Should you convert money before going to Mexico?


Should you convert money 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 $1,000 pesos buy in Mexico?

One thousand good Mexican pesos have the purchasing power of about $50 U.S.A. dollars. You might get a nice dinner for three, or a tankful of gasoline (gasoline is expensive there), or a bus ticket to a major city, or a night in a cheap hotel.


Is 10 dollars a good tip in Mexico?

We would always suggest tipping a minimum of 10% at restaurants in Mexico. Check the bill and see if a service charge for gratuity was included.


What is the best currency to take to Mexico?

It's best to order pesos via your local U.S. bank before arriving in Mexico to avoid inflated fees. If this isn't an option, you can go into a reputable bank or credit union nearby. If you must use an ATM for cash, this is typically safe too, but remember to convert your currency to pesos for the best deal.


Is it rude to not tip in Mexico?

Tipping is always optional although the people serving you will appreciate the small token of your appreciation in exchange for good service.


Should I exchange money before I go to Cancun?

While still at home, you can exchange currency at your local bank. Experts suggest only changing enough to cover travel and transportation costs until you are settled at your destination, as the costs of exchanging money at home can be prohibitive.


How much money should you exchange for a trip?

The general consensus is that you should have $50 to $100 in cash per day for each traveler.


Is $5 a good tip in Mexico?

It's up to you how much you tip, but the recommended amount in Mexico is between 10% – 20% (15% is a good standard in tourist areas) of the bill or ticket price.