Currency To Use In Mexico | Debbie's Caribbean Resort Reviews Forums

I will be travelling to Mexico in April this year ( 2014 ) and would like to know what would be the best currency to take. Do I just take Mexican Pesos, American Dollars or both? What currency must I use to pay for trips?This has sometimes put me off going to Dominican Republic when British tourists use two different currencies.

Also what would anyone recommend of how much to tip waiters, bar staff and room maids.

We used American money for all purchases and tips in the Riviera Maya(Cancun and Playa del Carmen area.)
You don’t really have to convert to Pesos when you are in the touristy areas. You don’t save much when you use Pesos compared to using USD. As far as tipping, USD$2.00 waiters/waitresses in the buffets and restaurants after meal, USD$1.00(each round with four drinks) for bar staff and USD$2.00 per day for maids. This seems to be the norm in the area. For exceptional service, you may tip what you feel is more appropriate.

We use the local currency when we travel. It’s just respectful to do so. When you tip in pesos, the receiver can use the funds immediately without the inconvenience of going to the bank after a long day’s work to do a currency exchange.For Mexico, we use pesos which I obtain in advance at my local foreign exchange outlet. They give a better exchange rate than the airport exchange kiosks.

Large purchases such as tours, excursions or duty free are paid with our credit card.

I agree with YVRck…it is the respectful thing to do. I don’t know how many times I’ve been asked by workers if I would "buy" their handful of looneys that are useless to them. Pesos can be used by them and USD means a trip to the bank. All that being said they will gladly take your USD .

Last year when we were in Mexico we had Canadian as well as American money with us. The stores and the venders asked us if we would pay in Canadian since the American dollar was unsteady. They took our Canadian money at par. If the price was $20.00 USA then we payed $20.00 Canadian. The only thing that we payed for in USA dollars was our night out to Coco Bongos.

Freedom Ryder 8-)………

Last year when we were in Mexico we had Canadian as well as American money with us. The stores and the venders asked us if we would pay in Canadian since the American dollar was unsteady. They took our Canadian money at par. If the price was $20.00 USA then we payed $20.00 Canadian. The only thing that we payed for in USA dollars was our night out to Coco Bongos.

Freedom Ryder 8-)………

Ancient history I’m afraid, the loony has been in a steady decline since July 1213.It’s also not a good idea to depend on the Canuck buck as in countries like El Salvador it’s completely useless, can’t even change it at the banks.

I’m with those advocating being respectful and using the local currency however changing it at the airport is the WORST possible place to do so. When travelling overland I find the money-changers at the borders to give fair rates and save the hassle of finding a bank.

I use both. If something is priced in USD…pay USD. If something is priced in pesos, use those. If you get prices in BOTH currencies, pay with whatever gives you most bang for your buck, usually pesos.

Grocery stores like Mega usually give a good exchange rate. Buy some tequila, chips, beer, whatever using USD and you’ll get your change in pesos at a good rate, usually 13×1.

Grocery stores like Mega usually give a good exchange rate. Buy some tequila, chips, beer, whatever using USD and you’ll get your change in pesos at a good rate, usually 13×1.

You are right in most stores you can use US$ but it is not guaranteed that you will get back US$ as change. What I do when I go to Mexico I bring some US$ with me and than I use ATM machine to pull some money and I found out that is the best exchange rate for me.

Grocery stores like Mega usually give a good exchange rate. Buy some tequila, chips, beer, whatever using USD and you’ll get your change in pesos at a good rate, usually 13×1. You are right in most stores you can use US$ but it is not guaranteed that you will get back US$ as change. What I do when I go to Mexico I bring some US$ with me and than I use ATM machine to pull some money and I found out that is the best exchange rate for me. Oh no, I was advising using grocery stores to turn US into MXN! Chedruai asks if you want "cambio en pesos?" but I *think* Mega automatically gives pesos.

We use bank machines too, but had some issues last April in Cozumel–we couldn’t get certain machines to give us money. That was a bit tense, as we were "stuck" there for a couple of extra weeks. Once we found a machine that worked, we stuck with it.

Recently bought some Mex Pesos in the UK. Thank’s everyone for all the advice.
Where are you going in Mexico? Is this your first trip to Mexico?

We just got back from ten days in Mexico….actually rented an apartment instead of an AI. We use Scotiabank here and when we needed funds we went to the bank and used our debit card. We were in Cancun area. Best exchange rate and no service fees.

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