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lizard lips
Super Nomad
Posts: 1468
Registered: 8-30-2002
Location: EARTH
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It took almost three weeks but it is now 17.
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SFandH
Elite Nomad
Posts: 7084
Registered: 8-5-2011
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Quote: Originally posted by soulpatch |
when we first moved to Mexico, it was 9.5:1...... I have had a pretty substantial pay raise since then if you look at that.
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Well, let's see. (17 - 9.5) / 9.5 * 100 = a 79% increase in buying power if the arithmetic is right, less peso inflation. That's the way things work
out, right?
Nice
[Edited on 8-21-2015 by SFandH]
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StuckSucks
Super Nomad
Posts: 2318
Registered: 10-17-2013
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Wait for it ... wait for it ...
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AguaDulce
Junior Nomad
Posts: 73
Registered: 3-28-2014
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I got 15.95 today at Bank of America for my trip next week. Ordered it online and then stopped by to pick up. I like to leave with pesos . Are there
better rates NOB?
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Hook
Elite Nomad
Posts: 9009
Registered: 3-13-2004
Location: Sonora
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Mood: Inquisitive
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I have a new Capital One Visa Rewards card and used it at a Home Depot down here for the first time. RUSHED back home (well, you know how anal I am
about this!) to see what I got. 16.62 with no intl fees. And it earns points of some kind. Very pleased with that rate.
I cant use it for cash at an ATM without it being considered a cash advance but we are going to start using this for everything; paying the utilities,
purchases at stores, etc. It will reduce our need for carrying cash. This is not tied to a bank account; simply a credit card.
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tecatero
Nomad
Posts: 205
Registered: 11-20-2013
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As am getting ready to exchange a large sum of USD into my Banamex peso account, I read that the slide will continue for the following weeks,
possibly hitting 18 sooner than later............Im not greedy after all those years at 10 to 1, but this is getting crazy
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Santiago
Ultra Nomad
Posts: 3507
Registered: 8-27-2003
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Anyone remember buying a meal for $80,000 pesos? I do. My father got hooked by the Mexican banks paying 15% interest if you opened an account with
dollars that was then converted to pesos. His $15k 'merican went 'poof'. It's really 17,000 to 1. Those were some crazy days.
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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yesterday the cambios at the border were 16 to the dollar
no commission
the rate drops as you get further south...all the way down to 13.8
if you are building this winter its time to convert dollars to pesos
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Ryan
Newbie
Posts: 21
Registered: 6-18-2009
Location: Costa Mesa / Campo Lopez
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Everywhere I looked around San Ysidro yesterday was selling at around 16.5
Still haven't seen the elusive 17
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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selling (the high number 16.5) is for pesos to the dollar
the lower number (maybe 16) is dollars to pesos
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larryC
Super Nomad
Posts: 1493
Registered: 8-11-2008
Location: BoLA
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Yesterday returning from BoLA the Pemex stations in San Filipe were giving 16.5 to the dollar and I got 16.62 at the atm and that was after deducting
the small fee they charge. I also stayed at the Blue Sky motel and they wanted $45 or 500P for the room. I chose the 500P option. Nice room for a
little over $30, clean and air conditioned. The restaurant next door was good also.
Off grid, 12-190 watt evergreen solar panels on solar trackers, 2-3648 stacked Outback inverters, 610ah LiFePo4 48v battery bank, FM 60 and MX60
Outback charge controllers, X-240 Outback transformer for 240v from inverters, 6500 watt Kubota diesel generator.
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bajabuddha
Banned
Posts: 4024
Registered: 4-12-2013
Location: Baja New Mexico
Member Is Offline
Mood: Always cranky unless medicated
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I don't have a BUCKET LIST, but I do have a F***- IT LIST a mile long!
86 - 45*
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