CAD to MXN Exchange Rate Today
Canadian Dollar to Mexican Peso conversion for Canadian travelers and USMCA trade. Track live CAD/MXN rates every 30 minutes for Mexico vacations, snowbird property investments, or business transactions—Canada's top winter destination with 1.6M+ annual visitors.
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Frequently Asked Questions
What is the Canadian Dollar to Mexican Peso exchange rate?
The CAD to MXN exchange rate typically ranges between 13-16 MXN per 1 CAD, depending on Bank of Canada policy, Banco de México decisions, oil prices (both Canada and Mexico are oil exporters), and USMCA trade dynamics. Mexico is Canada's third-largest trading partner after the US and China, with over $33 billion in bilateral trade annually. The CAD and MXN often move together due to commodity exposure, but CAD is generally stronger. Our converter shows live mid-market rates updated every 30 minutes.
Is Mexico expensive for Canadian tourists?
Mexico is very affordable for Canadians. With C$1 CAD buying 13-16 MXN, Canadians find excellent value, especially outside resort areas. Budget hotels $12-30/night, meals $3-10, archaeological sites $2-6 entry, local transport $1-4. Cancún, Los Cabos, and Riviera Maya approach Western pricing (popular Canadian winter destinations), but inland Mexico (Oaxaca, Guanajuato, San Miguel, Puebla) offers outstanding value. Over 1.6 million Canadians visit Mexico annually, making it the top winter escape destination for snow-weary Canadians.
How can Mexicans in Canada send money to Mexico?
The Mexican-Canadian community (96,000+) can use: Remitly (good Canada-Mexico rates), Wise (excellent CAD to MXN rates, 0.5-1.5%), XE Money Transfer, Western Union or MoneyGram (extensive Mexico agent network); Canadian banks (expensive, avoid); or USMCA-facilitated transfer services. For Mexican communities in Toronto, Montreal, Vancouver, Calgary sending to Mexico City, Guadalajara, or Monterrey, specialized services save significantly versus RBC, TD, or Scotiabank.
How does USMCA affect CAD to MXN exchange?
The USMCA (formerly NAFTA) creates deep Canada-Mexico trade integration ($33B+ bilateral trade), linking the currencies through: automotive supply chains (Mexico assembles, Canada supplies parts), agricultural trade (Mexican produce to Canada, Canadian wheat/pulses to Mexico), energy trade, and coordinated North American manufacturing. When US economic data affects USD, both CAD and MXN respond, though CAD is more stable. For Canadian businesses trading with Mexico, USMCA reduces friction but currency volatility remains a factor.
When is the best time to exchange Canadian dollars for Mexican pesos?
For regular monthly transfers or small amounts, timing matters less. For large transfers (Canadian retirees buying Mexican property, business investments, extended stays), watch: Bank of Canada vs Banco de México rate decisions, oil price trends (affects both currencies), USMCA trade data, and CAD/USD movements. Canadian snowbirds heading to Mexico for winter (November-April) should monitor rates in fall. Rate alert apps help Canadians catch favorable CAD/MXN peaks for property purchases.