Exchange Rates & Fees, Bartering Question.

Cyburai · 01-01-2005

I work for a Bank, so I can order Pesos at wholesale (what the bank pays for them), but when I looked at XE.com it had a slightly better rate.

What's the current rate down in Playa, and please mention any fees that someone might incur.

Also, my experiance shopping in Mexico was in Cancun, where bartering was almost required. How to Playa merchants react to someone bartering. I don't want to offend anyone. But hey, I am a guy, always looking for a good deal.

Finally, Is it a good idea to get pesos at all?

Thanks in Advance. 5 More Days!!! Waahoo..

**TeeZet** · 01-01-2005

Quote:

Originally Posted by Cyburai

I work for a Bank, so I can order Pesos at wholesale (what the bank pays for them), but when I looked at XE.com it had a slightly better rate.

What's the current rate down in Playa, and please mention any fees that someone might incur.

Also, my experiance shopping in Mexico was in Cancun, where bartering was almost required. How to Playa merchants react to someone bartering. I don't want to offend anyone. But hey, I am a guy, always looking for a good deal.

Finally, Is it a good idea to get pesos at all?

Thanks in Advance. 5 More Days!!! Waahoo..

Hi Cyburai: perhaps you'd like to check the following thread: http://www.playa.info/playa-forum/sh...0&page=2&pp=15
Your question has already been subject of 'discussion'

Cyburai · 01-02-2005

Thanks, I did.

But I would like to hear from anyone down there what rates they have seen, the thread was 4 weeks old.

And I was curious about bartering with merchants, what peoples experiance was.

Thanks again.

Jacko · 01-02-2005

My experience is that bartering is the norm anywhere off 5th street...on 5th street its a little harder....The more the store looks like one of our stores, the less likely you will be able to barter.....One more sleep and I'm there!

Rissask · 01-03-2005

Bartering is very accepted, as long as it is done with a smile- except in proper stores (a door and four walls, where the goods all have price tags).

Start at half of the asking price and go from there.

ranchhand1024 · 01-05-2005

Rate Jan.3 was 10.80/ USD at the street cambios. 10.90on the2nd, and I did see one 11.00. As you may know, you can get a slightly better rate at a bank, but it´s usually not worth the wait in line.

01-01-2005	#1 (permalink)
Cyburai lost on fifth Join Date: Dec 2004 Location: Lawrence, Kansas Posts: 18	Exchange Rates & Fees, Bartering Question. I work for a Bank, so I can order Pesos at wholesale (what the bank pays for them), but when I looked at XE.com it had a slightly better rate. What's the current rate down in Playa, and please mention any fees that someone might incur. Also, my experiance shopping in Mexico was in Cancun, where bartering was almost required. How to Playa merchants react to someone bartering. I don't want to offend anyone. But hey, I am a guy, always looking for a good deal. Finally, Is it a good idea to get pesos at all? Thanks in Advance. 5 More Days!!! Waahoo..

01-02-2005	#3 (permalink)
Cyburai lost on fifth Join Date: Dec 2004 Location: Lawrence, Kansas Posts: 18	Thanks, I did. But I would like to hear from anyone down there what rates they have seen, the thread was 4 weeks old. And I was curious about bartering with merchants, what peoples experiance was. Thanks again.

01-02-2005	#4 (permalink)
Jacko añejo Join Date: Dec 2004 Posts: 18,357	My experience is that bartering is the norm anywhere off 5th street...on 5th street its a little harder....The more the store looks like one of our stores, the less likely you will be able to barter.....One more sleep and I'm there!

01-03-2005	#5 (permalink)
Rissask Brit basher Join Date: Aug 2004 Location: Saskatoon, Saskatchewan, Canada Posts: 19,724	Bartering is very accepted, as long as it is done with a smile- except in proper stores (a door and four walls, where the goods all have price tags). Start at half of the asking price and go from there.

01-05-2005	#6 (permalink)
ranchhand1024 beachaholic Join Date: Dec 2002 Posts: 345	Rate Jan.3 was 10.80/ USD at the street cambios. 10.90on the2nd, and I did see one 11.00. As you may know, you can get a slightly better rate at a bank, but it´s usually not worth the wait in line.

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