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GBP to MXN Exchange Rates & Currency Deals

GBP-MXN Rate Calculator

 
 
   

Understanding the Table:

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.

 
Sell GBP   →   Buy MXN
1 GBP = 23.69 MXN
1d−1.2%
90dLows
GBP to MXN is at 90-day lows near 23.62, 2.5% below its 3-month average of 24.23, having traded in a quite stable 4.6% range from 23.62 to 24.71
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Currency Forecasts related to GBP/MXN

GBP to MXN 2026 Forecasts

Bias: bearish-to-range-bound, as GBP/MXN sits below the 90-day average and in the lower half of the 3-month range.

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GBP to USD 2026 Forecasts

Bias: range-bound, current level sits near the 90-day average and in the middle of the 3-month range.

Read forecast

USD to MXN 2026 Forecasts

Bias: Bearish-to-range-bound, as USD/MXN sits below its 90-day average and in the lower half of the 3-month range, suggesting limited near-term moves.

Read forecast

GBP/MXN faces bearish-to-range drift, trading below the 90-day avg and near the lower end of the 3m range. BoE likely to cut further this year while Banxico holds, narrowing the rate gap and aiding MXN. Risk-off tends to hit GBP more, keeping MXN relatively firmer. Bias bearish-to-range-bound, as GBP/MXN sits below the 90-day average and in the lower half of the 3-month range Key drivers - Rate gap: BoE likely to cut further this year while Banxico holds, narrowing the interest-rate advantage for GBP and supporting MXN. - Trade/policy: Mexico’s tariff measures on non-FTA imports shape the trade backdrop, while tourism growth adds a growth-supportive tilt for MXN. - Global risk appetite: Shifts in risk appetite tend to press GBP more than MXN in risk-off moves, helping MXN when appetite weakens. Range drift within the 3-month range, with tests of the lower end if risk-off persists What could change it - Upside risk: stronger-than-expected UK data or a slower BoE easing path could lift GBP and curb MXN gains. - Downside risk: tariffs bite harder than anticipated or a renewed risk-off environment strengthens the dollar, pressuring MXN further

 

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 * :

GBP MXN
£ 1 Mex$ 23.69
£ 5 Mex$ 118.45
£ 10 Mex$ 236.90
£ 20 Mex$ 473.80
£ 50 Mex$ 1,185
£ 100 Mex$ 2,369
£ 250 Mex$ 5,923
£ 500 Mex$ 11,845
£ 1,000 Mex$ 23,690
£ 2,000 Mex$ 47,380
£ 5,000 Mex$ 118,450
£ 10,000 Mex$ 236,900
£ 20,000 Mex$ 473,800
£ 50,000 Mex$ 1,184,500
£ 100,000 Mex$ 2,369,000
GBP MXN
£ 0.0422 Mex$ 1
£ 0.2111 Mex$ 5
£ 0.4221 Mex$ 10
£ 0.8442 Mex$ 20
£ 2.1106 Mex$ 50
£ 4.2211 Mex$ 100
£ 10.55 Mex$ 250
£ 21.11 Mex$ 500
£ 42.21 Mex$ 1,000
£ 84.42 Mex$ 2,000
£ 211.06 Mex$ 5,000
£ 422.11 Mex$ 10,000
£ 844.22 Mex$ 20,000
£ 2,111 Mex$ 50,000
£ 4,221 Mex$ 100,000

More amounts

*Converted at the current GBP-MXN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for GBP to MXN?

The best GBP to MXN exchange rate is 23.57 from OFX . This is -0.51% compared to the mid-market rate 23.69.

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 23.57, -0.51% from the latest mid-market rate 23.69.

The next best is XE at 23.55, -0.59% from the mid-rate.

Then Wise at 23.54, which is -0.63% from the mid-rate.

The Western Union rate is 23.45 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 22.51 at -5% the Royal Bank of Scotland rate is 22.65 at -4.4% and the Barclays Bank rate is 22.58 at -4.7% compared to the mid-rate 23.69.

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.

 

Compare GBP to MXN Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: