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Old 06-09-2015   #46 (permalink)
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Dropped my daughter off sat the airport today, and saw that they were selling pesos at 14.97. Seemed pretty good for the airport.
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Old 07-01-2015   #47 (permalink)
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Dollar to Peso exchange rate at the moment 15.74!

https://www.google.com.mx/search?q=d...Co_irAapgYGgAg

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Old 07-01-2015   #48 (permalink)
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Dollar to Peso exchange rate at the moment 15.74!

https://www.google.com.mx/search?q=d...Co_irAapgYGgAg

Up to 15.78 at 4:30 PM. Hold on to your hat.
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Old 07-01-2015   #49 (permalink)
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Dollar to Peso exchange rate at the moment 15.74!

https://www.google.com.mx/search?q=d...Co_irAapgYGgAg

16.00+ and beyond by October! 5 weeks in Playa would be even a better deal!
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Old 07-20-2015   #50 (permalink)
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Looks like it just toped 16

https://www.google.com.mx/search?q=d...Co_irAapgYGgAg
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Old 07-20-2015   #51 (permalink)
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Here's the XE Converter (exchange rate) link: over 16 today

XE: (USD/MXN) US Dollar to Mexican Peso Rate
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Old 07-20-2015   #52 (permalink)
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Official rate with large bank transactions.
Ban Norte was 15.05 today to buy pesos and 15.95 to buy USD
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Old 07-20-2015   #53 (permalink)
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Official rate with large bank transactions.
Ban Norte was 15.05 today to buy pesos and 15.95 to buy USD
Chedraui is paying better than that.
ATMs are paying considerably better than that.
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Old 07-20-2015   #54 (permalink)
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Chedraui is paying better than that.
ATMs are paying considerably better than that.
xe.com this afternoon

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1.00 USD = 16.0195 MXN
I got 15.8 from a Scotiabank ATM today, after adjusting for my automagically refunded ATM fee.
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Old 07-20-2015   #55 (permalink)
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Chedraui is paying better than that.
ATMs are paying considerably better than that.
Chedraui, Sams, et el all exchange at close to international trading rates but of course on purchases only with change in pesos (reasonable change) Dont expect to buy a can of coke with a 100 dollar bill just to get the high exchange rate on the change
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Old 08-04-2015   #56 (permalink)
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Pesos versus us dollars

Perhaps a stupid question but here goes anyway. As a Canadian coming from Canada, am I wiser to change my money here to pesos and bring them to mexico or bring us dollars. Thoughts?
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Old 08-04-2015   #57 (permalink)
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Perhaps a stupid question but here goes anyway. As a Canadian coming from Canada, am I wiser to change my money here to pesos and bring them to mexico or bring us dollars. Thoughts?
I would travel using my debit card at the ATM's s and perhaps bring some peso's for walking around money when you arrive. I think it's rather silly to pay an exchange rate to buy US $'s that will be converted to Peso's. Just a fellow Canadian's thoughts.
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Old 08-04-2015   #58 (permalink)
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Perhaps a stupid question but here goes anyway. As a Canadian coming from Canada, am I wiser to change my money here to pesos and bring them to mexico or bring us dollars. Thoughts?
no your cdn,,,just make with draws at the atm machine associated with your bank,,,trader rate is around 12.3,,,which is pretty normal for cdn to pesos,,its up a bit in the last 6 months,,,ours is always pretty consistent,,,,
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Old 08-05-2015   #59 (permalink)
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I've seen two articles recently (Newsweek and Business Insider) about what to do if you're using a credit or debit card and the waiter confusingly asks whether you want to pay your bill in dollars or in pesos. The answer is: Always pay in pesos.

Your meal is advertised in pesos in the menu - (if you get the English menu and the prices are in USD, ask for the Spanish menu). If you pay in pesos on your card, the bank converts your peso charges into dollars at the current bank rate and subtracts it from your balance. But if you pay in dollars, the restaurant (not the bank) makes the conversion at its own exchange rate, which can vary wildly according to the whim of the proprietor (and it's unlikely to be as good as the bank rate).

So, as an example, if the meal is 100 pesos, and the restaurant decides that its exchange rate is 10 pesos to the dollar (or whatever exchange rate it unilaterally decides on), your meal is billed at ten dollars. But if you pay in pesos, the meal only costs $6.25 USD at today's bank rate of 16 pesos to the dollar. That can be a considerable difference if you take the family out to dinner and the bill comes to a thousand pesos.

It's the same concept as paying your taxi driver in USD. The typical exchange rate for USD in a taxi is 10 pesos to the dollar, versus today's bank rate of 16 pesos to the dollar. And it's the same concept as if you try to pay for anything in dollars. The big supermarkets, for example, usually give a pretty good exchange rate for dollars - but most small businesses don't: the proprietor sets the rate at whatever he wants - which is why the advice here has consistently been to pay for everything in pesos, not dollars.

So, the next time the waiter confusingly asks you if you want to charge your card for your dinner tab in dollars or pesos, you just say PESOS, please. (And smile when you say it.)

Last edited by beam-eye; 08-05-2015 at 01:22 AM..
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Old 08-05-2015   #60 (permalink)
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16.00+ and beyond by October! 5 weeks in Playa would be even a better deal!
I'd buy now. It may move down a tiny bit more, but the current rate is based on all kinds of panicky nonsense that'll subside soon.
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