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: range-bound, CAD/MXN is below its 90-day average and sits near the lower edge of the 3-month range, reflecting mixed signals from oil, policy and...
Bias: CAD/USD is bullish-to-range-bound, trading above its 90-day average and in the upper half of the 3-month range, with oil and data helping support this bias.
CAD/MXN sits near the lower edge of the 3-month range, range-bound on mixed oil, policy and risk signals. Oil strength supports CAD, but Banxico-BoC rate gaps and a cautious global stance weigh on the pair. Tariffs on imports from China could press MXN in the near term.
Bias
CAD/MXN is range-bound, below its 90-day average and near the lower edge of the 3-month range, reflecting mixed signals from oil, policy and trade, and a cautious global risk outlook.
Key drivers
- Rate gap: Banxico's higher policy rate versus BoC's more accommodative stance narrows CAD's yield appeal and supports MXN on risk-off episodes, influencing hedging activity and cross-border flows.
- Risk/commodities: Oil trades above its 3-month average with higher volatility; firm oil generally supports CAD given Canada’s role as a major oil exporter, while MXN remains sensitive to trade and growth, injecting volatility into hedges.
- Macro factor: Mexico's tariff regime on imports from China and other non-FTA countries could weigh on MXN in the near term, which could raise cost pressures for importers.
Range
The pair should drift within the recent three-month range, with no clear breakout, likely staying inside familiar bands.
What could change it
- Upside risk: oil stays bid for longer, sustaining CAD support.
- Downside risk: tariff moves escalate, weighing on MXN and pushing 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 -0.55% compared to the mid-market rate 12.83.
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, -0.55% from the latest mid-market rate 12.83.
The next best is XE at 12.75, -0.62% from the mid-rate.
Then Wise at 12.7, which is -1% 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.