What are Mexico’s UDIs, and what are they used for?
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Opening and Managing a Bank Account in Mexico
A local bank account provides essential facilitation of your day-to-day finances. This article describes how to open and manage an account in Mexico
Discover Mexico’s Banks and the Services they Provide
An introduction to Mexico's retail banking brands as well as a description of the typical services and facilities offered by all the retail banks in Mexico
Money Exchange: Buying & Selling Foreign Currency in Mexico
Whether you're visiting Mexico or living here, you'll need to exchange your foreign currency and buy pesos for spending—there are three main ways to do this
Making Money Transfers To, From, and Within Mexico
Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist
Using Mexican & Foreign Bank Cards at ATMs in Mexico
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
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?
El Aguinaldo: The Christmas Bonus in Mexico
Workers in Mexico look forward to their annual Christmas bonus payment, known as 'el Aguinaldo,' that is paid before December 20th each year
Calculating the Value of Old Mexican Banknotes
Old Mexican bank notes can be exchanged for their present-day value at the Bank of Mexico, or sold to collectors who seek to acquire them
Tips for Spotting Counterfeit Mexican Banknotes
Mexican banknotes carry a range of security features, and a few spot checks can help you avoid getting landed with fake bills as you trade
Mexico’s Minimum Wage Increases by 13% in 2026
Mexico implements nine consecutive years of double-digit daily minimum wage rises with an increase of 13% for 2026—to $315.04 pesos per work day
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
