The best CAD to MXN exchange rate is 14.13. Compare foreign transfer and currency exchange rates, find better rates & deals.
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CAD-MXN 
exchange ratesExchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Mexican peso (MXN) rates from different sources before making a conversion.
The above loonie to peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest CAD-MXN mid-rate (see Market Data below ) and the possible savings of using a different provider.
Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/MXN | Change | Period |
|---|---|---|---|
30 Aug 2024 | 14.62 | 3.4% ▼ | 2 Week |
15 Jun 2024 | 13.43 | 5.2% ▲ | 3 Month |
14 Sep 2023 | 12.66 | 11.6% ▲ | 1 Year |
15 Sep 2019 | 14.69 | 3.8% ▼ | 5 Year |
16 Sep 2014 | 11.99 | 17.8% ▲ | 10 Year |
18 Sep 2004 | 8.8401 | 59.8% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to MXN (Canadian dollar to Mexican peso)*.
| CAD | MXN |
|---|---|
| C$ 1,000 | Mex$ 14,130 |
| C$ 5,000 | Mex$ 70,650 |
| C$ 20,000 | Mex$ 282,600 |
| C$ 100,000 | Mex$ 1,413,000 |
| CAD | MXN |
|---|---|
| C$ 70.76 | Mex$ 1,000 |
| C$ 353.80 | Mex$ 5,000 |
| C$ 1,415 | Mex$ 20,000 |
| C$ 7,076 | Mex$ 100,000 |
More amounts
*Converted at the current CADMXN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent analysis highlights the complex relationship between the Canadian dollar (CAD) and the Mexican peso (MXN), particularly as both currencies navigate external influences such as oil prices and economic conditions in the U.S. Despite an uptick in global oil prices, the CAD has struggled, recently dropping to a 14-day low of 14.13 against the MXN. FX analysts note that the movement of the CAD is significantly tied to oil dynamics, given Canada's status as a major oil exporter to the U.S., which consumes around 20 million barrels daily while producing only about 12 million barrels. The current oil prices, hovering around $72.96 per barrel, are notably 9.6% below their three-month average, indicating the volatility in this sector may continue to impact the CAD.
Read our full review of recent CAD to MXN forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Mexican peso:
Generally speaking, if you are buying Mexican peso with Canadian dollar, then it's better for the CAD/MXN exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 CAD/MXN to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Read our Currency guide to Mexico - a practical currency and money guide to travel, living and doing business in Mexico with the Mexican peso.
| Canada (CAD) | Mexico (MXN) |
Mexico can be a good place for Americans to retire to, as it offers a lower cost of living and a warm climate in many areas. However, it is important to keep in mind that Mexico has its own unique culture and way of life, which may take some getting used to.
Additionally, it is important to be aware of the potential risks and hazards that can come with living in a foreign country, such as crime and political instability. It is also important to research the area you plan to retire to and understand the local laws and customs. Consulting with a financial advisor and attorney before making any decisions is also advisable.
Read more at our Mexico (MXN) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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