Current Exchange Rate - US to Pesos

Discussion in 'Cancun Info' started by Zena, Oct 27, 2014.

  1. Zena

    Zena Enthusiast Registered Member

    Joined:
    Feb 27, 2010
    Messages:
    24
    Likes Received:
    0
    Ratings:
    +0 / 0
    Can anyone give me a general idea of what the current exchange rate is for US dollars to pesos? I know it varies from place to place, ATM to ATM.

    I was quoted 12.70 pesos per $1 US and trying to determine if I should exchange here or wait until I arrive in Cancun. I usually use an ATM at Walmart in el centro but won't be able to get there until 4 days after my arrival in the hotel zone. Thanks!!
     
  2. gabesz

    gabesz Addict Registered Member

    Joined:
    Oct 31, 2006
    Messages:
    493
    Likes Received:
    0
    Ratings:
    +0 / 0

    The current official bank exchange rate is 13.5736. So figure 12.90 or better is a good rate. Anything below that is not really that good.
     
  3. Zena

    Zena Enthusiast Registered Member

    Joined:
    Feb 27, 2010
    Messages:
    24
    Likes Received:
    0
    Ratings:
    +0 / 0
    Thanks very much!
     
  4. BVG_Steve

    BVG_Steve Regular Registered Member

    Joined:
    Apr 5, 2008
    Messages:
    157
    Likes Received:
    0
    Ratings:
    +0 / 0
  5. peteandmilly

    peteandmilly Newbie Registered Member

    Joined:
    Oct 27, 2014
    Messages:
    8
    Likes Received:
    0
    Location:
    South UK England
    Ratings:
    +0 / 0
    will they not just accept dollars in cancun? is it worth changing to pesos?
     
  6. scottydog

    scottydog I can choose my own title Registered Member

    Joined:
    Mar 13, 2007
    Messages:
    1,358
    Likes Received:
    16
    Location:
    Wisconsin
    Ratings:
    +18 / 0
    We always just bring US Dollars...but we normally only leave the resort for the Boobs Cruise. If you do more than a little shopping or spend an entire day outside your resort...Pesos will be your best bet. Most every place will accept US Dollars, but often the exchange rate will not favor you.
     
  7. Cheers2US

    Cheers2US Addict Registered Member

    Joined:
    Sep 21, 2014
    Messages:
    393
    Likes Received:
    67
    Location:
    Ohio, USA
    Ratings:
    +94 / 1
    Where is the best place to exchange US dollars for pesos? And then also, where is the most convenient place to exchange? I think I am heading straight to the resort from the airport so I might just exchange some at the airport.
     
  8. Zena

    Zena Enthusiast Registered Member

    Joined:
    Feb 27, 2010
    Messages:
    24
    Likes Received:
    0
    Ratings:
    +0 / 0
    Thanks again everyone! I'll only be in the hotel zone for 3 nights and will be spending the remainder of my time with friends who live in el centro so I think pesos are necessary. I'm aware that there's no problem using US dollars in the hotel zone but, as scottydog mentioned, the exchange rate is not favorable and is why I've been contemplating exchanging dollars for pesos here before I leave for Cancun.
     
  9. GoldenEagle

    GoldenEagle Enthusiast Registered Member

    Joined:
    Jun 26, 2014
    Messages:
    89
    Likes Received:
    0
    Location:
    Fairview, Texas
    Ratings:
    +0 / 0
    We used the local (as in near our house) american express travel center and got 12.9.
     
  10. scottydog

    scottydog I can choose my own title Registered Member

    Joined:
    Mar 13, 2007
    Messages:
    1,358
    Likes Received:
    16
    Location:
    Wisconsin
    Ratings:
    +18 / 0
    When I' have exchanged for Pesos, I just took care of it at my bank. I always take about $500 with...I just took about $100 of it in Pesos. Easy. There is an exchange facility almost directly across the street from Temptation that our friends used last year....I'm sure you can find one near your resort as well.
     
  11. Cheers2US

    Cheers2US Addict Registered Member

    Joined:
    Sep 21, 2014
    Messages:
    393
    Likes Received:
    67
    Location:
    Ohio, USA
    Ratings:
    +94 / 1
    Travelex

    Just did a little Googling + discovered we can exchange US dollars for Mexican Pesos online at Travelex

    Current rate is $1 USD = 12.088 MXN pesos with a minimum order of $250 USD. They can deliver to your home for $9.99 or you can pick up locally. In my case, there's a branch at the airport but the hours are limited so I'll have to see if that'll work for us.