Switch

CAD to MXN - Best Rates Guide

We review Canadian Dollar to Mexican Peso latest & historic FX rates along with recent CAD/MXN Trend and Alerts.

 

Best CAD to MXN Rate

1 CAD = 15.57 MXN
LATEST CAD/MXN MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

SELL CAD  :  BUY MXN 
 

Canadian Dollar to Mexican Peso
- Trends & Alerts

CADMXN at 15.55 is a little below its 90-DAY average, range 15.35-16.17.
|
1-DAY0.6% (2d)
 
CAD to MXN chart

View My Alerts

     

Comparing CAD to MXN Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/MXN rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for CAD to MXN International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
Loading
 
Loading
   

Canadian Dollar to Mexican Peso - Quick Conversions

CAD MXN
C$ 1 Mex$ 15.57
C$ 5 Mex$ 77.85
C$ 10 Mex$ 155.70
C$ 20 Mex$ 311.40
C$ 50 Mex$ 778.50
C$ 100 Mex$ 1,557
C$ 250 Mex$ 3,893
C$ 500 Mex$ 7,785
C$ 1,000 Mex$ 15,570
C$ 2,000 Mex$ 31,140
C$ 5,000 Mex$ 77,850
C$ 10,000 Mex$ 155,700
C$ 50,000 Mex$ 778,500
C$ 100,000 Mex$ 1,557,000
More amounts
CAD MXN
C$ 0.0642 Mex$ 1
C$ 0.3211 Mex$ 5
C$ 0.6423 Mex$ 10
C$ 1.2845 Mex$ 20
C$ 3.2113 Mex$ 50
C$ 6.4225 Mex$ 100
C$ 16.06 Mex$ 250
C$ 32.11 Mex$ 500
C$ 64.23 Mex$ 1,000
C$ 128.45 Mex$ 2,000
C$ 321.13 Mex$ 5,000
C$ 642.25 Mex$ 10,000
C$ 3,211 Mex$ 50,000
C$ 6,423 Mex$ 100,000
More amounts

Calculate other CAD/MXN amounts (from or to) at mid-market with our CAD to MXN Calculator .

 

Canadian Dollar and Mexican Peso - Market News

 

When determining the best time to make a foreign exchange transaction, in this case the CAD vs MXN, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

Canadian Dollar exchange rates have gained amid Canada's economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market.

Get more details in the article Canadian Dollar Forecasts.

 

Mexican Peso (MXN)

The Mexican peso continued its good run in 2020 hitting the significant value of 20 to the US dollar November 23rd, as the oil price continues to improve and investors look for higher yield investments. 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's prediction in April was dire; Cash transfers from immigrants in the U.S. to family in Latin America would plummet 19% due to the pandemic. However with remittances surging, the level of money being sent is roughly equal with 2019.

   

Country Guides - Mexican Peso

 
MexicoMexico (MXN)
     

How to get Good CAD to MXN Exchange Rates

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.

 

What is a good CAD to MXN exchange rate?

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.

CAD/MXNChangePeriod
15.7693
08 Jan 2021
1.4% ▼1 Week
15.5928
16 Dec 2020
0.3% ▼30 Days
16.0251
17 Oct 2020
3% ▼90 Days
14.3985
16 Jan 2020
8% ▲1 Year
12.5432
17 Jan 2016
23.9% ▲5 Years
12.1337
18 Jan 2011
28.1% ▲10 Years

CAD/MXN 10 year historic rates & change to 15-Jan-2021 : 15.5448

 
   

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.

 

View My Alerts

 

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

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.