EUR to MXN Transfers Compared

   

The EUR/MXN pair is currently at 21.43, 1.4% lower than its 3-month avg. Analysts point to recent Eurozone data—unemployment ticked up to 6.3%—and U.S. trade tensions affecting the peso as drivers behind this dip. Keep an eye on ECB signals and trade updates for volatility

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What is the best Send Money conversion rate for EUR to MXN?

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Mexican peso (MXN) rates from different sources before making a conversion.

The above Euro 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 EUR-MXN mid-rate and the possible savings of using various providers. 

How do EUR-MXN rates compare between providers?

The next best is XE at 21.16, -0.61% from the mid-rate.

Then Wise at 21.14, which is -0.7% from the mid-rate.

The Western Union rate is 20.97 which is -1.5% 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.