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’.
British pound (GBP) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/MXN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and lacks a clear direction.
GBP/USD Outlook: The outlook is likely to increase as the rate is above its recent average and supported by stronger UK economic data compared to challenges in the US.
USD/MXN Outlook: Likely to decrease, as the rate is below its recent average and pressured by economic uncertainties.
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 |
|---|---|
| £ 42.06 | Mex$ 1,000 |
| £ 210.28 | Mex$ 5,000 |
| £ 841.10 | Mex$ 20,000 |
| £ 4,206 | 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.
The best GBP to MXN exchange rate is 23.66 from OFX . This is -0.5% compared to the mid-market rate 23.78.
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.
Looking at the full GBP to MXN - Send Money comparison table the provider with the best GBP to MXN exchange rate is OFX at 23.66, -0.5% from the latest mid-market rate 23.78.
The next best is XE at 23.64, -0.59% from the mid-rate.
Then Wise at 23.62, which is -0.67% from the mid-rate.
The Western Union rate is 23.54 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 22.59 at -5% the Royal Bank of Scotland rate is 22.73 at -4.4% and the Barclays Bank rate is 22.66 at -4.7% compared to the mid-rate 23.78.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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