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bajadock
Super Nomad
Posts: 1219
Registered: 12-20-2006
Location: Punta sur de \'Nada
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Peso Lighter?
12.488p to $1USD today.
Nomad financial gurus(I think there are only about 7,655 of you)...any predictions?
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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When the Dollar weakens, the Peso rises. The dollar isn't getting more weak....actually stronger against currencies around the world.....especially
some European money.
Wait two days and buy Pesos or.....wait two days and buy a boatload of Pacifico.
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grace59
Senior Nomad
Posts: 614
Registered: 9-14-2004
Location: San Felipe, Baja, Mexico
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| Quote: | Originally posted by DENNIS
Wait two days and buy Pesos or.....wait two days and buy a boatload of Pacifico. |
Let's see...if you buy Pesos you could risk peeing your money away...on the other hand if you buy Pacifico... ...well then you're guaranteed to pee your money away...but there's less anxiety over the entire transaction!!!
Whenever I hear that rainy, chill wind blow. I think it may be time to head for Mexico. Tengo que obedecer mi corazon!
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Marc
Ultra Nomad
Posts: 2802
Registered: 5-15-2010
Location: San Francisco & Palm Springs
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Mood: Waiting
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I am waiting to kick butt on the Euro.
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elgatoloco
Ultra Nomad
Posts: 4346
Registered: 11-19-2002
Location: Yes
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I predict that this weekend I will be spending some pesos on tacos, beer & tequila in Baja!  
MAGA
marooons Are Governing America
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Bajajorge
Ultra Nomad
Posts: 2604
Registered: 10-13-2005
Location: Topaz Lake, NV/San Felipe
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Back in early 2009 the Peso was about 15.3 to 1 USD. The street vendors were still working on 10 to 1. Life was really good in Baja.
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beercan
Senior Nomad
Posts: 670
Registered: 4-3-2005
Location: North of da Bear
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Mood: happy to be in Baja
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Never even made it to 15 ....
2009 - Mexican Pesos to 1 USD (invert)
Average Rates
January
13.8845 MXN (21 days average)
February
14.5918 MXN (20 days average)
March
14.6716 MXN (22 days average)
April
13.4491 MXN (21 days average)
May
13.216 MXN (21 days average)
June
13.3289 MXN (22 days average)
July
13.356 MXN (23 days average)
August
13.0059 MXN (21 days average)
September
13.4096 MXN (22 days average)
October
13.2209 MXN (22 days average)
November
13.1073 MXN (21 days average)
December
12.8514 MXN (22 days average)
change target currency by clicking on list at right
| Quote: | by bajajorge
| Quote: | | Back in early 2009 the Peso was about 15.3 to 1 USD. The street vendors were still working on 10 to 1 |
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* libs, all about choice until you choose different
* B. Hussein Obama - an Empty Suit for Empty Minds.
* Annoy a liberal - Work hard and be happy!
* Arguing facts & truth to libs is like bringing a warm smile to a gun fight.
* Lets win the War on Terror
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bajamigo
Super Nomad
Posts: 1218
Registered: 6-17-2006
Location: Punta Banda, BC
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Mood: hubimos llegado
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| Quote: | Originally posted by bajadock
12.488p to $1USD today.
Nomad financial gurus(I think there are only about 7,655 of you)...any predictions? |
Trees don't grow to the sky.
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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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If you can remember back that far, the EURO was originally designated as ONE US DOLLAR = ONE EURO. But the the US economy took a dump and the EURO
went as high as $1.75 U.S per EURO. It's been fluctuating ever since.
| Quote: | Originally posted by Marc
I am waiting to kick butt on the Euro. |
Udo
Youth is wasted on the young!
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Bajajorge
Ultra Nomad
Posts: 2604
Registered: 10-13-2005
Location: Topaz Lake, NV/San Felipe
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| Quote: | Originally posted by beercan
2009 - Mexican Pesos to 1 USD (invert)
Average Rates
January
13.8845 MXN (21 days average)
February
14.5918 MXN (20 days average)
March
change target currency by clicking on list at right
| Quote: | by bajajorge
| Quote: | | Back in early 2009 the Peso was about 15.3 to 1 USD. The street vendors were still working on 10 to 1 |
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Don't remember exact month, could have been 2008(CRS) , but at Bancomer in San
Felipe I got 15.3 to 1 when I did a $500USD exchange.
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beercan
Senior Nomad
Posts: 670
Registered: 4-3-2005
Location: North of da Bear
Member Is Offline
Mood: happy to be in Baja
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2008 was even less --I have never seen 15 to 1
unless you are talking about the '80's?
Average Rates
January
10.9076 MXN (23 days average)
February
10.7678 MXN (21 days average)
March
10.7328 MXN (21 days average)
April
10.5146 MXN (22 days average)
May
10.4361 MXN (22 days average)
June
10.3269 MXN (21 days average)
July
10.2163 MXN (23 days average)
August
10.111 MXN (21 days average)
September
10.6466 MXN (22 days average)
October
12.6686 MXN (23 days average)
November
13.1085 MXN (20 days average)
December
13.4133 MXN (23 days average)
* libs, all about choice until you choose different
* B. Hussein Obama - an Empty Suit for Empty Minds.
* Annoy a liberal - Work hard and be happy!
* Arguing facts & truth to libs is like bringing a warm smile to a gun fight.
