What's the best currency to take on holiday to Mexico?

Question

I'm in Canada and will be traveling in late Jan/08

Answer 1

When taking your money to Mexico city, please open your eyes to make sure which exchange house or "casa de cambio" will give to you the best rate for your money.

Th more money that you change the more money you will have to spend for "extra items" sucj as taxi rides, gifts, etc., etc., etc.,

Answer 2

Mexico City (Ciudad de México) is the capital of Mexico and an incredible city surrounded by mighty pile ranges. To see that town you can choose the best choice hotelbye . The city's location is definitely breathtaking. Two magnificent snow-covered volcanoes, Popocatépetl and Iztaccíhuatl, tower above it using their more of 5,000 meters. Mexico City also keeps countless reminders of its past and those are items that attract the tourists. The defeating center of Mexico City is Zócalo - the Plaza de la Constitución (Constitution Square) - where the country's first structure was proclaimed in 1813 and now's one of the very most visited host to Mexico City because it's among the world's greatest squares. In Mexico City you can even visit: the National Palace, the Metropolitan Cathedral and the Templo Mayor.

Answer 3

If you can convert your Canadian currency directly in an airport to mexican pesos that would be great.
If not, Canadian dollars are useless here and regular banks will probably not accept them in exchange for pesos. Most banks will accept US dollars for pesos at the expense that you will be losing some money given the exchange rate. Some businesses like McDonalds actually accept US dollars.

Major credit cards will work here, but there isn't a lot of businesses that will accept them (mainly department stores or big chain restaurants).

Answer 4

The best thing to use is Mexican pesos. The official currency in Mexico is the Mexican Peso. Buy them at a money exchange in the airport. That is where you will get the best rate. Try to avoid buying merchandise and services in dollars and receiving change in pesos you loose bigtime that way.

Answer 5

Depends on where you're going in Mexico. For most tourist spots and most areas in the NAFTA free zone, US dollars are just as widely accepted as pesos (roughly 10 or 11:1). If you pay in greenbacks, they will make change in pesos. No separate currency exchange required. In poorer areas, the dollar will actually buy you a little more than equivalent amount of pesos.

Answer 6

Change you GOOD MONEY (not U.S. Dollars) for Peso's at any BANK in Mexico... Banks will always give you be the best exchange rate.

Answer 7

your best bet is the USD but then you have to call the hotel directly to find if they are accepting euros and at what exchange rate.

Answer 8

well I live in mexico,
the canadian dollar is more expensive in mexico than the american dollar ,

1 CAD = 11.26 mxn mexican pesos
1 USD = 10.60 mxn mexican pesos

I isn't worth changing cad to usd then to mxn , because the american dollar is cheaper in mexico than the candadian one.

if you exchange you CAD in any money exchage site be aware they cashier must give you 11 pesos for every canadian dollar.

take a look at the local moneymarket and see how much money they give you for your CADS.
do the same with american currency..!!
and have a good one in mexico!.

P.S. if you bring your CAD into mexico, at least change them in the airport, because it may be a little bit idfficult to change them inland.

Answer 9

In large cities or resort towns pesos or US dollars. Remember whats left over you will be taking home so what ever's easier to convert.

Answer 10

watch rates...we go almost every year...dollars seem to be the best...once you get to mexico find one of their banks...i dont know where you are going but we go to cancun and the bank in the kukulan plaza has the best rate...don't change money at airport orhotel you get the worst rate..have fun