Introduction to Mexico’s Peso, its Coins & Banknotes
Mexico's peso is a one of the most traded currencies on world foreign exchange markets. This article introduces you to Mexico's currency, coins & banknotes
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
Mexico's peso is a one of the most traded currencies on world foreign exchange markets. This article introduces you to Mexico's currency, coins & 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
In part three of this series, discover how how trade, negotiation, and bargaining are woven-in to the fabric of everyday Mexican culture
This article shares a snapshot of Mexico's geographic, demographic, and key economic data, updated annually using latest official data
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
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
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
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
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
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them