Thread: Exchange Rate
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Old 11-17-2016   #232 (permalink)
Ranger
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Join Date: Feb 2007
Location: 40 miles south east of Boston
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Quote:
Originally Posted by Rissask View Post
actually, Rob, no, especially as a foreign tourist you ARE buying money using an ATM in Mexico, Ron is right....you are buying a foreign currency with your Canadian funds in that account, based on that day's rate. It's only the source/method that differs from buying it at home or exchanging at a cambio.
Agree Ris even the banks pay fees to each other.

I just purchased some pesos from AAA, you get the rate the day you buy and pay then.

They purchase thru Wells Fargo, I got $18.512 per dollar, it's nice to have pesos when arriving.
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