The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to MXN Market Data
British pound (GBP) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bearish-to-range-bound: USD/MXN sits below the 90-day average and in the lower half of the 3-month range, leaving little room for a sustained break higher.
Bias
GBP/MXN: bearish-to-range, below the 90-day avg and near the bottom of the 3-month range. BoE hints at cautious easing while Banxico stays on hold, with Mexico’s modest 2026 outlook and China tariffs weighing on MXN. Range likely holds, lower end possible.
Key drivers
- Rate gap: The BoE is signaling a cautious easing path, while Banxico has kept policy on hold, creating a divergence that tends to keep the pair sensitive to data surprises.
- Macro factor: Mexico’s growth outlook for 2026 remains modest, with external demand and policy choices adding headwinds to MXN, which may soften when domestic fundamentals lag.
- Trade policy changes: Mexico’s tariffs on imports from China could weigh on export activity and MXN demand by influencing supply chains and price pressures.
Range
GBP/MXN is likely to drift within its three-month range, with a test of the lower end possible.
What could change it
- Upside risk: stronger UK data or a clearer BoE signal to slow or pause rate cuts could support GBP.
- Downside risk: UK data softness or a larger-than-expected BoE easing path could weigh on GBP, pushing GBP/MXN lower
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GBP to MXN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to MXN?
The best GBP to MXN exchange rate is 24 from OFX . This is -0.5% compared to the mid-market rate 24.12.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Mexican peso (MXN) rates from different sources before making a conversion.
The above
Sterling to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest GBP-MXN mid-rate and the possible savings of using various providers.
How do GBP-MXN rates compare between providers?
Looking at the full
GBP to MXN - Send Money comparison table the provider with the best GBP to MXN exchange rate is OFX at 24, -0.5% from the latest mid-market rate 24.12.
The next best is XE at 23.98, -0.58% from the mid-rate.
Then Wise at 23.96, which is -0.66% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.