BajaNomad
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Pesos vs Dollars right now (US & Canadian)
Just a casual observation I thought I'd share...
Exchange rate is right around 12 to 1 at the moment. However, in hindsight (and I'm not remembering where specifically, but it was multiple places)
when quoted a price in dollars, the peso equivalent was at 10 to 1. So, the restaurant that the bill came to me as $20, they were good with 200
pesos.
I didn't look at the official exchange rate, but it's my understanding that the Canadian $ is now at - or near - 1 to 1 with the USA dollar... and
Canadians are quite pleased with the spending strength of their own dollars right now in Mexico.
fwiw,
-
Doug
When I was young, I admired clever people. Now that I am old, I admire kind people.
– Rabbi Abraham Joshua Heschel
We know we must go back if we live, and we don`t know why.
– John Steinbeck, Log from the Sea of Cortez
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chippy
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The Canadian vs USD is not anything new. As I remember they caught up to us sometime in the summer of 2009.
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BajaBruno
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As of Sunday night, the rate is
1 USD to 12.4 MXN.
1 CAD to 12.5 MXN (rounding to tenths).
Christopher Bruno, Elk Grove, CA.
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durrelllrobert
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| Quote: | Originally posted by chippy
The Canadian vs USD is not anything new. As I remember they caught up to us sometime in the summer of 2009. |
2009 - American Dollars to 1 CAD (invert)
Average Rates
January
0.815604 USD (21 days average)
February
0.802089 USD (20 days average)
March
0.792221 USD (22 days average)
April
0.815189 USD (21 days average)
May
0.867601 USD (21 days average)
June
0.889622 USD (22 days average)
July
0.890819 USD (23 days average)
August
0.919288 USD (21 days average)
September
0.924468 USD (22 days average)
October
0.948794 USD (22 days average)
November
0.943686 USD (21 days average)
December
0.949132 USD (22 days average)
Bob Durrell
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chippy
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Pretty darn close anyway. It was close enough to have my Canadian friends dancing in the streets. Funny thing is I remember in the 80s while traveling
abroad the Canadian dollar was much sronger than the USD. I was constantly reminded by my Canadian girlfriend while we were in OZ and NZ. Its OK
because I made her buy the beers with her overage.
[Edited on 1-3-2011 by chippy]
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Woooosh
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| Quote: | Originally posted by BajaNomad
Just a casual observation I thought I'd share...
Exchange rate is right around 12 to 1 at the moment. However, in hindsight (and I'm not remembering where specifically, but it was multiple places)
when quoted a price in dollars, the peso equivalent was at 10 to 1. So, the restaurant that the bill came to me as $20, they were good with 200
pesos.
I didn't look at the official exchange rate, but it's my understanding that the Canadian $ is now at - or near - 1 to 1 with the USA dollar... and
Canadians are quite pleased with the spending strength of their own dollars right now in Mexico.
fwiw,
-
Doug |
When they charge 10:1 is the 20% you gave up when they scalped you on the exchange rate the tip?
\"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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mulegejim
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Location: San Clemente, CA/Mulege, BCS
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| Quote: | Originally posted by Woooosh
| Quote: | Originally posted by BajaNomad
Just a casual observation I thought I'd share...
Exchange rate is right around 12 to 1 at the moment. However, in hindsight (and I'm not remembering where specifically, but it was multiple places)
when quoted a price in dollars, the peso equivalent was at 10 to 1. So, the restaurant that the bill came to me as $20, they were good with 200
pesos.
I didn't look at the official exchange rate, but it's my understanding that the Canadian $ is now at - or near - 1 to 1 with the USA dollar... and
Canadians are quite pleased with the spending strength of their own dollars right now in Mexico.
fwiw,
-
Doug |
When they charge 10:1 is the 20% you gave up when they scalped you on the exchange rate the tip? |
I believe it was the other way around 200 pesos was twenty dollars in other words if you had a bill for 200 pesos they would accept twenty dollars -
you just lost about 20% for not paying in pesos. Jim
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BajaNomad
Super Administrator
Posts: 5006
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Location: San Diego, CA
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| Quote: | Originally posted by mulegejim
| Quote: | Originally posted by Woooosh
| Quote: | Originally posted by BajaNomad
Just a casual observation I thought I'd share...
