Skip to main content

MXN to CAD - Mexican Peso to Canadian Dollar Converter

Convert Mexican Peso to Canadian Dollar with daily ECB exchange rates

1 MXN = ~0.0788 CAD (rates vary)

Rates verified daily from ECB official reference ratesSource: European Central Bank (16:00 CET daily)For informational purposes only. Not financial advice.

Quick Insight

MXN and CAD moves are tied to North American trade and commodity cycles.

Track Banxico and BoC signals; use rate alerts for large transfers.

✈️ Travel budgeting💼 Cross-border invoicing💸 Remittance planning

Common MXN - CAD Conversions

24h Change
+0.00%
7d Change
+0.00%
30d Change
+0.00%
1y Change
+0.00%

Loading...

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy decisions by Banxico and BoC, inflation differentials, commodity prices, and global risk sentiment all push the rate. Trade flows and tariff talks add pressure for cross-border activity.

Economic Context

Trading Relationship

The North American trade framework shapes pricing and currency exposure between Mexico and Canada, influencing how firms manage cross-border costs and receipts.

Key Rate Factors

  • Banco de México monetary policy and inflation factors
  • Bank of Canada policy and global commodity prices
  • Mexico-Canada bilateral trade balance implications
  • Political stability and trade policy signals
  • Global risk sentiment and commodity market moves

Central Banks

Banco de México
Mexico City, Mexico
Sets monetary policy to preserve price stability and support economic growth, influencing short-term interest rates and liquidity.
Bank of Canada
Ottawa, Canada
Formulates monetary policy to target inflation and financial system stability, guiding interest rate decisions and money supply.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates