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vandy
Senior Nomad
Posts: 538
Registered: 10-10-2003
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I got 12.83 pesos/dollar at Bancomer today
Not a bad exchange rate for cash dollars at Bancomer in San Jose del Cabo. I was getting worried with all the talk about banks not exchanging cash
dollars without an account.
But no problem.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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The right now official exchange rate is 13.08 to one. 12.83 is tolerable.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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umm. We haven't been able to find any Mexican change houses in Rosarito that gives anything close to the posted rate. We exchange in San Ysidro.
The profit spread is just too profitable. Good for you!
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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oldjack
Nomad
Posts: 350
Registered: 1-26-2006
Location: Los Barriles
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Mood: retired
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last Wednesday I went to the Banamex in Los Barriles... to exchange $300usd to pesos.... they would not do in without my having a FM3 &
Passport.... I do not have FM3 yet!! ... I was told that the regs had been changed as of 6/2/2010 to allow exchange with either FM3 OR passport....
apparently not..... in Los Barriles!!!!
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fishabductor
Senior Nomad
Posts: 800
Registered: 5-29-2010
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Yesterday at banamex. the rate was 11.87.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by Woooosh
umm. We haven't been able to find any Mexican change houses in Rosarito that gives anything close to the posted rate. |
And you won't. Their approximate fee for their service is 2 %. After all, they can't be expected to survive on money-laundering alone. 
I know banks charge fees as well. I was just giving the current rate as a comparison.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by fishabductor
Yesterday at banamex. the rate was 11.87. |
That isn't even close.
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karenintx
Senior Nomad
Posts: 540
Registered: 3-16-2008
Location: CSL
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Mood: Living The Dream
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Tel-Mex USA gave a 12.86 exchange rate yesterday when I called to
add more credit to our accout.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by morgaine7
My US social security payment was deposited within the last couple of hours, and I got 13.031!! 
Kate |
You must be receiving SS Disability. There's no way you could be anywhere near the age to receive regular SS. 
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Pompano
Elite Nomad
Posts: 8194
Registered: 11-14-2004
Location: Bay of Conception and Up North
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Mood: Optimistic
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Tis now at 13.194...
....call it 13.2
I do what the voices in my tackle box tell me.
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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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susan went to the bank monday
and it was 12.61
she had to go to the manager
then
he did something in the computer
then
she was able to go to the teller and transfer
dollars to pesos and withdraw pesos
its becomming quite a task to change dollars to pesos
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Pompano
Elite Nomad
Posts: 8194
Registered: 11-14-2004
Location: Bay of Conception and Up North
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Now on the floor at 13.170...where can I get a gray jacket?
I do what the voices in my tackle box tell me.
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elskel
Nomad
Posts: 449
Registered: 10-9-2006
Location: Laguna Beach & Pescadero BCS
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pesos to dollars
From reading the above posts, it looks like only one bank in San Jose is exchanging dollars to pesos. Has anyone else been able to exchange at any
banks?
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elskel
Nomad
Posts: 449
Registered: 10-9-2006
Location: Laguna Beach & Pescadero BCS
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dollars to pesos
I meant dollars to pesos
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fishabductor
Senior Nomad
Posts: 800
Registered: 5-29-2010
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by fishabductor
Yesterday at banamex. the rate was 11.87. |
That isn't even close. |
That's the rate they were giving in CSL.
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fishabductor
Senior Nomad
Posts: 800
Registered: 5-29-2010
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| Quote: | Originally posted by elskel
From reading the above posts, it looks like only one bank in San Jose is exchanging dollars to pesos. Has anyone else been able to exchange at any
banks? |
banamex, Scotia, and bancnorte, and bancomer all exchange, I believe. However it's been awhile since I have done so.
Last time I exchanged it was 15.6!!!
I use HSBC and they don't exchange.
[Edited on 7-4-2010 by fishabductor]
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bajagrouper
Senior Nomad
Posts: 964
Registered: 8-28-2003
Location: Rincon de Guayabitos, Nayarit, Mexico
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Mood: happy and retired
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banamex rates
The Banamex website says their exchange rate for July 2nd. was:
Compra/buy=12.90
Venta/ sell= 13.30........
| Quote: | Originally posted by fishabductor
| Quote: | Originally posted by elskel
From reading the above posts, it looks like only one bank in San Jose is exchanging dollars to pesos. Has anyone else been able to exchange at any
banks? |
banamex, Scotia, and bancnorte, and bancomer all exchange, I believe. However it's been awhile since I have done so.
Last time I exchanged it was 15.6!!!
I use HSBC and they don't exchange.
[Edited on 7-4-2010 by fishabductor] |
I hear the whales song
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fishabductor
Senior Nomad
Posts: 800
Registered: 5-29-2010
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I just read somewhere that the Peso is falling due to the elections and the fact several candidate have been assinated. I think it was on Yahoo news
yesterday, or maybe friday.
Time to by construction materials!!!!
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by fishabductor
several candidates have been assinated |
In public?? OUCH 
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Fact is, Peso vrs. Dollar will always be a give and take thing. The dollar will give a little and the peso will take a little, but the dollar will
rule.
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