The comparison table above helps you see the total cost of your OFX 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’.
Compare OFX Exchange Rates & Fees - Save Time & Money
Our OFX MXN 10000 to GBP rate is 0.0417. This is -0.47% below the mid-rate.
MXN to GBP Market Data
Mexican peso (MXN) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MXN →
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1 MXN = 0.041897 GBP
1d+0.1%▲
90dHighs◓
MXN to GBP is at 90-day highs near 0.041817, 1.4% above its 3-month average of 0.041242, having traded in a very stable 3.6% range from 0.040377 to 0.041817
Bias
bearish-to-range-bound, as GBP/MXN sits below its 90-day average and at the lower end of the three-month range.
Key drivers
- Rate gap: The BoE is on a mild easing path, while Banxico keeps policy tight, narrowing the typical yield advantage for GBP vs MXN and leaving GBP exposed to global risk swings.
- Macro factor: Mexico’s tariffs on Chinese imports could weigh on MXN by dampening trade activity and raising costs for some exporters.
- Risk/commodities: global risk appetite and oil-price volatility influence demand for risk currencies, leaving GBP/MXN sensitive to shifts in energy prices and broad financial conditions.
Range
GBP/MXN is likely to drift toward the lower end of the range and hover near the bottom of the band, with limited downside unless a new driver appears.
What could change it
- Upside risk: UK data surprises to the upside and the BoE signals a slower pace of rate cuts, supporting GBP and narrowing losses in GBP/MXN.
- Downside risk: Banxico delivers an unexpected rate tightening, strengthening MXN and pushing GBP/MXN lower.
Tweet
GBP/MXN sits near the bottom of its 3-month range and below the 90-day average, bias bearish-to-range-bound. BoE easing vs Banxico tightening narrows the yield gap and leaves GBP exposed to risk swings. MXN could weaken on tariffs and energy moves
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MXN to GBP 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 Mexican peso are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different MXN amounts at today’s rate * :
What is the
OFX Send Money conversion rate for MXN to GBP?
The OFX MXN to GBP exchange rate is 0.0417. This is -0.47% compared to the latest MXN-GBP mid-market rate 0.041897.
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 British pound (GBP) rates from different sources before making a conversion.
The above
OFX - Peso to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest MXN-GBP mid-rate and the possible savings of using various providers.
How do OFX MXN-GBP rates compare between providers?
Looking at the full
MXN to GBP - Send Money comparison table the provider with the best MXN to GBP exchange rate is OFX at 0.0417, -0.47% from the latest mid-market rate 0.041897.
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
like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: