What money should I bring to Mexico?
What money should I bring to Mexico? The best currency to bring to Mexico is a mix of pesos and US dollars. Use the dollars to pay for tours, entrance fees, accommodation, and travel. For everything else use pesos. It should be relatively simple to get pesos in your own country before you travel.
Is 1000 pesos a good tip?
In small restaurants, some people tip 1000 pesos or less (about $ . 50 US); A few tip 2000 pesos (about $1 US). Most Colombians tip very little or not at all. In the finer restaurants, wealthy people tip more, about 10%.
What can I buy with 1000 pesos in Mexico?
Transportation: 1,000 pesos can cover your transportation costs for several days, including bus fares, subway tickets, or taxi rides, depending on your location and how frequently you travel. Accommodation: You can find budget accommodations in many parts of Mexico, especially in smaller towns or less touristy areas.
How many pesos do I need per day?
We have always budgeted $100/couple per day. This would be around $1200 pesos a day. This will buy you food, drinks, taxis and buses. If you work the budget carefully by what you don't spend one day and carrying it over to another, you can afford shopping for clothes and trinkets.
Should I pay with cash or card in Mexico?
A credit card will make the most sense for larger purchases and you'll likely need one for hotels. You'll always need cash to make everyday purchases.
Should I bring all cash to Mexico?
Bringing a small amount of cash in the local currency with you is always a good idea. This could help in any unforeseen emergencies where you may not be able to use your credit or debit card. Oppositely, carrying around too much cash can be inconvenient and dangerous.
Should I bring cash to Mexico or use ATM?
Use your best judgment when deciding how much cash to bring with you to Mexico. A good rule to follow is to bring 25% of your total budget in cash. If you happen to run out, use your debit card or prepaid travel card at a verified national bank ATM to get the best exchange rate.
Can I use euros in Mexico?
Currency in Mexico Mexico's official currency is the peso. Although the peso is the main currency, American dollars are accepted in touristy areas. Some high-traffic tourist regions might also accept Euros, Canadian dollars and British pounds. However, it's almost always more cost-efficient to pay with pesos.
How much money do I need in Mexico for a week?
Budget-Friendly Travel Planning You should plan to spend around M$2,180 ($128) per day on your vacation in Mexico, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, M$504 ($30) on meals for one day and M$345 ($20) on local transportation.
Is it better to carry USD or pesos in Mexico?
This is just part of traveling and it is also more respectful to countries to use the national currency. Many Mexicans make it easy to use Dollars and this certainly makes it easier for many tourist that come to Mexico. You will however make the best use of your money if you exchange it and use Pesos.
Is 500 pesos a lot 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).
Is it rude to over 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.
Do I need cash in Cancun?
Cash is a necessity in Cancun, given that many restaurants and gift shops don't accept credit cards. Like many other airports around the world, the Cancun airport is jam-packed with money exchange kiosks looking to convert your money into Mexican pesos.
Is $10 a good tip in Mexico?
In Mexico, a good rule of thumb for tips is to leave 10-15% of the bill. 50 pesos would be a standard tip for a bill that was around 500 pesos. For example, if you go out for dinner and get drinks, you should expect to spend around 400 MXN. That would mean your tip would be between 40-60 MXN.
Is $1 a good tip in Mexico?
It is not necessary to tip an additional amount. A minimum of $1-$2 U.S. (20-40 pesos) per round of drinks is customary, or if you're running a tab, leave 15-20% of the total as a tip. Remember, if you are receiving Happy Hour half-price, tip on the regular pricing amount.
Should I buy pesos before going to Mexico?
It's recommended that you buy pesos before you land in Mexico, just in case you need the cash. According to this USA Today article, the most economical way to do this is to buy pesos from your bank in the U.S. Most banks will do this for free, especially if you're not withdrawing a significant amount of money.