What is the currency exchange rate from US dollars to pecos? and should I go to a currency exchange location here or down there? or should I just take US money and not get pecos?
2007-02-05 04:24:26 · 10 answers · asked by Dylan L 2 in Travel ➔ Mexico ➔ Cancun
take traveler's checks. usually the hotel will cash your traveler's checks for pesos. and if your traveler's checks ever get stolen they will replace them.
2007-02-05 04:32:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I was in Cancun last summer, and my best advice would be to take alot of American Dollars. We are Canadian, and relied on currency exchanges in Mexico which were VERY expensive. We lost alot of our money that way. Also, everywhere you go, US dollars were the number one currency, you get better deals when bartering with merchants, everyone loves getting tipped in US and it's just worth more to them.
Cancun is very tourist orientated, there is lots of malls just like here, so you can always take out cash at a debit machine, its usually not that expensive either, try not to do it alot, but I think my bank charged me only a few dollars canadian to take out a few hundred dollars.
Good luck!
2007-02-05 08:47:44 · answer #2 · answered by sunshinejewelz 2 · 0⤊ 0⤋
They take the mighty dollar in Mexico. The exchange rate is about 10 pesos equals $1.10
Be very careful about using a debit / checkcard / credit card. I'd recommend getting a disposable visa or mastercard just for the trip. Ask at your bank about them. That way, if it is stolen or lost you can report it and no one has acess to your bank info. And reporting stolen cash isn't ever an option, so take a little cash and put the rest of your money on a reloadable / disposable card. Good luck and have fun on your trip.
2007-02-05 04:30:47 · answer #3 · answered by anniewalker 4 · 0⤊ 0⤋
Just got back last week. If your staying @ an all-inclusive, they should have currency exchange @ the front desk. If you go to Playa del Carmen, the further down 5th street you walk, the prices will be lower, barter for stuff, it'll work! Have a great time! The weather was in the high 80's!
2007-02-05 04:48:33 · answer #4 · answered by kim s 1 · 0⤊ 0⤋
You should bring both Peso's and Dollars. Some places only takes Peso's but when you go to the lil shops they will negotiate prices for you in Dollars. Always remember if you walk away they will get cheaper and cheaper on this if you want what they are selling. lol Also,
1.00 USD United States Dollars = 10.9284 MXN Mexico Pesos
But if you go down with Dollars you can always take your cash card with you and take peso's outta the cash machines! Good Luck! Enjoy Cancun- It was SOO hot when i was there!
2007-02-05 04:31:31 · answer #5 · answered by 04/12/2008 :) 6 · 0⤊ 0⤋
Get a Vias card or mastercard ,its the safest,traveler checks are ok too,cash is risky just keep a few pesos on you ,They have ATM mashines there in most banks and better hotels
2007-02-05 09:02:42 · answer #6 · answered by bernardino 1 · 0⤊ 0⤋
the exchange rate for pesos is 10.75 for each dolar, they have money exchange places, or in a bank down there you can do these also but you can also pay in dollars
2007-02-06 13:26:36 · answer #7 · answered by abe77n 3 · 0⤊ 0⤋
Take your US dollars...There are many little kiosks for changing money, all over the place, it is a fair rate of exchange.
Do not change money at the airport as it is a rip-off
2007-02-05 04:33:15 · answer #8 · answered by bob shark 7 · 0⤊ 0⤋
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2016-05-24 18:24:18 · answer #9 · answered by Anonymous · 0⤊ 0⤋
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2007-02-05 04:26:59 · answer #10 · answered by steve m 1 · 0⤊ 1⤋