No Hay Cambio — the Art of Making Change in Mexico
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
Debit and credit cards are a convenient way to pay for purchases and withdraw cash. Learn about using your Mexican and/or foreign-issued bank cards in Mexico
In Mexico, merchants of all kinds tend to reject damaged banknotes, but you can exchange damaged notes at a bank if you have at least half of the note intact
If you find yourself having to deal with a fake banknote in Mexico, options depend on the circumstances under which the fake note came into your possession
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
Tipping for services is a practice that is deeply ingrained in Mexican culture and this article describes some key situations where a tip may be appropriate
ATMs provide an efficient way to obtain local currency in Mexico from a foreign or Mexican bank account, and some also accept cash deposits to local accounts
Workers' wages are paid every fifteen days in Mexico, and pay days are known as "Quincenas" which make for busy weekends, especially in the capital
In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
Mexico's elegant and distinctive 12-sided $20-peso coins are starting to supersede the old $20-peso banknotes that were printed on polymer