Should I convert my money to pesos before going to Mexico?


Should I convert my money to pesos before going to Mexico? While some merchants in Mexico may accept US Dollars, it is not widely accepted and you may receive a poor exchange rate. It's recommended to use Mexican Pesos when in Mexico.


What will 500 pesos get you in Mexico?

For traveling (even on a backpacker budget) it is perhaps better to consider what 500 pesos (or $25 will buy). That is enough to rent a car for a way (minus non-specified expenses). It is also enough for dormitory accommodation in some of the cheapest hostels in Mexico City for two nights (around $8 per night).


What will $100 pesos buy in Mexico?

They are fantastic for tacos and other fast food. With 100 Pesos, tourists can also buy ice cream, fruits, or juice from the local food markets. If they do not want to spend their money on food, they can purchase a ticket to enter Tulum ruins, Chapultepec Castle, Museo Nacional de Antropologia, etc.


Is $500 alot in Mexico?

Is $500 dollars enough for Mexico? The good news is, in certain parts of Mexico it's still possible to live and travel on just $500 a month! It's even possible to live in Mexico comfortably on $500 per month, as long as you plan your trip correctly.


Should I use credit card or pesos in Mexico?

Preparing your travel money options beforehand is the key to a stress-free vacation. Credit cards, debit cards, prepaid travel cards and cash are all accepted in Mexico. Outside of a few purchases like transportation fare or local shops, a credit card will be your best bet for everyday purchases.


When should I convert cash for Mexico?

The best way to get pesos in Mexico for your trip is to use your debit card at an ATM. We recommend exchanging enough pesos from your home country before your trip to make it through your first day. Afterward, simply get cash from a local ATM to get the best exchange rate possible.


Do I need pesos at a resort in Mexico?

Yes, US dollars are accepted pretty much everywhere in Cancun, from restaurants and bars to stores and hotels. While dollars are accepted in Cancun, you'll get the best exchange rate by using pesos instead.