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CAD to MXN

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CAD to MXN Empty CAD to MXN

Post by CanuckBob Thu Feb 18, 2016 7:36 am

Everyone is swooning over the USD to MXN exchange rate however the CAD to MXN has almost hit the highest it has ever been.

13.69 to 1 the other day. The highest ever was around 13.89 to 1 back in 2012.
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Post by Carry Bean Thu Feb 18, 2016 1:06 pm

That's good. Is it to do with oil as well?

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Post by CanuckBob Thu Feb 18, 2016 3:38 pm

Well in 2012 oil was over $100 per barrel and today it is around $30 so I don't know. I do know the CAD strengthened lately because oil rose a bit however the peso should have risen as well.
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Post by David Fri Feb 19, 2016 5:05 pm

Mostly because Mexico raised interest rates.
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