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 details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Mexico can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Mexico bank accounts or pay a Mexican peso invoice.
GBP to MXN Market Data
British pound (GBP) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP to MXN is at 7-day lows near 26.01, just below its 3-month average, having traded in a very stable 3.5% range from 25.70 to 26.61
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Tracker
1 MXN =
0.038484 GBP
Is the GBP to MXN Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Mexican peso is to review how the GBP/MXN rate has changed over time.
The table below shows the percentage change in the GBP to MXN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/MXN
Change
Period
22 May 2025
25.93
0.3% ▲
2 Week
07 Mar 2025
26.16
0.5% ▼
3 Month
05 Jun 2024
22.41
16.1% ▲
1 Year
06 Jun 2020
27.33
4.8% ▼
5 Year
08 Jun 2015
24.01
8.4% ▲
10 Year
10 Jun 2005
19.74
31.8% ▲
20 Year
GBP/MXN historic rates & change to 05-Jun-2025
#FX Alert: GBP/MXN hits 7-day lows at 26.01, below 3-month avg amid US-UK trade tensions. Analysts cite Trump's 10% tariff on UK imports weighing on pound while MXN shows resilience despite tariff threats. Markets watching trade talks & BOE policy for next moves
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to MXN?
The best GBP to MXN exchange rate is 25.87 from Wise. This is -0.46% compared to the mid-market rate 25.99.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Mexican peso (MXN) rates from different sources before making a conversion.
The above
Sterling 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 GBP-MXN mid-rate and the possible savings of using various providers.
How do GBP-MXN rates compare between providers?
Looking at the
full comparison table
the best GBP to MXN exchange rate is 25.87 from Wise, -0.46% from the mid-market rate 25.99. The next best rate is 25.86 from OFX, -0.5% from the mid-rate. Then XE with 25.83 is -0.62% from the mid-rate.
The Western Union rate is 25.73 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 24.55 at -5.5% the Royal Bank of Scotland rate is 24.71 at -4.9% and the Barclays Bank rate is 25.08 at -3.5% compared to the mid-rate 25.99.
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.
View a full list of exchange rates by selecting your Base (from) currency: