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Understanding the Table:
The comparison table above helps you see the total cost of your Santander 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’.
British pound (GBP) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
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 |
|---|---|---|---|
29 May 2025 | 26.07 | 1.5% ▼ | 2 Week |
14 Mar 2025 | 25.79 | 0.4% ▼ | 3 Month |
12 Jun 2024 | 24.01 | 7% ▲ | 1 Year |
13 Jun 2020 | 27.92 | 8% ▼ | 5 Year |
15 Jun 2015 | 24.07 | 6.7% ▲ | 10 Year |
17 Jun 2005 | 19.70 | 30.4% ▲ | 20 Year |
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 * :
| GBP | MXN |
|---|---|
| £ 38.88 | Mex$ 1,000 |
| £ 194.41 | Mex$ 5,000 |
| £ 777.62 | Mex$ 20,000 |
| £ 3,888 | Mex$ 100,000 |
More amounts
*Converted at the current GBP-MXN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Santander GBP to MXN exchange rate is 24.42. This is -5.1% compared to the latest GBP-MXN mid-market rate 25.72.
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 Santander - Sterling to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest GBP-MXN mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best GBP to MXN exchange rate is 25.6 from Wise, -0.47% from the mid-market rate 25.72. The next best rate is 25.59 from OFX, -0.51% from the mid-rate. Then XE with 25.56 is -0.62% from the mid-rate.
The Western Union rate is 25.46 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 24.32 at -5.4% the Royal Bank of Scotland rate is 24.47 at -4.9% and the Barclays Bank rate is 24.82 at -3.5% compared to the mid-rate 25.72.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander 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.
Recent forecasts suggest a cautious outlook for the GBP to MXN exchange rate in light of ongoing geopolitical developments and economic indicators affecting both currencies.
The recent dynamics in the GBP to USD exchange rate have been influenced by a combination of economic indicators and political developments, contributing to a...
Analysts are closely monitoring the USD to MXN exchange rate, particularly as the US dollar has been experiencing downward pressure following underwhelming inflation data.
View a full list of exchange rates by selecting your Base (from) currency: