Generally speaking, specialist online travel money providers and bureau de change offer the best Mexican Peso exchange rates, followed by the supermarkets, the Post Office and then the banks. A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment.
MEXICAN PESO - UNITED STATES DOLLAR - Price (MXN - USD)
Drawing cash in Mexico from foreign credit cards is usually an expensive way to borrow money. Mexican banks and exchange houses will buy and sell all major currencies. US dollars, Canadian dollars, British pounds, euros, Australian dollars and Japanese yen can be readily sold across the counter at exchange houses and many banks. Most exchange houses and banks do not charge commissions to exchange currency, but make money through the spreads—the difference between the rate at which they sell pesos and the rate at which they buy them.
There is no point in buying US dollars for exchange in Mexico if your home currency is the Canadian dollar, British pound, euro or yen, as it will involve an additional exchange transaction extra cost before getting your Mexican pesos. Just take your Canadian dollars, British pounds, euros or yen with you in cash—exchanging them directly into Mexican pesos will be straightforward and you will get a decent rate in exchange for them. Here is a list of places in Mexico where you can exchange foreign cash.
Travelers Checks are accepted at some, but not all, exchange houses and banks and they are becoming increasingly difficult to exchange. Some banks will only exchange foreign currency if you have a local bank account; others have limited time windows during the day when they will transact foreign currency exchange.
We recommend you use a Casa de Cambio instead. If you find yourself in Mexico and need to wire money back home, or if you need money wired to you in Mexico, a network of agencies who specialize in doing just that are established in Mexico. You can also consider wiring money to accounts in Mexico using electronic funds transfer services, provided via the Internet. The person sending you money goes to their nearest money transfer agency and makes the payment plus associated charges, telling their local branch what city the money should be sent to.
The money is wired to that city and, to claim it, the recipient goes to an establishment that represents the agency e. Western Union , shows a photo identification and claims the transferred amount using the reference number provided to them by the sender. Fortunately, with the advent of internet banking and finance services, specialized companies now exist that offer the capability of transferring money between banks electronically from one country to another using internet-based systems.
These services offer fast and secure money transfer from one bank account to another and offer better exchange rates and lower transaction charges than over-the-counter money transfer transfer services as their operational costs are lower. If you have a bank account in Mexico—or if someone you with a bank account in Mexico needs you to transfer money to them—these international money transfer services can offer very good value for money and expedite the funds much more quickly than sending checks, which need to be negotiated by the foreign bank before they can be cleared—a process that can take days or weeks.
They also tend to offer better exchange rates and lower charges that using a bank-to-bank transfer. Money Transfer agencies can found with a Google Search online. A peso bill is equivalent now to 2 Mexican pesos. That would be about 20 US cents. But that bill is no longer in circulation since The local US Bank would not exchange this currency, the notes were old issue, the coins to heavy. Could you advise value and place of echange Would I be able to cash it there and roughly how much is it worth?
I have a Pesos bill from El Banco de Mexico I have been to a number of banks and they won't take them. Only one said they will take the cash but no change. Not sure what sense that makes? I live in SA, Texas and would like to find a place that will do this. Where can i get the right amount of money exchanged to US dollars?
On that coin V. Tell me how to convert dollar into Rupees. I Live in india. I went to exchange offices , they told me , u have to try in Airport. Tell me What to do? I sent money to financial institution in Mexico Lloyd. They converted USD to Peso at I only have one Coin of Mexicanos Pesos.
How can I exchange currency to U. I just went to Tijuana for 2 weeks and I fly back to New York. The old mexican pesos, , , , notes, and , coins are no longer in use, since the mexican peso were "divided" into, and pesos were then 1 peso. About 8 years ago, all the old coins and bills had to be changed for the new ones, and the remaining ones doesn't worth anything anymore. They won't be changed at any bank now, and even if they would, old pesos would worth today less than half a dollar.
I have a Mexican peso dated Is it still valid and what is it worth in American dollars? How much is this worth or is it still worth and if so were can I change it. Sorry to disappoint all your hopes!
Can we cash it or how much is it worth? I have a peso, 20, peso and a 10, peso. The 50, and 20, are from and the 10, is from How much are they worth in US dollars? If there is some monetary value, where do I exchange them? The bank says they will not buy them back.
Can I still use the money in Mexico and if so how much is it in dollars? I have pesos and i would liketo know how much it is? Please tell me i need to know. Could you tell me what these are worth? I have a peso note from where can I exchange it and how much is it worth. I absolutely need this information. Thank you very much. Does any one know what the value to an american dollar is to a peso?
I have a paper pesos , is it still good and if so how do I exchange it for American dollars? I have a and peso bills. I tried to exchanged them, but couldn't. Is it impossible to trade them now? We have pesos from and would like to know if there is anyway to exchange these for American money? Any Peso bill or coin with a date of or earlier has about as much worth as your monopoly money! In the Mexican government introduced the "new peso", rendering all pre-existing Mexican curreny obsolete.
The new peso was worth of the previous pesos. No bank or any other currency conversion business will exchange your pesos printed pre, they are absolutely worthless.
I have a 20, peso note, a 10, peso nute and a peso note, are they still worth something.