Understanding the Table:
The comparison table above helps you see the total cost of your Royal Bank of Canada 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’.
Mexican peso (MXN) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/MXN Outlook: Likely to decrease, as the exchange rate is significantly below its recent average and faces pressure from key developments.
MXN/USD Outlook: Bullish, as the rate is trading significantly above its recent average and near recent highs, supported by the Bank of Mexico's pause on rate cuts.
USD/CAD Outlook: Slightly weaker, but likely to move sideways as the rate is below its recent average and mid-range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Mexican peso are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MXN amounts at today’s rate * :
| MXN | CAD |
|---|---|
| Mex$ 1,000 | C$ 79.01 |
| Mex$ 5,000 | C$ 395.04 |
| Mex$ 20,000 | C$ 1,580 |
| Mex$ 100,000 | C$ 7,901 |
| MXN | CAD |
|---|---|
| Mex$ 12,660 | C$ 1,000 |
| Mex$ 63,300 | C$ 5,000 |
| Mex$ 253,200 | C$ 20,000 |
| Mex$ 1,266,000 | C$ 100,000 |
More amounts
*Converted at the current MXN-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MXN to CAD exchange rate is 0.0786 from OFX . This is -0.52% compared to the mid-market rate 0.079008.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Mexican peso (MXN) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Royal Bank of Canada - Peso to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada and other foreign exchange providers against the latest MXN-CAD mid-rate and the possible savings of using various providers.
Looking at the full MXN to CAD - Send Money comparison table the provider with the best MXN to CAD exchange rate is OFX at 0.0786, -0.52% from the latest mid-market rate 0.079008.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Canada 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:
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