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GBP to MXN Exchange Rates & Currency Deals

GBP-MXN Rate Calculator

 
 
   

Understanding the Table:

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 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.

 
Sell GBP   →   Buy MXN
1 GBP = 24.27 MXN
1d+0.6%▲
14dHighs◓
GBP to MXN is at 14-day highs near 24.28, just below its 3-month average, having traded in a very stable 3.7% range from 23.96 to 24.84
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Tracker
  1 MXN = 0.041201 GBP

Is the GBP 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 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:

DateGBP/MXNChangePeriod
16 Dec 2025
24.12
0.6% ▲2 Week
01 Oct 2025
24.78
2.1% ▼3 Month
30 Dec 2024
25.91
6.3% ▼1 Year
31 Dec 2020
27.21
10.8% ▼5 Year
02 Jan 2016
25.41
4.5% ▼10 Year
04 Jan 2006
18.60
30.5% ▲20 Year
GBP/MXN historic rates & change to 30-Dec-2025

Currency Forecasts related to GBP/MXN

GBP to MXN 2025 Forecasts

The GBP to MXN exchange rate is currently positioned at 24.18, just 0.8% below its three-month average of 24.37, indicating stability within a tight range of 23.96 to 24.84.

Read forecast

GBP to USD 2025 Forecasts

The recent movements in the GBP to USD exchange rate reflect a complex interplay of economic factors from both the UK and the US.

Read forecast

USD to MXN 2025 Forecasts

The USD to MXN exchange rate has been experiencing significant fluctuations influenced by both U.S.

Read forecast

Current market bias: GBP to MXN is range-bound. Key drivers include the interest rate differential as the Bank of England adopts a slower easing pace while Mexico’s rates remain stable. UK inflation is expected to gradually decline, impacting Pound strength, while the Peso benefits from anticipated Federal Reserve easing. In the near term, GBP to MXN is projected to trade within a stable range around current levels. The pair recently saw highs near 24.28, slightly below the 3-month average and within a 3.7% trading range. Upside risk includes stronger-than-expected UK retail sales, which could boost the Pound’s value. Downside risk may stem from fiscal concerns in the UK, potentially putting downward pressure on the Pound. For more details, refer to recent currency market updates

 

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 * :

GBP MXN
£ 1 Mex$ 24.27
£ 5 Mex$ 121.35
£ 10 Mex$ 242.70
£ 20 Mex$ 485.40
£ 50 Mex$ 1,214
£ 100 Mex$ 2,427
£ 250 Mex$ 6,068
£ 500 Mex$ 12,135
£ 1,000 Mex$ 24,270
£ 2,000 Mex$ 48,540
£ 5,000 Mex$ 121,350
£ 10,000 Mex$ 242,700
£ 20,000 Mex$ 485,400
£ 50,000 Mex$ 1,213,500
£ 100,000 Mex$ 2,427,000
GBP MXN
£ 0.0412 Mex$ 1
£ 0.2060 Mex$ 5
£ 0.4120 Mex$ 10
£ 0.8240 Mex$ 20
£ 2.0601 Mex$ 50
£ 4.1201 Mex$ 100
£ 10.30 Mex$ 250
£ 20.60 Mex$ 500
£ 41.20 Mex$ 1,000
£ 82.40 Mex$ 2,000
£ 206.01 Mex$ 5,000
£ 412.01 Mex$ 10,000
£ 824.02 Mex$ 20,000
£ 2,060 Mex$ 50,000
£ 4,120 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.

 
 

What is the best Send Money conversion rate for GBP to MXN?

The best GBP to MXN exchange rate is 24.15 from OFX . This is -0.49% compared to the mid-market rate 24.27.

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 Sterling 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 GBP-MXN mid-rate and the possible savings of using various providers. 

How do 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 24.15, -0.49% from the latest mid-market rate 24.27.

The next best is XE at 24.13, -0.58% from the mid-rate.

Then Wise at 24.11, which is -0.66% from the mid-rate.

The Western Union rate is 24.03 which is -0.99% from the mid-rate.

Among the banks the Lloyds Bank rate is 23.16 at -4.6% the Royal Bank of Scotland rate is 23.3 at -4% and the Barclays Bank rate is 23.13 at -4.7% compared to the mid-rate 24.27.

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.

 

Compare GBP to MXN Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: