7 MXN to CAD | Mexican Pesos to Canadian Dollars

Learn how to get the best Mexican Peso exchange rate before exchanging your money

The Mexican Peso is the official Mexican Peso currency. MXN/CAD represents the value of Mexican Peso money in Canadian Dollar money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Mexican Peso to Canadian Dollar is today at 0.081.

As an example, suppose you are from Ottawa Canada and you travel to Mexico City Mexico. There, you need to get 1000 Mexican Pesos ( $) at a Mexico City bank to pay your hotel. In this case you would pay 0.081 * 1000 = 81.157 Canadian Dollars ($). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.

In the example above for a 1000 Mexican Pesos amount, the result of the money conversion is 82.780 CAD for a 2% margin or 83.592 CAD for a 3% margin.

Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 8.116 CAD depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.

Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.

By the way: there are some notations for this currency pair like MXN-CAD or MXNCAD among others. The currency symbol for Mexican Peso is ($) while the currency symbol for Canadian Dollar is ($). Note also that the Mexico country code is MEX or MX. The Canada country code is CAN or CA