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’.
MXN to CAD Market Data
Mexican peso (MXN) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the MXN to CAD 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 Mexican peso against the Canadian dollar is to review how the MXN/CAD rate has changed over time.
The table below shows the percentage change in the MXN to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The Mexican Peso (MXN) is trading at 0.070411 CAD, slightly up from its 3-month average. FX analysts warn of volatility due to potential US tariffs and protectionist measures. Meanwhile, a dip in oil prices is keeping the Canadian Dollar (CAD) muted, facing its own pressures. 08-Mar
To help you understand the real-world value of the current exchange rate, the table below shows how much Mexican peso are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MXN amounts at today’s rate * :
The standard OFX MXN-CAD rate is 0.070781308, -1.2% 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
Mexican peso (MXN) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Peso to Loonie 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 MXN-CAD mid-rate and the possible savings of using various providers.
How do MXN-CAD rates compare between providers?
Looking at the
full comparison table
the best MXN to CAD exchange rate is 0.0713 from OFX, -0.48% from the mid-market rate 0.071641. The next best rate is 0.0706 from WorldRemit, -1.5% 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
or platforms that offer rates closer to the mid-market rate.