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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by bajalera
Just ignore Gull-- |
Instructions please.
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oxxo
Banned
Posts: 2347
Registered: 5-17-2006
Location: Wherever I am, I'm there
Member Is Offline
Mood: If I was feeling any better, I'd be twins!
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| Quote: | Originally posted by flyfishinPam
wondering what thoughts are out there on this.
i just traded dollars for pesos this morning and the rate was 9,880
yesterday the pemex traded 9,5 to 1 dollar
the dollar is going down against the peso |
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oxxo
Banned
Posts: 2347
Registered: 5-17-2006
Location: Wherever I am, I'm there
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Mood: If I was feeling any better, I'd be twins!
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This post was made approximately 6 weeks ago. A few days later the dollar fell to around 9.7, where it bottomed out on this cycle. I hope no one
traded a lot of dollars for pesos back then, because the rate this morning is 10.737.
It is very tricky speculating in the monetary markets. Better to stay on the sidelines in a volatile market. When and if the dollar goes up to 11 to
1, that is when I might be tempted to trade a couple thousand dollars for pesos.
Not an expert, just an opinion.
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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i just got 10.4 at the bank here in mulege
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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No coincidence that the recent slide in oil from $145 barrel to $102 parallels the 10 month dollar high against the euro (.71). Same holds for the
dollar vs peso. Dollar is certainly on run these days.
Ken
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The Gull
Super Nomad
Posts: 2223
Registered: 8-28-2003
Location: Rancho Descanso, BCN
Member Is Offline
Mood: High
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| Quote: | Originally posted by The Gull
| Quote: | Originally posted by Bajajorge
When traveling back to Baja I make sure I have at least 1000 pesos for the trip. |
Holy cow, you actually have $100 in pesos on you at any time in Baja. What a scary thought. |
Correction to my earlier post. You actually have $93.50 USD in pesos on you at any time in Baja? Lera? Mennis?
�I won\'t insult your intelligence by suggesting that you really believe what you just said.� William F. Buckley, Jr.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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Sounds about right, Gull. 10.6x1 at this moment.
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
Location: Mulege BCS on the BAY
Member Is Offline
Mood: Full Time Residents
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then i got screwed yesterday at the bank
.20 per $
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by Bob and Susan
then i got screwed yesterday at the bank
.20 per $ |
You mean you paid 20 centavos per dollar? That sounds like typical Casa de Cambio rates.
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline
Mood: Peacefull
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| Quote: | Originally posted by DENNIS
Sounds about right, Gull. 10.6x1 at this moment. |
It is, I just checked the mid-morning rate in London,
10.5678 
That translates into a nice dinner at Hotel California 
CaboRon
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Pappy Jon
Nomad
Posts: 494
Registered: 8-27-2003
Location: Wrong side of the Continental divide.
Member Is Offline
Mood: Temp rising.
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Things are looking up.
| Quote: | Originally posted by oxxo
This post was made approximately 6 weeks ago. A few days later the dollar fell to around 9.7, where it bottomed out on this cycle. I hope no one
traded a lot of dollars for pesos back then, because the rate this morning is 10.737.
It is very tricky speculating in the monetary markets. Better to stay on the sidelines in a volatile market. When and if the dollar goes up to 11 to
1, that is when I might be tempted to trade a couple thousand dollars for pesos.
Not an expert, just an opinion. |
"The association of flowers and warm-blooded love is more than a romantic convention; it is based upon one of the great advances in the evolution
of life." Ed Abbey
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The Gull
Super Nomad
Posts: 2223
Registered: 8-28-2003
Location: Rancho Descanso, BCN
Member Is Offline
Mood: High
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| Quote: | Originally posted by Bob and Susan
then i got screwed yesterday at the bank
.20 per $ |
Next time I will give you .40 pesos per dollar.
�I won\'t insult your intelligence by suggesting that you really believe what you just said.� William F. Buckley, Jr.
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dianaji
Senior Nomad
Posts: 606
Registered: 8-12-2008
Location: San Marcos, CA
Member Is Offline
Mood: hungry for knowledge, simplicity, hugs and fish tacos!
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what is the best place to exchange dollars for pesos? any help appreciated, as i usually use dollars.
thanks diana
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BajaGringo
Ultra Nomad
Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline
Mood: Let's have a BBQ!
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I have found that I have been getting a pretty good exchange from my bank - Bancomer.
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bajabound2005
Ultra Nomad
Posts: 2762
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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1 USD = 13.6455 MXN, right now.
Two days ago Costco was doing 13:1 and Walmart 12:1. Shop around! USE PESOS.
Friends don't let friends drink white zinfandel.
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BajaGringo
Ultra Nomad
Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline
Mood: Let's have a BBQ!
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Make sure you pay for gas in pesos as you will lose in dollars on the rate as well as trying to figure it out without a calculator...
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bajabound2005
Ultra Nomad
Posts: 2762
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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Yup, while everyone else is doing 13:1, Pemex is doing 12...
Friends don't let friends drink white zinfandel.
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Mango
Senior Nomad
Posts: 685
Registered: 4-11-2006
Location: Alta California &/or Mexicali
Member Is Offline
Mood: Bajatastic
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Yep, the exchange rate is pretty nice right now for us gringos.
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