Exchange rate is right around 12 to 1 at the moment. However, in hindsight (and I'm not remembering where specifically, but it was multiple places)
when quoted a price in dollars, the peso equivalent was at 10 to 1. So, the restaurant that the bill came to me as $20, they were good with 200
pesos.
I didn't look at the official exchange rate, but it's my understanding that the Canadian $ is now at - or near - 1 to 1 with the USA dollar... and
Canadians are quite pleased with the spending strength of their own dollars right now in Mexico.
fwiw,
-
Doug |
When they charge 10:1 is the 20% you gave up when they scalped you on the exchange rate the tip? |
I believe it was the other way around 200 pesos was twenty dollars in other words if you had a bill for 200 pesos they would accept twenty dollars -
you just lost about 20% for not paying in pesos. Jim |
Some people quoted me prices in dollars. Examples: $20, $35, etc. When I asked what the price was in pesos, it was then 200 pesos, or 350 pesos,
etc. With an exchange rate of 12:1, the original quotes (in dollars) were for the equivalent of 240 pesos, or 420 pesos, etc.
Guess I didn't explain this very well.
[Edited on 1-4-2011 by BajaNomad]
When I was young, I admired clever people. Now that I am old, I admire kind people.
– Rabbi Abraham Joshua Heschel
We know we must go back if we live, and we don`t know why.
– John Steinbeck, Log from the Sea of Cortez
https://www.regionalinternet.com
Affordable Domain Name Registration/Management & cPanel Web Hosting - since 1999 |
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Leo
Senior Nomad
Posts: 518
Registered: 9-23-2004
Location: Todos Santos
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It can be confusing, but a sure thing is, Canadians are happy. And so am I. Today above par!
The grass is always greener....
and so, there is always a better spot in Baja
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Marc
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I always pay in pesos.
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dtutko1
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Registered: 8-26-2009
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How come I peso much?
Dorado Don
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woody with a view
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gotta peso?
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mulegejim
Nomad
Posts: 470
Registered: 9-4-2006
Location: San Clemente, CA/Mulege, BCS
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| Quote: | Originally posted by BajaNomad
| Quote: | Originally posted by mulegejim
| Quote: | Originally posted by Woooosh
| Quote: | Originally posted by BajaNomad
Just a casual observation I thought I'd share...
Exchange rate is right around 12 to 1 at the moment. However, in hindsight (and I'm not remembering where specifically, but it was multiple places)
when quoted a price in dollars, the peso equivalent was at 10 to 1. So, the restaurant that the bill came to me as $20, they were good with 200
pesos.
I didn't look at the official exchange rate, but it's my understanding that the Canadian $ is now at - or near - 1 to 1 with the USA dollar... and
Canadians are quite pleased with the spending strength of their own dollars right now in Mexico.
fwiw,
-
Doug |
When they charge 10:1 is the 20% you gave up when they scalped you on the exchange rate the tip? |
I believe it was the other way around 200 pesos was twenty dollars in other words if you had a bill for 200 pesos they would accept twenty dollars -
you just lost about 20% for not paying in pesos. Jim |
Some people quoted me prices in dollars. Examples: $20, $35, etc. When I asked what the price was in pesos, it was then 200 pesos, or 350 pesos,
etc. With an exchange rate of 12:1, the original quotes (in dollars) were for the equivalent of 240 pesos, or 420 pesos, etc.
Guess I didn't explain this very well.
[Edited on 1-4-2011 by BajaNomad] |
Great - I don't think I have ever be that lucky. Jim
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