Learning How to Navigate Mexico’s Tipping Culture
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
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
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
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
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
Banks & Banking Services Offered in Mexico
People living in Mexico often open a Mexican bank account to facilitate daily transactions and manage money transfers between their home country and Mexico
Currency Exchange When You Buy a House in Mexico
When you’re buying pesos to fund a home purchase in Mexico, foreign exchange rates will impact your budget. MexEdge offers buyers a service to manage this risk
2024 Was a Year of Two Halves for the Mexican Peso
Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end
Mexico’s Minimum Wage Increases by 12% in 2025
Mexico implements eight consecutive years of double-digit daily minimum wage rises with an increase of 12% for 2025—to $278.80 pesos per work day
Mexico’s Peso: More Big Strides in ’23; Estimates for 2024
In 2023, Mexico's peso extended the solid gains it made in 2022, supported by interest rates, economic growth, exports, tourism, and remittances from abroad
Mexico’s Minimum Wage Increased by 20% for 2024
Mexico implements six consecutive years of double-digit daily minimum wage rises with another increase of 20% in 2024—to $248.93 pesos per work day
Mexico’s Peso: Stability & Gains in ’22; Estimates for 2023
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
