Foreign Transfer : Bank Average

Your CAD→MXN Foreign Transfer with Coast Capital Savings

Your CAD→MXN Foreign Transfer with RBC

Your CAD→MXN Foreign Transfer with Paypal

Your CAD→MXN Foreign Transfer with Wise

Multi-Vendor Quote

How to get a good CAD to MXN Exchange Rate

Reduce Excessive costs and fees

Will the Canadian dollar rise against the Mexican peso?

More Canadian dollar rates

MIN/MAX:	Your amount above the Wise maximum - 5,000 USD
Exchange Rate	1CAD = 16.52 MXN
Rate Margin	0.27%
Total Cost (Rate Margin + Fees)	0.72%
Transfer Speed	1-2 days