Best place to exchange US dollars for pesos?
Posted 10 February 2010 - 12:54 AM
Posted 10 February 2010 - 07:16 AM
Posted 10 February 2010 - 07:44 AM
e.g. => for a $13.00 peso exchange rate Bancomer gave only $12.7 pesos and required $13.3 versus HSBC's $12.85 / $13.15 combination. Or maybe a few pesos is really no big deal.
You can also use bank ATMs with good rates, as long as your home bank does not hit you with some unusual foreign fee.
Do you remember the Cancun airport exchange's fees? Are they like good banks: +/- $0.2 or are they steeper: +/- $0.5 ?
Posted 10 February 2010 - 11:59 AM
I'm landing in Cancun on Monday then heading as quickly as possible in a rented car to Merida. Where is the best place to exchange dollars for pesos? By best I mean easy, safe and a decent exchange rate. I know the airport is a bad idea. Should I just stop by the first bank I see? Should I try to get pesos ahead of time somehow in the states? I think I did read that was hard or not a good idea. Sorry if this was addressed already. I did a bit of digging but didn't seem to find a discussion focused on this subject.
Don't bring USD with you, use your bank card at any of the local machines, HSBC has a good rate as does Banamex. Makes it a lot easier than doing the exchange thing
Posted 10 February 2010 - 07:05 PM
Whenever I am in Merida I usually change dollars into pesos at either of the 2 "casas de cambio" at the Fiesta Americana hotel (I think they have the best rates in Merida), but then that is my opinion.
Posted 10 February 2010 - 10:00 PM
Because there are relatively few tourists in Merida, many of the branch banks in Merida have been told not to exchange USD/Pesos - I suspect it is because the number of transactions are so small, their overhead costs are just too high for the small number of $$$. This is why I proposed that Yelsdrab stop at banks in Cancun before he leaves town.
What rate differences does the Casa de Cambio in Fiesta Americana offer? +/- $.2 pesos? or higher?
Posted 11 February 2010 - 06:47 PM
I really don't remember what the rate differences are/were between the Fiesta Americana and "others" in (downtown) Merida, but I do know they pay a bit more per dollar.
Since the Fiesta Americana is a short walk away from centro to me is well worth the walk to get a better rate exchange.
Posted 11 February 2010 - 08:51 PM
Posted 11 February 2010 - 08:59 PM
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