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GBP to MXN - Best Rates Guide

We review Pound Sterling to Mexican Peso latest & historic FX rates along with recent GBP/MXN Trend and Alerts.

 

Latest wholesale rate

1 GBP = 26.77 MXN
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Pound Sterling to Mexican Peso
- Trend & Alerts

GBPMXN at 26.76 is 2.5% below its 90-DAY average, range 26.66-28.87.
🔔 GBPMXN is DOWN 0.5% TODAY.
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Alert:1-DAY0.5% |
 
GBP to MXN chart

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Comparing GBP 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 GBP/MXN rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for GBP 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.

 
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Pound Sterling to Mexican Peso - Quick Conversions

GBP MXN
£ 1 Mex$ 26.77
£ 5 Mex$ 133.85
£ 10 Mex$ 267.70
£ 20 Mex$ 535.40
£ 50 Mex$ 1,339
£ 100 Mex$ 2,677
£ 250 Mex$ 6,693
£ 500 Mex$ 13,385
£ 1,000 Mex$ 26,770
£ 2,000 Mex$ 53,540
£ 5,000 Mex$ 133,850
£ 10,000 Mex$ 267,700
£ 50,000 Mex$ 1,338,500
£ 100,000 Mex$ 2,677,000
More amounts
GBP MXN
£ 0.0374 Mex$ 1
£ 0.1868 Mex$ 5
£ 0.3736 Mex$ 10
£ 0.7472 Mex$ 20
£ 1.8679 Mex$ 50
£ 3.7358 Mex$ 100
£ 9.3395 Mex$ 250
£ 18.68 Mex$ 500
£ 37.36 Mex$ 1,000
£ 74.72 Mex$ 2,000
£ 186.79 Mex$ 5,000
£ 373.58 Mex$ 10,000
£ 1,868 Mex$ 50,000
£ 3,736 Mex$ 100,000
More amounts

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

Pound Sterling and Mexican Peso - Market News

 

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

 

Pound Sterling (GBP)

The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favourable terms given to the U.K.

Get more details in the article British Pound 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.

   

Country Guides - Mexican Peso

 
MexicoMexico (MXN)
     

How to get Best GBP 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 GBP 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 Pound Sterling 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.

GBP/MXNChangePeriod
26.7294
25 Nov 2020
0% ▼1 Week
27.6206
02 Nov 2020
3.3% ▼30 Days
28.7989
03 Sep 2020
7.2% ▼90 Days
25.4247
03 Dec 2019
5.1% ▲1 Year
25.1520
04 Dec 2015
6.2% ▲5 Years
19.3822
05 Dec 2010
37.9% ▲10 Years

GBP/MXN 10 year historic rates & change to 02-Dec-2020 : 26.7229

 
   

Will the Pound Sterling 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 GBP/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 rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.