Convert 1 Mexican Peso (MXN) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 20th July 2019 ( 20/07/2019 )
Below you will find the latest exchange rate for exchanging Mexican Peso (MXN) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Mexican Peso (MXN) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The national currency in Mexico is the peso. Pesos are available in denominations of 10, 12, 50, 100, 200 and 500 with each denomination slightly different to enable consumers to easily identify them. Tourists can exchange foreign currency for pesos at most banks and at the Bureaux de Change or visit an ATM to withdraw pesos from an out of country bank.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.