BajaNomad

Peso to the $

Howard - 11-16-2016 at 08:47 AM

Please, no political rants.

At the ATM in Lays market in Loreto yesterday, I netted 20.53 to the dollar after all fees. A very pleasant surprise as I thought I would get around 19.75.

mtgoat666 - 11-16-2016 at 08:50 AM

Quote: Originally posted by Howard  
Please, no political rants.
.


How do you define "rant?"

Howard - 11-16-2016 at 09:10 AM

My definition of a rant is endless communication of information that has nothing to do with the original subject matter.

DENNIS - 11-16-2016 at 10:03 AM


Peso at the moment: 20.2728

SlyOnce - 11-16-2016 at 10:06 AM

The cambios in TJ are not giving anything near to that rate. Commercial Mexicana and Wallmart are. So the best thing to do is buy our groceries in US dollars and get change in pesos. Make sure to use Pesos at all other places as exchange rates vary widely, for example Starbucks was only giving 18 to 1.

DENNIS - 11-16-2016 at 10:17 AM


Competitive Cambios work at a 2% margin. It's a business.

sancho - 11-16-2016 at 02:16 PM

A Casa de Cambio out of Ensenada lists 18.70 to the dll. A predominately
mainland site, fairly recent legit posts, not as in yrs. ago, was dicussing the exchange of dlls at Mex Banks. I was under the
impression that went away 6-8 yrs. ago, something
about showing one's passport which is recorded, and the
limit of some amount per month. Was this wishful thinking
or did I read something wrong
Today Thurs. 18.65



[Edited on 11-17-2016 by sancho]

DENNIS - 11-17-2016 at 07:15 AM


At this moment:

20.2518 to one

Casbah - 12-3-2016 at 12:50 AM

Quote: Originally posted by Howfard  
My favorite review of Testoprime are a definition of a rant is endless communication of information that has nothing to do with the original subject matter.


I think the dollar is quite strong right now so it's good if you have dollars because you can buy more pesos.

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Allves 09 - 10-7-2022 at 01:00 PM

Now a days dollar is getting more stronger!

[Edited on 10-22-2022 by Allves 09]

bajatrailrider - 10-7-2022 at 01:42 PM

Hour South Ensenada only at Money EX 19.10

AKgringo - 10-7-2022 at 03:37 PM

Trail rider, this post was dragged up from 2016 by someone who joined BajaNomad yesterday!

[Edited on 10-7-2022 by AKgringo]

bajatrailrider - 10-7-2022 at 06:02 PM

OK AK im any years behind

PaulW - 10-9-2022 at 08:20 AM

Todays chart

Peso Chart.jpg - 72kB

JZ - 10-9-2022 at 08:54 AM

Dollar is very strong against the Pound, Euro, and Yen right now. Good time to do some international trips.

unbob - 10-22-2022 at 07:33 AM

Peso set to depreciate against U.S. dollar

U.S. recession would be bad news for the peso

[Edited on 10-22-2022 by unbob]

JDCanuck - 10-22-2022 at 07:50 AM

USD has been climbing steadily against almost every broadly traded currency for quite a while now. Peso has been doing better than most, including the CAD, EUR GBP and JPY for about 1 year. Tourists are beginning to prefer European destinations to Baja for pricing reasons as well as higher levels of safety. Portugal seems to be the preferred destination.



[Edited on 10-22-2022 by JDCanuck]

mtgoat666 - 10-22-2022 at 08:04 AM

Quote: Originally posted by JDCanuck  
USD has been climbing steadily against almost every broadly traded currency for quite a while now. Peso has been doing better than most, including the CAD, EUR GBP and JPY for about 1 year. Tourists are beginning to prefer European destinations to Baja for pricing reasons as well as higher levels of safety. Portugal seems to be the preferred destination.
[Edited on 10-22-2022 by JDCanuck]


Does the loonie still exist? Didn’t Canada convert to the US dollar?

JDCanuck - 10-22-2022 at 08:19 AM

Yes MTGoat, Canada and it's currency still exist. You should try visiting sometime, you might actually find something out side of your home area you like. We are a pretty hospitable country.

RFClark - 10-22-2022 at 10:52 AM

Mexico has a long history of “The Christmas Surprise” in simple terms a large devaluation of the Peso around the end of the year. This could be what we see being discussed now.

Hook - 10-22-2022 at 11:42 AM

Quote: Originally posted by unbob  
Peso set to depreciate against U.S. dollar

U.S. recession would be bad news for the peso

[Edited on 10-22-2022 by unbob]


But not if the recession is, in part, caused by high oil prices. High oil prices seem to support the value of the peso. Not surprising, really. Last I remember, oil is around 60% of Mexico's total GDP.

Actually, we ARE in a recession, despite the Biden administrations massaging of the traditional definition of a recession. Probably gonna get worse, since fuel has begun to increase again.