Cash, Please: You Still Need Notes & Coins in Mexico
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
The Mexico Cost of Living Guide helps you to create a budget based on your individual situation and lifestyle choices. Download your free copy.
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
This free eBook is a comprehensive and detailed guide to help you learn about money, finances and banking in Mexico. Download your free copy.
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
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
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
This article shares a snapshot of Mexico's geographic, demographic, and key economic data, updated annually using latest official data
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
Mexico's peso was stable and also posted a solid gain in 2022, supported by interest rates, exports, tourism, and foreign-currency remittances from abroad
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations