#CADtoMXN currently at 13.94, down 1.6% from 3-month avg. Loonie under pressure w/ volatile oil prices 5.4% below avg. Analysts expect further weakness amid BoC rate cut signals, while MXN recovers despite US-Mexico trade tensions
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CAD to MXN Market Data
Canadian dollar (CAD) to Mexican peso (MXN) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell CAD →
Buy MXN
CAD to MXN at 13.94 is 1.6% below its 3-month average of 14.16, having traded in a quite stable 5.9% range from 13.84 to 14.66
|Tracker
| Date | CAD/MXN | Change | Period |
|---|---|---|---|
09 May 2025 | 13.95 | no change | 2 Week |
22 Feb 2025 | 14.35 | 2.8% ▼ | 3 Month |
23 May 2024 | 12.19 | 14.4% ▲ | 1 Year |
24 May 2020 | 16.21 | 13.9% ▼ | 5 Year |
26 May 2015 | 12.33 | 13.1% ▲ | 10 Year |
28 May 2005 | 8.6706 | 60.9% ▲ | 20 Year |
What are equivalent amounts of CAD and MXN?
Here are some popular conversion amounts for CAD to MXN (Canadian dollar to Mexican peso)*.
| CAD | MXN |
|---|---|
| C$ 1,000 | Mex$ 14,000 |
| C$ 5,000 | Mex$ 70,000 |
| C$ 20,000 | Mex$ 280,000 |
| C$ 100,000 | Mex$ 1,400,000 |
| CAD | MXN |
|---|---|
| C$ 71.41 | Mex$ 1,000 |
| C$ 357.03 | Mex$ 5,000 |
| C$ 1,428 | Mex$ 20,000 |
| C$ 7,141 | Mex$ 100,000 |
More amounts
*Converted at the current CADMXN interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for CAD to MXN
The CAD to MXN exchange rate is currently trading at 13.94, which is 1.6% below its three-month average of 14.16. The currency pair has maintained stability within a range of 5.9%, oscillating between 13.84 and 14.66. Analysts indicate that the Canadian dollar (CAD), often referred to as the “loonie,” has recently experienced downward pressure, particularly on days when oil prices, which are crucial to the CAD’s valuation, have fluctuated. Recently, oil prices were notably volatile, currently priced at $64.44 per barrel, which is 5.4% below the three-month average of $68.14, demonstrating fluctuations within a substantial 24.7% range.
Read our full review of recent CAD to MXN forecasts.
How to get a good CAD to MXN exchange rate
There are several ways to save on exchange rates when converting Canadian dollar to Mexican peso:
- Shop around for the best CAD/MXN exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the CAD/MXN rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and MXN at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
Generally speaking, if you are buying Mexican peso with Canadian dollar, then it's better for the CAD/MXN exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Mexico — a practical currency and money guide to travel in Mexico plus living and doing business with the Mexican peso.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
Will the Canadian dollar rise against the Mexican peso?
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 CAD/MXN to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
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
Currency Country Guides
| Canada (CAD) | Mexico (MXN) |
Is Mexico a good place for Americans to retire to?
Mexico can be a good place for Americans to retire to, as it offers a lower cost of living and a warm climate in many areas. However, it is important to keep in mind that Mexico has its own unique culture and way of life, which may take some getting used to.
Additionally, it is important to be aware of the potential risks and hazards that can come with living in a foreign country, such as crime and political instability. It is also important to research the area you plan to retire to and understand the local laws and customs. Consulting with a financial advisor and attorney before making any decisions is also advisable.
What is the cost of living in Mexico?
There is no definitive answer to this question as the cost of living in Mexico can vary greatly depending on the specific location and lifestyle of the individual. However, according to Numbeo.com, the average cost of living in Mexico City is approximately $1,200 per month, which is significantly lower than many other major cities around the world.
How is the expat life in Mexico?
The expat life in Mexico can be both enjoyable and challenging. Many expats find the relaxed lifestyle and friendly locals to be a refreshing change from their home countries. At the same time, living in a foreign country can be difficult, and there are a few things expats should be aware of before making the move.
Any laws in Mexico that foreigners should be aware of?
There are a few laws in Mexico that foreigners should be aware of. First, it is illegal to drink alcohol in public places. Secondly, it is also illegal to drive under the influence of alcohol. Lastly, it is important to note that there is a nationwide smoking ban in place, which prohibits smoking in all public places, including bars and restaurants.
What is doing business like in Mexico?
The business environment in Mexico is generally favorable for foreign investors. The country has a large pool of skilled labor, and production costs are relatively low. Additionally, the Mexican government offers a number of incentives to encourage investment in certain sectors. However, crime and corruption are significant problems in Mexico, and the business environment can be challenging for companies operating in the country.
How is the economy in Mexico?
The economy of Mexico is a developing market economy. It is the 15th largest economy in the world in nominal terms and the 11th largest by purchasing power parity, according to the International Monetary Fund. Mexico is a member of the Organization for Economic Co-operation and Development and the G20.
Read more at our Mexico (MXN) country guide
Related exchange rates
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
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