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MXN to CAD Forecast & Exchange Rate Outlook

Latest MXN to CAD forecast including bank predictions, key macro drivers and recent Mexican peso to Canadian dollar exchange-rate trends. We compile forecasts from leading FX analysts and compare them with current market performance.

 

MXN to CAD Outlook

In the near term, MXN/CAD is trading close to recent lows, held near the 60-day low and below the 3-month average. The dominant driver from the rate differential remains pressure from the divergence in policy outlooks and yields. Current market conditions suggest the pair may remain supported by cautious risk sentiment and safe-haven flows, which currently favour the Canadian Dollar.

Transfer implications

  • Expats: sending money abroad from MXN to CAD may find conversions less favourable than recent levels.
  • Travellers: exchanging currency or loading cards in CAD could face some difficulty getting better rates.
  • Businesses: paying overseas CAD invoices with MXN might encounter less attractive exchange conditions.

Key drivers

  • Rate gap: The divergence in monetary policy between Mexico and Canada keeps the pair under downward pressure.
  • Risk/commodities: Risk-off sentiment and safe-haven flows support the CAD amid geopolitical tensions.
  • Global factors: US dollar strength and global risk aversion influence the pair, adding to downward bias.

What could change it

  • Upside risk: A turnaround in global risk sentiment or a shift towards risk-on flows could support the Pair.
  • Downside risk: Widening US dollar strength or increased risk aversion could deepen the pair's decline.

MXN-CAD Rate Calculator

 
   
   
   
   
 
   
 
 

MXN to CAD Market Data

Mexican peso (MXN) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MXN   →   Buy CAD
1 MXN =
0.076287We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−1.1%▼
60dLows◒
MXN to CAD is at 60-day lows near 0.076282, 2.0% below its 3-month average of 0.077852, having traded in a quite stable 5.4% range from 0.075886 to 0.079955
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  1 CAD = 13.11 MXN

Compare & Save - Mexican peso to Canadian dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Mexican peso (MXN) to Canadian dollar (CAD) rates from different sources before making a conversion.

Use our MXN to CAD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Peso to Loonie currency rates and the possible savings of using various providers.

 
 

Will the Mexican peso rise against the Canadian dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Mexican peso vs Canadian dollar current value is to look the MXN/CAD historic rate and change over a range of periods.

The following table looks at the change in the MXN to CAD exchange rate over periods from the previous week back to the last 10 years.

DateMXN/CADPeriod
21 Feb 2026
0.0799
2 Week
07 Dec 2025
0.0761
3 Month
07 Mar 2025
0.0709
1 Year
08 Mar 2021
0.0589
5 Year
09 Mar 2016
0.0747
10 Year
12 Mar 2006
0.1086
20 Year
MXN/CAD historic rates

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MXN/CAD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more