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’.
CAD to MXN Market Data
Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
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.
CAD/MXN: Bearish-to-range-bound as it sits below the 90-day avg and near the lower end of the 3-month range. Banxico’s higher rate keeps MXN firmer vs CAD; oil near 90-day high supports CAD. Mexico tariffs on China/non-FTA goods could weigh on MXN.
Bias
Bearish-to-range-bound as CAD/MXN sits below its 90-day average and at the lower end of its three-month range.
Key drivers
- Rate gap: Banxico’s policy rate remains notably higher than the BoC’s, keeping MXN relatively firmer versus CAD.
- Oil and risk: Oil is near its 90-day high, which tends to support CAD because Canada exports oil, providing a cushion for the loonie in a risk-on environment.
- Trade policy: Mexico’s tariffs on imports from China and non-FTA countries could weigh on MXN if trade costs rise and demand softens.
Range
Likely to drift within the recent range, with a gentle tilt toward the lower end as downside biases persist and near-term data could test support.
What could change it
- Upside risk: Oil prices extend their rally, lifting CAD more than MXN and narrowing the gap.
- Downside risk: A fresh round of dollar strength or a sharper U.S. policy stance dents confidence in MXN and pushes the pair lower
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CAD 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 Canadian dollar are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to MXN?
The best CAD to MXN exchange rate is 12.76 from OFX . This is -0.31% compared to the mid-market rate 12.80.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully 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 other foreign exchange providers against the latest CAD-MXN mid-rate and the possible savings of using various providers.
How do CAD-MXN rates compare between providers?
Looking at the full
CAD to MXN - Send Money comparison table the provider with the best CAD to MXN exchange rate is OFX at 12.76, -0.31% from the latest mid-market rate 12.80.
The next best is XE at 12.72, -0.63% from the mid-rate.
Then Wise at 12.71, which is -0.7% from the mid-rate.
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.