BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: Peso exchange?
brewer
Nomad
**




Posts: 419
Registered: 1-4-2011
Location: BCS
Member Is Offline

Mood: Grateful

[*] posted on 6-14-2014 at 12:09 PM
Peso exchange?


Per my Mexican co-worker, the place to exchange is the yellow quonset hut in San Ysidro for the best rate. I always go there. But I'm leaving tomorrow and was just thinking of exchanging in San Felipe, 1k $. How much could I expect to be out of by doing that? It would just be so much more convenient.
View user's profile
vgabndo
Ultra Nomad
*****




Posts: 3461
Registered: 12-8-2003
Location: Mt. Shasta, CA
Member Is Offline

Mood: Checking-off my bucket list.

[*] posted on 6-14-2014 at 12:46 PM


I don't have a specific answer.

I have exchanged dollars for pesos at Pemex at a loss for convenience. The rate this week in Viscaino was 11.5 : 1. It cost me $6.50 USD in tax and bank charges to extract 2k pesos from my US debit card at the bank in Viz. the same day. I've bought my initial Pesos at Costco near the border the last few times, combined with last minute shopping. Have a great trip!




Undoubtedly, there are people who cannot afford to give the anchor of sanity even the slightest tug. Sam Harris

"The situation is far too dire for pessimism."
Bill Kauth

Carl Sagan said, "We are a way for the cosmos to know itself."

PEACE, LOVE AND FISH TACOS
View user's profile Visit user's homepage
55steve
Senior Nomad
***




Posts: 857
Registered: 4-24-2006
Location: Warner Springs, CA
Member Is Offline


[*] posted on 6-14-2014 at 12:52 PM


Costco in Chula Vista or the place on the main road near the huge flag in Ensenada - either one has worked well for me. I'm thinking the Costco since you're heading to San Felipe.

[Edited on 6-14-2014 by 55steve]
View user's profile
shari
Select Nomad
*******


Avatar


Posts: 13048
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline

Mood: there is no reality except the one contained within us "Herman Hesse"

[*] posted on 6-14-2014 at 12:54 PM


I always check the rate at gas stations...saw one last week with 12.5 so more than I get at the bank. Sometimes it's good to get rid of those dollars on gas if the station offers a good rate.



for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
View user's profile Visit user's homepage
DENNIS
Platinum Nomad
********




Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline


[*] posted on 6-14-2014 at 01:02 PM


Costco, Ensenada, doesn't exchange money. If they do, it's news to me. They do, however, give a decent rate for purchases.

If the bank rate that day is known, the competitive Casas de Cambio will charge 2% =/- .




"YOU CAN'T LITTER ALUMINUM"
View user's profile
Bob and Susan
Elite Nomad
******


Avatar


Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline

Mood: Full Time Residents

[*] posted on 6-14-2014 at 01:03 PM


the rate at the border last week was 12.6 no commission

you have to do the math

if you get 11.5 for 1000 dollars you lose 1100 pesos




our website is:
http://www.mulege.org
View user's profile Visit user's homepage
Udo
Elite Nomad
******


Avatar


Posts: 6346
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline

Mood: TEQUILA!

[*] posted on 6-14-2014 at 03:01 PM


The current bank exchange rate (13.02) is what you get if you use your ATM card.
Try to find an affiliated bank US/Mexico, and you'll be refunded the 25 pesos for the withdrawal.

Note: many banks are much higher than that.




Udo

Youth is wasted on the young!

View user's profile
DawnPatrol
Nomad
**




Posts: 357
Registered: 11-19-2013
Member Is Offline


[*] posted on 6-14-2014 at 03:06 PM


Costco Chula Vista.
View user's profile
brewer
Nomad
**




Posts: 419
Registered: 1-4-2011
Location: BCS
Member Is Offline

Mood: Grateful

[*] posted on 6-14-2014 at 09:14 PM


Thanks everyone. Hit Chula Vista. 12.565 no commission.
View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262