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    Best CAD to MXN Exchange Rates Compared Live

    The best CAD to MXN exchange rate is 12.29. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing CAD-MXN exchange rates

    Exchange 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 vs the latest CAD-MXN mid-rate (see below) and the possible savings of using another provider.

     
    @bestfxrates : CAD continues to weaken against MXN, trading at 90-day lows near 12.02, a 4.0% drop from 3-month avg. Market view sees bearish CAD as BoC may turn dovish. MXN outperforms, buoyed by strong remittance flows & oil resilience, despite election jitters. Eyes on oil for CAD's next move. #CADMXN #ForexUpdate

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    CAD to MXN Market Data

    Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 CAD =
    12.29We compare provider deals to this wholesale mid-market rate. Read more
    MXN
    +1.8%
    2W
    CAD to MXN is at 14-day highs near 12.35, 1.1% below its 3-month average of 12.49, having traded in a relatively stable 7.1% range from 12.01 to 12.86
    |
    Sell CAD   →   Buy MXN
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    DateCAD/MXNChangePeriod
    02 Apr 2024
    12.21
    1.1% 2 Week
    17 Jan 2024
    12.74
    3.1% 3 Month
    17 Apr 2023
    13.47
    8.3% 1 Year
    18 Apr 2019
    14.05
    12.1% 5 Year
    19 Apr 2014
    11.84
    4.3% 10 Year
    21 Apr 2004
    8.3307
    48.2% 20 Year
    CAD/MXN historic rates & change to 16-Apr-2024
     

    What are equivalent amounts of CAD and MXN?

    Here are some popular conversion amounts for CAD to MXN (Canadian dollar to Mexican peso)*.

    CAD MXN
    C$ 1 Mex$ 12.29
    C$ 5 Mex$ 61.45
    C$ 10 Mex$ 122.90
    C$ 20 Mex$ 245.80
    C$ 50 Mex$ 614.50
    C$ 100 Mex$ 1,229
    C$ 250 Mex$ 3,073
    C$ 500 Mex$ 6,145
    C$ 1,000 Mex$ 12,290
    C$ 2,000 Mex$ 24,580
    C$ 5,000 Mex$ 61,450
    C$ 10,000 Mex$ 122,900
    C$ 20,000 Mex$ 245,800
    C$ 50,000 Mex$ 614,500
    C$ 100,000 Mex$ 1,229,000
    CAD MXN
    C$ 0.0813 Mex$ 1
    C$ 0.4067 Mex$ 5
    C$ 0.8134 Mex$ 10
    C$ 1.6269 Mex$ 20
    C$ 4.0672 Mex$ 50
    C$ 8.1343 Mex$ 100
    C$ 20.34 Mex$ 250
    C$ 40.67 Mex$ 500
    C$ 81.34 Mex$ 1,000
    C$ 162.69 Mex$ 2,000
    C$ 406.72 Mex$ 5,000
    C$ 813.43 Mex$ 10,000
    C$ 1,627 Mex$ 20,000
    C$ 4,067 Mex$ 50,000
    C$ 8,134 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.

     
     

    Forecasts for CAD to MXN

     

    The Canadian dollar (CAD) is facing pressure from several fronts, including speculation surrounding potential Bank of Canada (BoC) interest rate cuts and a stronger correlation with the US dollar. FX analysts, including Wells Fargo & Co., Monex Europe Ltd., Royal Bank of Canada, and Bank of America Corp., are forecasting further weakness for the CAD against the USD in the coming months. The central bank's dovish tone and the possibility of earlier and deeper rate cuts compared to the Federal Reserve are cited as key factors driving the bearish sentiment toward the Canadian currency. While the CAD's performance remains linked to oil prices, a potential boost in global growth could provide some support to the 'Loonie', though interest rate cuts by the BoC could undermine the CAD exchange rates in the near term.

    Read our full review of recent CAD to MXN forecasts.

     

    How to get a good CAD to MXN exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to Mexican peso:

    1. Shop around for the best CAD/MXN exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/MXN rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and MXN at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    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.

    Will the Canadian dollar rise against the Mexican peso?

    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.

     
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    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.

     
     
     

    Currency Country Guides

    CanadaCanada (CAD)MexicoMexico (MXN)
     

    Is Mexico a good place for Americans to retire to?

    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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