lookingandbuying
Nomad
Posts: 102
Registered: 3-15-2010
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Peso
Today 13.04 looks like it is limping lower against the dollar. Where does everyone think the Peso will go from here
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Udo
Elite Nomad
Posts: 6364
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
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Mood: TEQUILA!
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When the US Dollar gains against the Euro, and oil prices drop...the Mexican Peso drops also.
Probably will for the next few months.
Udo
Youth is wasted on the young!
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DENNIS
Platinum Nomad
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Registered: 9-2-2006
Location: Punta Banda
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The Peso has been hanging out in the 12.00----13.00 range for quite a while now. I try to ignore it as a motivator in my life.
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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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where will it go from here?
| Quote: | Originally posted by lookingandbuying
Today 13.04 looks like it is limping lower against the dollar. Where does everyone think the Peso will go from here |
It will either go up or down..................
I hear the whales song
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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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| Quote: | Originally posted by bajagrouper
| Quote: | Originally posted by lookingandbuying
Today 13.04 looks like it is limping lower against the dollar. Where does everyone think the Peso will go from here |
It will either go up or down.................. |
or away.
Last week we got a rate of 12.80 at Bancomer when the best internet rates were only showing around 12.50. Never had that happen before. Maybe the
banks needed dollars that day for a change.
\"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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Mexicorn
Senior Nomad
Posts: 772
Registered: 9-15-2009
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Is it me or does this happen every year around this time?
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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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According to Yahoo Finance
52wk Range: 12.1330 - 13.8150
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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I remember when it was closing in on 14 we were rooting for 15... yup a year ago.
\"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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postholedigger
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I miss those days...
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DavidE
Ultra Nomad
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Location: Baja California México
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Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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¿Cuanto le cobro una llanta para mi camioneta?.
"Aiiii, son caros señor! Dos cientos mil algo que treinta o cuarenta. no se!"
Took a full ten seconds to scan a cash register total and let it sink in.
A peso at twenty to one does little good if four liters of gasoline should cost eighty.
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Marc
Ultra Nomad
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Location: San Francisco & Palm Springs
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| Quote: | Originally posted by bajagrouper
| Quote: | Originally posted by lookingandbuying
Today 13.04 looks like it is limping lower against the dollar. Where does everyone think the Peso will go from here |
It will either go up or down.................. |
It is what it is.
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GEMcC5150
Junior Nomad
Posts: 56
Registered: 10-4-2007
Location: San Ignacio BCS
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It goes up it go down. When we moved to Mexico it was at 10 to 1. It is what it is.
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MitchMan
Super Nomad
Posts: 1856
Registered: 3-9-2009
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Dennis has the best philosophy of not letting the exchange rate be a motivator. He's right. Just wish I could change my thinking on it. I
religiously track the rate every day.
Seems that Bancomer is about one to two days behind the internet rate changes sometimes when you are trying to buy pesos. When I pull pesos out of
Santander from a BofA account, the exchange rate is usually only about $0.12 centavos lower than the internet rate - pretty darn good. Also,
merchants are about 2 - 4 days behind internet rate changes as well.
Had some work done on my boat recently and was able to save about $50 USD by playing the exchange rate game.
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