The comparison table above helps you see the total cost of your 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 details and click ‘Get Rates’.
CAD to MXN Market Data
Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to MXN Exchange Rate Likely to Improve?
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 Canadian dollar against the Mexican peso is to review how the CAD/MXN rate has changed over time.
The table below shows the percentage change in the CAD to MXN exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
CAD/MXN stable at 14.04, just 0.6% below 3mo avg despite BoC holding rates & inflation concerns. Analysts watching Canada trade data while MXN fluctuates on US tariff tensions. Peso rebounded as markets hopeful tariffs could be short-lived if trade negotiations succeed. #FX
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
The standard OFX CAD-MXN rate is 13.6702, -2.4% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Mexican peso (MXN) rates from different sources before making a conversion.
The above
Loonie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-MXN mid-rate and the possible savings of using various providers.
How do CAD-MXN rates compare between providers?
Looking at the
full comparison table
the best CAD to MXN exchange rate is 13.94 from OFX, -0.5% from the mid-market rate 14.01. The next best rate is 13.93 from Wise, -0.57% from the mid-rate. Then XE with 13.92 is -0.64% from the mid-rate.
The Western Union rate is 13.87 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 13.64 at -2.6% the Scotiabank rate is 13.62 at -2.8% and the Royal Bank of Canada rate is 13.62 at -2.8% compared to the mid-rate 14.01.
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
or platforms that offer rates closer to the mid-market rate.