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    EUR to MXN Exchange Rates

    Compare & Save on euro to Mexican peso FX rates - Check EUR/MXN Trends and Forecasts.

     
    1 EUR =
    23.33We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    Sell EUR   →   Buy MXN
     
    1-DAY+0.6%
    14-DAYHIGH
    EUR to MXN at 23.33 has fallen 1.0% below average of its 90-day range 23.07-24.80.
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    Track Rate
    EUR/MXN wasChangePeriod
    23.08
    10 Jan 2022
    1% 2 Weeks
    23.42
    26 Oct 2021
    0.5% 90 Days
    24.28
    24 Jan 2021
    4% 1 Year
    22.66
    25 Jan 2017
    2.9% 5 Years
    17.06
    27 Jan 2012
    36.6% 10 Years
    7.9323
    29 Jan 2002
    193.9% 20 Years
    EUR/MXN change over periods to 24-Jan-2022

    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.


    The euro has recently slipped below 1.1350 and looks to continue to slide down. From what’s been communicated by ECB President Christine Lagarde, the gap between Fed and ECB policy is only going to increase over the near future.

    Lagarde mentioned that the ECB will act more cautiously than the Fed given their lower base of underlying inflation, which will hold back the relative value of the euro.

     EUR Outlook

    1-DAY+0.6%
    14-DAYHIGH

    EUR 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.

     

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

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       
     

    How to get a good EUR 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Mexico.

     

    Will the Euro 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 EUR/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.