Canadian Dollar to Mexican Peso (CAD/MXN) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
CAD to MXN Conversion Table
Common amounts converted from Canadian Dollar to Mexican Peso at today's rate.
| Canadian Dollar (CAD) | Mexican Peso (MXN) |
|---|---|
| 1 CAD | — |
| 5 CAD | — |
| 10 CAD | — |
| 25 CAD | — |
| 50 CAD | — |
| 100 CAD | — |
| 250 CAD | — |
| 500 CAD | — |
| 1,000 CAD | — |
| 5,000 CAD | — |
| 10,000 CAD | — |
| 50,000 CAD | — |
How much Mexican Peso will you actually receive?
Estimated cost to convert CAD 1,000 to MXN with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | MXN received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare CAD to MXN providers
The CAD/MXN corridor handles significant transfer volume. If you send money regularly between Canadian Dollar and Mexican Peso, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
CAD/MXN rate statistics
Is today's CAD/MXN rate good or bad?
We compare today's live Canadian Dollar to Mexican Peso mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, CAD holders get more Mexican Peso per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Mexican peso benefits from competitive interest rates and deep US-Mexico trade links. Banxico's monetary policy and US economic data are the primary short-term drivers.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the CAD/MXN exchange rate?
The CAD/MXN rate tracks how many Mexican Peso one Canadian Dollar buys. The Canadian dollar - nicknamed the 'Loonie' - is closely tied to oil prices, since Canada is one of the world's largest energy exporters. Bank of Canada policy and US economic trends also influence CAD.
CAD is issued by the Bank of Canada (BOC) (ranked 8th globally - meaning it's the 8th most bought and sold currency in the world). MXN is issued by the Banco de México (Banxico) (ranked 12th). Full CAD profile | Full MXN profile
Canadian Dollar to Mexican Peso is widely checked by US-Mexico cross-border workers and travellers visiting Mexico.
Is today's CAD/MXN rate good or bad?
The Canadian Dollar to Mexican Peso mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The CAD/MXN corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Canadian Dollar to Mexican Peso? Read this first
Sending money to Mexico? The US-Mexico remittance corridor handles $60+ billion annually. Many services compete for this market, so rates are often competitive. Compare the delivered amount, not just the rate.
Watch out: Banks typically charge 3-5% on CAD to MXN transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- Canada's two-dollar coin is called the 'Toonie' - a portmanteau of 'two' and 'Loonie' (the one-dollar coin). It was introduced in 1996.
- Mexico's 20-peso polymer note won the International Bank Note Society's 'Bank Note of the Year' award in 2022 for its design featuring a mangrove ecosystem.
Frequently asked questions
Is now a good time to convert CAD to MXN?
Timing any currency conversion requires comparing current conditions to your personal needs and timeframe rather than trying to catch a perfect moment. Check the rate panel above to see where CAD/MXN trades today, then consider factors like your planned travel dates, remittance deadlines, or business payment schedules.
Historical volatility in this pair - driven by oil prices, interest rate differentials, and Mexico's economic cycles - means rates fluctuate regularly, so alignment with your actual need to exchange funds matters more than predicting future movement.
What moves the CAD/MXN exchange rate?
The CAD/MXN rate responds to several distinct drivers: crude oil prices significantly impact the Canadian dollar since Canada is a major oil exporter, while the Bank of Canada's interest rate decisions influence capital flows into Canadian assets. On the Mexican side, Banxico's monetary policy, Mexico's inflation trends, and the health of its manufacturing sector - particularly automotive and electronics - shape the peso's strength.
Broader factors like US economic data, trade flows between Canada and Mexico under USMCA, and risk appetite in emerging markets also move this cross-border pair.
Will Canadian Dollar get stronger or weaker against Mexican Peso?
Exchange rate forecasting is inherently uncertain, and no one can reliably predict whether CAD or MXN will strengthen or weaken. What we can observe are factors to watch: the Bank of Canada's monetary stance relative to Banxico's, commodity price trends affecting Canadian exports, and Mexico's inflation data and economic growth.
The comparison table on this page shows how the rate has moved historically, which can help you understand the pair's behavior, but future movements depend on unforeseeable developments in trade, policy, and global markets.
How can I avoid fees when converting CAD to MXN?
Fee structures vary significantly between banks, money transfer services, and online currency platforms - some charge flat fees, others use percentage-based charges, and many embed markups into their exchange rates. Compare the all-in cost across multiple providers rather than focusing only on the headline exchange rate, since a better rate with hidden fees can cost more overall.
Online platforms and peer-to-peer transfer services often charge lower fees than traditional banks, though you should verify regulatory protections and security before choosing any provider for your CAD to MXN conversion.
Should I exchange Mexican Peso at home or abroad?
Exchanging pesos before arrival in Mexico typically means accessing Canadian banks or currency exchange services, which usually charge wider markups and higher fees than exchanging on the ground. Major airports, banks, and exchange houses in Mexico generally offer more competitive rates than Canada-based providers, though airport rates tend to be less favorable than rates found at downtown exchange locations.
If you exchange CAD to MXN before traveling, do so at a competitive provider rather than at the airport - but if possible, many travelers find better value exchanging cash in Mexico itself or using ATMs to withdraw pesos directly.
How far does Canadian Dollar go in Mexico?
The purchasing power of Canadian dollars in Mexico depends on current exchange rates - check the rate panel above to see how many pesos you receive per dollar, then compare typical Mexican prices to Canadian prices in categories you plan to spend on. Major tourist areas and resort destinations generally have higher prices than smaller cities and rural regions, so your dollar's reach varies significantly by location and type of activity.
Mid-range meals, local transportation, and accommodation outside tourist zones tend to offer better value than comparable services in Canada, though luxury goods and imported items are typically more expensive in Mexico.
What is the cheapest way to send CAD to MXN?
Cost-effectiveness for remittances depends on the amount, speed, and destination within Mexico - large transfers often see lower percentage fees while small transfers may favor flat-fee options. Online money transfer services, fintech platforms, and some bank-to-bank arrangements typically offer lower all-in costs than traditional bank wire transfers, which tend to have higher fees and less favorable rates.
Compare total costs (including exchange rate margins, transfer fees, and any receiving fees) across platforms rather than picking a provider based on rate alone, and verify that your chosen service reaches the recipient's location in Mexico, since rural areas may have limited access to some services.
Learn more
- Bank of Canada - Exchange Rates - Official daily rates
- Banxico - Exchange Rates - Banco de Mexico daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.