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Living is Good at Lake Chapala


CAD to MXN

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INSIDE LAKESIDE :: Out on the Mirador - General discussion

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CAD to MXN Empty CAD to MXN

Post by CanuckBob Thu Feb 18, 2016 1:36 pm

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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CAD to MXN Empty Re: CAD to MXN

Post by Carry Bean Thu Feb 18, 2016 7:06 pm

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

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CAD to MXN Empty Re: CAD to MXN

Post by CanuckBob Thu Feb 18, 2016 9:38 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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CAD to MXN Empty Re: CAD to MXN

Post by David Fri Feb 19, 2016 11:05 pm

Mostly because Mexico raised interest rates.
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INSIDE LAKESIDE :: Out on the Mirador - General discussion

 
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