Money in Mexico

Mexico's peso remained remarkably stable during 2019. Its prospects for 2020 depend on a range of factors which cannot be easily foretold

The 2020 edition of our Mexico Cost of Living Guide enables you to form a real budget, and it's available as a free eBook

Mexico has raised its daily minimum wage by an above-inflation 20% this year

Workers in Mexico look forward to 'el Aguinaldo' – their annual Christmas bonus

Although cashless payments are increasing in Mexico, cash use remains essential in the local economy

Your complete guide to money in Mexico: for vacations and visits, business trips, living and retirement

Mexico's central bank introduced a new $200 peso bill on September 2, 2019

Mexico operates a public insurance scheme to protect depositors' funds, but not all firms and investment types qualify for cover

With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?

Tipping people for services rendered is a practice that is deeply ingrained in Mexican culture.