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1 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.

 

Best GBP to MXN Rate

1 GBP = 27.33 MXN
LATEST GBP/MXN MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

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£1 GBP
=
Mex$27.33 MXN
*

* Converted at GBP/MXN mid-market rate, compare Send Money and Travel/Spend exchange rates.

GBPMXN at 27.33 is 1.3% above its 90-DAY average, range 26.43-27.64.
🔔 GBPMXN is UP 2.2% this 4-DAY period and at 60-DAY HIGHS.
|
Alerts:4-DAY2.2% | 60-DAY HIGHS |
 
GBP to MXN - Trends & Alerts

View My Alerts

   

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$ 27.33
£ 5 Mex$ 136.65
£ 10 Mex$ 273.30
£ 20 Mex$ 546.60
£ 50 Mex$ 1,367
£ 100 Mex$ 2,733
£ 250 Mex$ 6,833
£ 500 Mex$ 13,665
£ 1,000 Mex$ 27,330
£ 2,000 Mex$ 54,660
£ 5,000 Mex$ 136,650
£ 10,000 Mex$ 273,300
£ 50,000 Mex$ 1,366,500
£ 100,000 Mex$ 2,733,000
More amounts
GBP MXN
£ 0.0366 Mex$ 1
£ 0.1830 Mex$ 5
£ 0.3660 Mex$ 10
£ 0.7319 Mex$ 20
£ 1.8298 Mex$ 50
£ 3.6595 Mex$ 100
£ 9.1488 Mex$ 250
£ 18.30 Mex$ 500
£ 36.60 Mex$ 1,000
£ 73.19 Mex$ 2,000
£ 182.98 Mex$ 5,000
£ 365.95 Mex$ 10,000
£ 1,830 Mex$ 50,000
£ 3,660 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 had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.

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.

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 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
26.8964
15 Jan 2021
1.6% ▲1 Week
27.1043
23 Dec 2020
0.8% ▲30 Days
27.2174
24 Oct 2020
0.4% ▲90 Days
24.6118
23 Jan 2020
11% ▲1 Year
26.3267
24 Jan 2016
3.8% ▲5 Years
19.1119
25 Jan 2011
43% ▲10 Years

GBP/MXN 10 year historic rates & change to 22-Jan-2021 : 27.3260

 
   

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 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.