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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 = 23.62 MXN
1d−0.2%
90dLows
GBP to MXN is at 90-day lows near 23.91, 1.4% below its 3-month average of 24.25, having traded in a very stable 3.6% range from 23.91 to 24.77
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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 its 90-day average and at the lower end of the three-month range.

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GBP to USD 2026 Forecasts

Bias: GBP/USD is above the 90-day average and sits in the upper half of the three-month range, giving a bullish-to-range-bound stance.

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USD to MXN 2026 Forecasts

Bias: Bearish-to-range-bound, USD/MXN is below its 90-day average and sits in the lower half of the three-month range as traders digest policy signals.

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Bias bearish-to-range-bound, as GBP/MXN sits below its 90-day average and at the lower end of the three-month range. Key drivers - Rate gap: The BoE is on a mild easing path, while Banxico keeps policy tight, narrowing the typical yield advantage for GBP vs MXN and leaving GBP exposed to global risk swings. - Macro factor: Mexico’s tariffs on Chinese imports could weigh on MXN by dampening trade activity and raising costs for some exporters. - Risk/commodities: global risk appetite and oil-price volatility influence demand for risk currencies, leaving GBP/MXN sensitive to shifts in energy prices and broad financial conditions. Range GBP/MXN is likely to drift toward the lower end of the range and hover near the bottom of the band, with limited downside unless a new driver appears. What could change it - Upside risk: UK data surprises to the upside and the BoE signals a slower pace of rate cuts, supporting GBP and narrowing losses in GBP/MXN. - Downside risk: Banxico delivers an unexpected rate tightening, strengthening MXN and pushing GBP/MXN lower. Tweet GBP/MXN sits near the bottom of its 3-month range and below the 90-day average, bias bearish-to-range-bound. BoE easing vs Banxico tightening narrows the yield gap and leaves GBP exposed to risk swings. MXN could weaken on tariffs and energy moves

 

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$ 23.62
£ 5 Mex$ 118.10
£ 10 Mex$ 236.20
£ 20 Mex$ 472.40
£ 50 Mex$ 1,181
£ 100 Mex$ 2,362
£ 250 Mex$ 5,905
£ 500 Mex$ 11,810
£ 1,000 Mex$ 23,620
£ 2,000 Mex$ 47,240
£ 5,000 Mex$ 118,100
£ 10,000 Mex$ 236,200
£ 20,000 Mex$ 472,400
£ 50,000 Mex$ 1,181,000
£ 100,000 Mex$ 2,362,000
GBP MXN
£ 0.0423 Mex$ 1
£ 0.2117 Mex$ 5
£ 0.4233 Mex$ 10
£ 0.8467 Mex$ 20
£ 2.1167 Mex$ 50
£ 4.2333 Mex$ 100
£ 10.58 Mex$ 250
£ 21.17 Mex$ 500
£ 42.33 Mex$ 1,000
£ 84.67 Mex$ 2,000
£ 211.67 Mex$ 5,000
£ 423.33 Mex$ 10,000
£ 846.66 Mex$ 20,000
£ 2,117 Mex$ 50,000
£ 4,233 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 23.5 from OFX . This is -0.51% compared to the mid-market rate 23.62.

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 23.5, -0.51% from the latest mid-market rate 23.62.

The next best is XE at 23.48, -0.59% from the mid-rate.

Then Wise at 23.47, which is -0.64% from the mid-rate.

The Western Union rate is 23.39 which is -0.97% from the mid-rate.

Among the banks the Lloyds Bank rate is 22.44 at -5% the Royal Bank of Scotland rate is 22.58 at -4.4% and the Barclays Bank rate is 22.51 at -4.7% compared to the mid-rate 23.62.

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: