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Understanding the Table:
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’.
Mexican peso (MXN) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/MXN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and pressured by concerns over economic growth.
Bias: Bullish, as the MXN is currently above the 90-day average and in the upper half of the 3-month range.
USD/GBP Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows.
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 * :
| MXN | GBP |
|---|---|
| Mex$ 1,000 | £ 42.44 |
| Mex$ 5,000 | £ 212.21 |
| Mex$ 20,000 | £ 848.84 |
| Mex$ 100,000 | £ 4,244 |
More amounts
*Converted at the current MXN-GBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX MXN to GBP exchange rate is 0.0422. This is -0.57% compared to the latest MXN-GBP mid-market rate 0.042442.
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.
Looking at the full MXN to GBP - Send Money comparison table the provider with the best MXN to GBP exchange rate is OFX at 0.0422, -0.57% from the latest mid-market rate 0.042442.
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:
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