New $200 Peso Bank Note Introduced in Mexico
Mexico's central bank introduced a new design for the $200 peso bill in September 2019 featuring heroes from the Mexican revolution movement
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
New $500 Peso Bank Note Enters Circulation in Mexico
The Bank of Mexico announces a new series of Mexican banknotes, starting with a refreshed $500-peso note featuring renowned president Benito Juárez
Mexico’s Minimum Wage in 2018
Mexico has raised its daily minimum wage by an above-inflation 10% this year
The Trouble with Travelers Checks
While some people still bring traveler's checks to Mexico, they are finding it increasingly difficult to cash them
Money, Banking, and Managing Your Finances in Mexico
Comprehensive guides and articles about Mexico’s money and currency, banking services, and managing your personal finances in Mexico
Mexico Currency Exchange Calculator
Check the latest currency exchange rate for the Mexican Peso
A Tale of Two Airport Exchange Rates
Seasoned readers of these pages may know that we have often extolled the virtues of exchanging your foreign currency in cash when you get to Mexico, and not before. Having just taken note of the exchange rates offered at two airports, our advice remains...
Transferring Money To and From Mexico
If you’re planning to live, work, retire or buy a home in Mexico, you’ll probably find that there is a need to transfer money regularly between your home country and Mexico. If your move to Mexico is only semi-permanent or part-time, or if you...
Mexico’s Peso: A Haven of Stability?
Mexico's peso has been surprisingly stable against the dollar in the past year or so, more surprising even given that markets have been fairly volatile for fear that the U.S. Fed could start raising interest rates at any time . . .
Banks and Banking in Mexico
If you're planning to live in Mexico full or part-time, or planning to buy a home here, sooner or later you will need to set up a Mexican bank account...
A Fair Exchange
Mexico's economy is still heavily cash-based and many goods and services must still be paid in cash with Mexican pesos, especially in smaller towns and villages, and places off the beaten track. So you'll need get hold of some cash while you're in...
Mexico Modifies Dollar Cash Restrictions
In an effort to stem the flow of illegal cash funds passing through Mexican banks and businesses, Mexico introduced a series of measures to limit the amount of foreign currency that companies and individuals, including tourists, may deposit into banks, exchange into pesos, or...