* Lets win the War on Terror
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wiltonh
Nomad
Posts: 306
Registered: 2-2-2007
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It was in December or January of 2008/09 and I got 15 to 1 in La Paz.
The issue is the data that you are using. It is the 20 plus day average. As I remember, it was only that high for a few days so an average would not
work.
Here is another way to look at the data. Go to Google and put in "Dollars to Peso". A graph will show up that shows the Peso went above 15 near the
end of 2008 or the beginning of 2009.
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beercan
Senior Nomad
Posts: 670
Registered: 4-3-2005
Location: North of da Bear
Member Is Offline
Mood: happy to be in Baja
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These came from the forex chart ....
2008-11-28 November 28, Friday 13.39 MXN
2008-12-01 December 01, Monday 13.57 MXN
2008-12-02 December 02, Tuesday 13.4653 MXN
2008-12-03 December 03, Wednesday 13.55 MXN
2008-12-04 December 04, Thursday 13.51 MXN
2008-12-05 December 05, Friday 13.8002 MXN
2008-12-08 December 08, Monday 13.465 MXN
2008-12-09 December 09, Tuesday 13.5055 MXN
2008-12-10 December 10, Wednesday 13.4665 MXN
2008-12-11 December 11, Thursday 13.091 MXN
2008-12-12 December 12, Friday 13.53 MXN
2008-12-15 December 15, Monday 13.3055 MXN
2008-12-16 December 16, Tuesday 13.223 MXN
2008-12-17 December 17, Wednesday 13.17 MXN
2008-12-18 December 18, Thursday 13.1888 MXN
2008-12-19 December 19, Friday 13.1225 MXN
2008-12-22 December 22, Monday 13.183 MXN
2008-12-23 December 23, Tuesday 13.221 MXN
2008-12-24 December 24, Wednesday 13.33 MXN
2008-12-25 December 25, Thursday 13.33 MXN
2008-12-26 December 26, Friday 13.365 MXN
2008-12-29 December 29, Monday 13.5225 MXN
2008-12-30 December 30, Tuesday 13.76 MXN
2008-12-31 December 31, Wednesday 13.832 MXN
2009-01-02 January 02, Friday 13.8265 MXN
* libs, all about choice until you choose different
* B. Hussein Obama - an Empty Suit for Empty Minds.
* Annoy a liberal - Work hard and be happy!
* Arguing facts & truth to libs is like bringing a warm smile to a gun fight.
* Lets win the War on Terror
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durrelllrobert
Elite Nomad
Posts: 7393
Registered: 11-22-2007
Location: Punta Banda BC
Member Is Offline
Mood: thriving in Baja
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right or wrong, who shives a git?
Bob Durrell
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J.P.
Super Nomad
Posts: 1673
Registered: 7-8-2010
Location: Punta Banda
Member Is Offline
Mood: Easy Does It
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I was in Mexico back in 78 or 79 cant rember which, then the peso went from 10 to one to 22 to one people were jumping out of windows, there were
lines for block around the banks,merchants had not figured out the exchange rate, it was a real circus
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ncampion
Super Nomad
Posts: 1238
Registered: 4-15-2006
Location: Loreto
Member Is Offline
Mood: Retired and Loving it
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| Quote: | Originally posted by wiltonh
It was in December or January of 2008/09 and I got 15 to 1 in La Paz.
The issue is the data that you are using. It is the 20 plus day average. As I remember, it was only that high for a few days so an average would not
work.
Here is another way to look at the data. Go to Google and put in "Dollars to Peso". A graph will show up that shows the Peso went above 15 near the
end of 2008 or the beginning of 2009. |
I have to agree with this. Around that time we were building our house down here and transfering money down on a regular basis. I remember that for
a breif time the Peso went up to 15:1 and I immediately wire transferred down $50,000 USD. Made a couple thou on the deal. I would have to look up
my records to see the exact date, but I do remember it - we went out to an expensive dinner that day.
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ncampion
Super Nomad
Posts: 1238
Registered: 4-15-2006
Location: Loreto
Member Is Offline
Mood: Retired and Loving it
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| Quote: | Originally posted by DENNIS
When the Dollar weakens, the Peso rises. The dollar isn't getting more weak....actually stronger against currencies around the world.....especially
some European money.
Wait two days and buy Pesos or.....wait two days and buy a boatload of Pacifico. |
It's actually just the opposite. When the dollar is strong agains the Peso, you can "buy" more Pesos per dollar. I'm sure this is only a temporary
rise in the dollar, as everyone knows (especially S&P) that the dollar is in trouble.
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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 ncampion
| Quote: | Originally posted by DENNIS
When the Dollar weakens, the Peso rises. |
It's actually just the opposite. When the dollar is strong agains the Peso, you can "buy" more Pesos per dollar. I'm sure this is only a temporary
rise in the dollar, as everyone knows (especially S&P) that the dollar is in trouble. |
I thought that was what I said. I should have said, "The Peso rises in value when the dollar weakens against it."
All very confusing stuff. I'm probably still wrong.
I'm going to Sharky's to give it some serious thought.
SALUD
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woody with a view
PITA Nomad
Posts: 15939
Registered: 11-8-2004
Location: Looking at the Coronado Islands
Member Is Offline
Mood: Everchangin'
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burp....
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wiltonh
Nomad
Posts: 306
Registered: 2-2-2007
Member Is Offline
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Okay I was slightly off on the dates.
It was Monday March 2 2009 and the exchange rate was 15.2764 to one.
Go look it up.
Wilton
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