How structured currency management works
If you are moving capital into Mexico — whether for a construction project, a property purchase, or a business — you are converting one currency into another. That conversion has a rate, and that rate moves every day. Cambium gives you a way to lock it.
What is a forward contract?
A forward contract locks your exchange rate today for a conversion that will happen on a future date. You agree the rate now, and when the date arrives, you convert at that rate — regardless of what the market has done in the meantime. This means you know exactly what your costs will be in pesos, months before you need to pay them. For a developer with a 12-month build schedule, this turns unpredictable currency exposure into a known, planned number. For a property buyer with closing costs due in 60 days, it removes the anxiety of watching the rate move.
Window forwards: flexibility built in
Construction milestones slip. Closing dates move. A fixed-date forward assumes you know the exact date you will need pesos — and in practice, you rarely do. A window forward gives you a range of dates within which you can settle, typically two to four weeks. The rate is still locked; the timing is flexible. This is what makes the product usable for real projects with real-world uncertainty.
Spot vs forward: what changes
Without hedging (spot conversion)
You convert at whatever rate the market offers on the day you need pesos. If the rate has moved against you since you budgeted, your costs are higher than planned. If it has moved in your favour, you got lucky — but you had no way of knowing in advance. Every conversion is a roll of the dice.
With Cambium (forward contract)
You lock the rate at the start. Every milestone payment, every closing cost, every vendor invoice — converted at the rate you agreed. Your budget is your budget. No surprises, no contingency buffers, no watching the market with crossed fingers.
The Cambium process
Initial consultation
We start with a conversation about your project — the timeline, the payment schedule, the currencies involved, and the total exposure. No commitment, no cost. We need to understand the picture before we can structure anything.
Rate locking
Based on your schedule, we structure forward contracts to cover each payment milestone at a rate locked today. You see the rate, you agree to it, and it is fixed from that moment. For window forwards, we agree the settlement window.
Ongoing management
Cambium manages your contracts throughout the life of the project. We monitor your exposure, track upcoming settlements, and keep you informed. If your timeline changes, we work with you to adjust.
Settlement
At each milestone, you send your USD directly to our regulated partner, Monex. They convert at the locked rate and deliver pesos to the designated account. Your funds never pass through Cambium — they flow directly through Monex's institutional infrastructure.
See the numbers
Developer — $500,000 construction draw over 12 months
Transaction: $500,000 over 12 months
Without hedging — your exposure
Rate at maturity: 16.8500
8,425,000 MXN
With Cambium — locked rate
Locked forward rate: 17.6600
8,830,000 MXN
Potential cost of not hedging
405,000 MXN (~$24,000)
Illustrative example only. Rates shown are hypothetical and do not represent current market conditions. Past exchange rate movements are not indicative of future performance.
There are no fees. Cambium's service is built into the exchange rate — you see the rate, you agree to it, and that is what you pay. No hidden charges, no transaction fees.
Every project is different. The rate, the tenor, and the structure depend on your specific timeline and payment schedule. The next step is a 15-minute conversation to understand your situation — no commitment, no cost. If there's a fit, we show you exactly what it would look like.
Ready to structure your exposure?
We take on a limited number of new clients each quarter to ensure dedicated attention.