BajaNomad

13.72 to one yesterday...wow

Bob and Susan - 1-14-2009 at 07:05 AM

yesterday we got 13.72 to one dollar at the mulege bank

wow:o

thats one of the HIGHEST exchange rates we've seen

time to spend some dollars in baja:lol:

lets do some math:light:

this summer the rate was 10 to one

that means for every $1000usa exchanged now
you get 3720 more pesos

since a quart of milk is 27 pesos
you get 137 FREE quarts of milk

gas is about 26 pesos a gallon here so
you get 143 FREE gallons of gas

my beer is 160 pesos a case of 24 so
you get 558 FREE beers:light::light::lol::lol:

jorgie - 1-14-2009 at 07:24 AM

13.72 x1000 is how much ????

Lauriboats - 1-14-2009 at 07:26 AM

I like the way you do math. I exchanged my dollars for pesos yesterday, today I will go the store for the free beer. Thanks for pointing that out. :lol:

bajalou - 1-14-2009 at 07:45 AM

14.09 on Yahoo currency converter at 645A

bajabound2005 - 1-14-2009 at 08:37 AM

and right now: 1 USD=14.121 MXN

Paulina - 1-14-2009 at 08:53 AM

Holy smokes! 14 = 1? I told Dern that he should jump in the truck and go buy our building materials NOW. Hey Jeff and Jamee, if you're reading this, will you take an IOU if I send you a shopping list? :biggrin:

Don't be "scart", just kidding.


P<*)))>{

Hook - 1-14-2009 at 09:24 AM

I got 13.85 at a Santander ATM last night.

At that rate, a shrimp dinner at our favorite seafood restaurant in Guaymas is 5.70.

Pescado al mojo de ajo is 4.25.

And shots of Hornitos are 2.09!!!



[Edited on 1-14-2009 by Hook]

heike - 1-16-2009 at 06:13 AM

Brin gon the shots at that price!!

k-rico - 1-16-2009 at 07:09 AM

Quote:
Originally posted by heike
Brin gon the shots at that price!!



hahaha, brin gon the shots, that's perfect (((((((hic)))))))

Bob H - 1-19-2009 at 01:37 PM

We think that now it's best to use pesos instead of U.S. dollars in Baja. I wouldn't be surprised if the restuarants, retailers, etc. will still be using the 10 to 1 conversion if you pay in dollars. Right?
One more day and we are on the road! :bounce:
Bob H

[Edited on 1-19-2009 by Bob H]

BajaGringo - 1-19-2009 at 01:56 PM

When the dollar is going up the exchange rate at retailers tends to take its time to catch up. When the dollar is dropping they react quickly. Just a fact and why I tell everybody to pay with pesos and not dollars. You will generally get a better deal and don't need to carry a pocket calculator.


:rolleyes::rolleyes::rolleyes:

Reeljob - 1-19-2009 at 02:02 PM

Got 14.10 at Scotia Bank in Cabo yesterday.

oxxo - 1-19-2009 at 03:55 PM

Quote:
Originally posted by Bob H
I wouldn't be surprised if the restuarants, retailers, etc. will still be using the 10 to 1 conversion if you pay in dollars. Right?


The Pemex yesterday was giving 12.5. Of coarse I used pesos. Got 13.9 at the ATM yesterday.

Hook - 1-19-2009 at 05:51 PM

Using a Santander ATM on Friday, we got 14.25.

Almost none of the restaurants over here have adjusted their prices. What's to adjust? Many food products in Sonora come from Sonora.

Going to Costco in Hermosillo on Thursday. We keep our receipts from previous trips. Many Costco products that we buy are imported. We'll see how much those have changed.

oxxo - 1-19-2009 at 06:14 PM

Quote:
Originally posted by Hook
Going to Costco in Hermosillo on Thursday. We'll see how much those have changed.


Hot Dogs are now 20 pesos.

BajaWarrior - 1-19-2009 at 11:14 PM

We stopped in Mexicali on our way south on Friday afternoon and got a 13.80 exchange rate. According to my calculations after purchasing two cases of Pacifico, the additional bottle of Kahlua was free!

On our way north of San Felipe this afternoon we saw the exchange rate at a hair over 14 at the exchange place near El Nido.

Mango - 1-20-2009 at 12:04 AM

I saw it advertised at 13.83 today in Mexicali.

I wasn't really looking too hard and hope to find it at 14 in the next day or two when I get some more pesos.

I always use pesos in Mexico. It just makes things easier for both sides of the transaction. Personally I think its a bit pretentious to use dollars in Mexico; but, that's just my opinion and I'm sure the locals would rather have the hassle of changing dollars than nothing.

Bob H - 1-20-2009 at 09:44 PM

Wow, lots of good info here. Bob H

elgatoloco - 1-20-2009 at 09:53 PM

I always prefer using pesos in Baja especially when paying for services where a tip is normal. It makes it easier to figure the 20%. I use the ATM to get the bank exchange rate.

Viva Pesos!

Humboldt Chris and Robin - 1-22-2009 at 10:59 AM

We had most people pull out pocket calculators and use a pretty close exchange rate the last couple of weeks on our trip. I prefer using pesos, but for some friends we deal with, I use dollars so they can play the rates to their benefit. We don't spend a lot of money at any one time except at Pemex stations, so I try and always use dollars there.

I always feel weird using dollars in foreign countries - years ago in Ecuador, the government was converting to the dollar and there were riots! Money is a part of culture, and I could only imagine taking my leftover pesos into Kmart in the US!! However, we did get to use our leftover pesos at the minimart in Tecate to buy beer!