The Mexican Peso: A Historical Tour of Mexico’s Currency Value
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
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
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
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
Dealing with Counterfeit Mexican Banknotes
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
The Real Value of Your Service Tip in Mexico
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
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
Mexico’s Elegant $20-peso Coins Begin to Replace the Notes
Mexico's elegant and distinctive 12-sided $20-peso coins are starting to supersede the old $20-peso banknotes that were printed on polymer
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
La Quincena: The Cash Behind the Friday Rush
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
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
Torn Money: The Banknote Versus the Joker
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
