The comparison table above helps you see the total cost of your XE 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’.
GBP to MXN Market Data
British pound (GBP) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/MXN Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows without a clear driver to push...
GBP/MXN Outlook: Forecast remains slightly weaker, moving sideways due to lower average rates and growth concerns. Key drivers: rate gap favors MXN, UK export pressures from US tariffs, and declining GDP growth. Range: expected stability with limited volatility ahead
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GBP to MXN 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 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
XE Send Money conversion rate for GBP to MXN?
The XE GBP to MXN exchange rate is 23.35. This is -0.6% compared to the latest GBP-MXN mid-market rate 23.49.
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
XE - Sterling to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
XE and other foreign exchange providers against the latest GBP-MXN mid-rate and the possible savings of using various providers.
How do XE GBP-MXN rates compare between providers?
Looking at the full
GBP to MXN - Send Money comparison table the provider with the best GBP to MXN exchange rate is OFX at 23.37, -0.51% from the latest mid-market rate 23.49.
The next best is XE at 23.35, -0.6% from the mid-rate.
Then Wise at 23.33, which is -0.68% from the mid-rate.
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 XE or platforms that offer rates closer to the mid-market rate.