Tipo de Cambio Dolar Canadiense a Peso Mexicano – Current Rate 12.8186

The Canadian Dollar trades at approximately 12.8186 Mexican Pesos as of early 2026, holding stable against the prior session amidst a broader downward trend. This level represents a significant depreciation from the April 2025 peak of 14.7718, marking roughly a 13% decline over twelve months.

The currency pair exhibited substantial volatility throughout 2025, oscillating between a high of 14.7718 on April 11 and a low of 13.033 on November 26. The annual average settled at 13.7378, reflecting mounting pressure on the Canadian Dollar amid shifting commodity valuations and divergent monetary policy expectations between the Bank of Canada and Banco de México.

Cross-border transactions between Canada and Mexico continue to feel the impact of these fluctuations, particularly affecting remittances, trade invoicing, and tourism budgets. Understanding the current rate requires examining both immediate spot prices and the broader trajectory that has defined this market since early 2025.

What is the current Canadian Dollar to Mexican Peso exchange rate?

Spot rates indicate 1 CAD equals approximately 12.8186 MXN, with data showing no change from the previous trading day. Recent trading sessions in late March and early April 2026 demonstrated tighter ranges, with the pair fluctuating between 12.7995 and 13.0573 over a seven-day period.

Key characteristics defining the present exchange rate environment include:

• The 2025 annual high reached 14.7718 on April 11, while the low bottomed at 13.033 on November 26, according to historical aggregates from Pound Sterling Live.
• Early 2026 rates near 12.8186 suggest continued bearish pressure on the Canadian Dollar, with the pair trading significantly below the 2025 average of 13.7378.
• Weekly volatility remains pronounced, with spreads exceeding 0.25 points between session highs and lows.
• The inverse rate (MXN/CAD) hovered near 0.0704 during early January 2025, shifting with the primary pair’s decline.
• Projections indicate potential further depreciation toward 12.55 by May 2026 and 11.17 by year-end, based on algorithmic forecasting.
• Currency markets show heightened sensitivity to interest rate differentials and commodity price shifts, particularly crude oil benchmarks that traditionally correlate with CAD strength.

How to convert Canadian Dollars to Mexican Pesos?

Calculating conversions requires applying the spot rate to the principal amount, though retail transactions typically incorporate spreads between interbank and consumer pricing. Financial institutions apply margins above the mid-market rates referenced in institutional data.

Step-by-step calculation method

To determine the Mexican Peso equivalent of a specific Canadian Dollar amount, multiply the CAD sum by the current spot rate of approximately 12.8186. For example, 100 CAD would theoretically convert to 1,281.86 MXN at mid-market pricing, though actual proceeds depend on the executing institution’s spread.

For U.S. Dollar based conversions serving as intermediaries, see 157 USD to CAD for comparative rate analysis.

Official and authoritative sources

While commercial aggregators provide real-time estimates, the LongForecast platform offers algorithmic projections alongside spot data. Daily fixing rates and historical archives appear on specialised forex data portals, though direct central bank publications from Banxico and the Bank of Canada remain the definitive references for official monetary policy impacts.

What is the historical trend of the CAD/MXN exchange rate?

The trajectory from early 2025 through the first quarter of 2026 reveals a decisive bearish channel for the Canadian Dollar. January 2025 opened with rates near 14.38–14.47, establishing a high-base environment that progressively eroded through spring and autumn.

Key milestones in 2025

April 11 marked the annual zenith at 14.7718, followed by steady deterioration. By October 29, the pair had retreated to the 13.24 mid-range, with specific daily closes documented at 13.2213. MTFX Group data confirms March 2026 daily rates including 13.06144 on March 22 and 13.03916 on March 21, illustrating the gradual descent toward current sub-13 levels.

Recent volatility patterns

Short-term fluctuations persist despite the broader downtrend. Late March 2026 saw swings between 12.7995 and 13.0573 within a single week, demonstrating that intraday and weekly trading ranges remain substantial even within a directional bear market.

What factors influence fluctuations in the CAD/MXN exchange rate?

Exchange rate movements between commodity-linked and emerging market currencies respond to divergent economic signals. The Canadian Dollar maintains sensitivity to energy sector valuations, while the Mexican Peso reacts to domestic monetary policy and cross-border capital flows.

Economic drivers and commodity links

Crude oil prices historically correlate with CAD strength given Canada’s export dependency. Conversely, the Mexican Peso tracks Banco de México interest rate decisions and remittance inflows. Current research indicates these relationships persist, though specific quantitative impact assessments from official central bank sources remain unavailable in recent data aggregations.

Forecast projections and uncertainty

Algorithmic models suggest continued CAD depreciation throughout 2026, with targets of 12.55 by May and 11.17 by December. Longer-term projections indicate potential stabilization near 10.91 by mid-2027, though TD Economics notes that specific CAD/MXN forecast granularity remains limited in institutional research.

How has the CAD/MXN rate evolved chronologically?

1. January 3, 2025: Opening range 14.2782–14.3082, establishing the year’s high-base environment.
2. March 31, 2025: Mid-range trading at 14.2298, maintaining April-bound upward momentum.
3. April 11, 2025: Annual peak recorded at 14.7718, representing the maximum valuation point for the period.
4. May 29, 2025: Retraction to 14.0078 mid-range as initial depreciation pressures emerged.
5. August 5, 2025: Decline to 13.6624 mid-range, confirming the bearish trend.
6. October 29, 2025: Further deterioration to 13.2409, approaching the annual low.
7. November 26, 2025: Trough established at 13.033, marking the 2025 minimum.
8. January 2026: Inverse rates (MXN/CAD) registered near 0.078–0.080 range, per Exchange Rates UK historical archives.
9. March 22, 2026: Daily rate of 13.06144 recorded before accelerating declines.
10. Early April 2026: Stabilization near 12.8186, with session lows testing 12.7995.

What is established versus uncertain about CAD/MXN data?

What broader context defines this currency relationship?

The Canadian Dollar and Mexican Peso serve as North American proxies for commodity and emerging market exposures respectively. Trade flows under USMCA provisions create natural currency demand, while divergent monetary policies between the Bank of Canada and Banco de México generate interest rate differentials that drive carry trade flows.

For European currency comparisons to the Canadian Dollar, reference 180 Euro to CAD conversion benchmarks. The absence of direct central bank commentary in current data aggregators suggests market participants rely on commercial rate feeds rather than official policy statements for day-to-day valuation adjustments.

Remittance corridors between the two nations further complicate straightforward rate analysis, as transaction volumes spike during specific seasonal windows, potentially exacerbating the volatility already evident in the 2025-2026 trading history.

What sources underpin this exchange rate data?

Historical rate aggregations rely on commercial forex data providers rather than direct central bank feeds. Primary sources include institutional history databases documenting daily open, high, low, and close values for institutional trading.

Data aggregators confirm 2025 annual averages of 13.7378 with peak volatility on April 11 reaching 14.7718.

— Pound Sterling Live Historical Archives

Forecast models indicate terminal values of 11.17 by December 2026, with May targets near 12.55.

— LongForecast Algorithmic Projections

What should you know about the current exchange environment?

The Canadian Dollar commands approximately 12.82 Mexican Pesos in early 2026, down significantly from 2025 peaks near 14.77. This 13% annual decline reflects sustained bearish momentum, with forecasts suggesting potential further erosion toward 11.00-12.00 ranges by year-end. 157 USD to CAD conversions offer additional context for North American currency movements.