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bajabound2005
Ultra Nomad
Posts: 2760
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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1 USD = 13.4935 MXN according to Forex this morning.
Friends don't let friends drink white zinfandel.
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Skeet/Loreto
Ultra Nomad
Posts: 4709
Registered: 9-2-2003
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Just a Note to let all know that there is a New Pemex on the South Side of Viasciano> Just opened and will give you a fair deal instead of charging
an Exchange rate of 9 to 1.
Always get Pesos as soon as you can after crossing the Border and only buy what you need for a couple of Days.
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karenintx
Senior Nomad
Posts: 538
Registered: 3-16-2008
Location: CSL
Member Is Offline
Mood: Living The Dream
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Called Tel-Mex USA a couple of days ago to pay a credit toward our phone bill. Charged $100 USD on our credit card and received $1,313.00 pesos
credit with no service charge for the transaction.
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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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went in to GN to replace a torn sidewall friday and the pemex on the right at the curve before the bank exchanged 10-1. when i told him the bank was
+12-1 and el rosario was 11.5-1 he looked at me like it was putting a knife in his back.
good thing i can afford losing 16 cents on every dollar or it might have been ugly. next time i'll go to the bank BEFORE i pay with my last dollars.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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The Bancomer was giving 13.01 to change dollars to pesos yesterday. The bank officer suggested we wait a few days becasue it was going to go higher.
Sure enough- today it's showing 13.70
The question I have is what's the current $ .80 Canadian "dollar" impact on souther baja? Or do we have to wait for the snow to fly up north to find
out if the snowbirds are coming back to roost this year?
\"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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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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we just came "upstream" and there were NO caravans heading south. just a few random 5th wheelers and trailered boats!
these are the good old days, people!
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bajabound2005
Ultra Nomad
Posts: 2760
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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On Forex right now: 1 USD = 13.8895 MXN
Friends don't let friends drink white zinfandel.
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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 woody in ob
went in to GN to replace a torn sidewall friday and the pemex on the right at the curve before the bank exchanged 10-1. when i told him the bank was
+12-1 and el rosario was 11.5-1 he looked at me like it was putting a knife in his back.
good thing i can afford losing 16 cents on every dollar or it might have been ugly. next time i'll go to the bank BEFORE i pay with my last dollars.
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woody,
I always buy gas with pesos .... it just seems to work out better.
CaboRon
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shari
Select Nomad
Posts: 13048
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline
Mood: there is no reality except the one contained within us "Herman Hesse"
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Si señore...."Ya betta shop around" I got 13.4 today at bAncomer for US $'s. The gas stations and some stores here only give you 10-1. Sure glad I
stashes those dollars for a few months....sure hope the peso doesnt' devalue!...gulp...life is a risk.
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tjBill
Senior Nomad
Posts: 516
Registered: 10-6-2007
Location: Tijuana
Member Is Offline
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The dollar dropped in value today. 
Due to the Federal Reserve's interest rate cute.
1 dollar = 12.859; according to yahoo finance.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by tjBill
The dollar dropped in value today.
Due to the Federal Reserve's interest rate cute.
1 dollar = 12.859; according to yahoo finance. |
The stock market was up 900 yesterday. The rush to the safety of the dollar from other currencies has peaked, that's all. For now. The next shoe to
drop is the consumer credit market, imho.
Other currencies are still in trouble and falling against the dollar. I think the currency market speculators figured there were easier targets than
the peso after Mexico stepped in a few times to prop it up.
\"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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oldlady
Banned
Posts: 1714
Registered: 10-31-2005
Location: BCS
Member Is Offline
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The US did a swap with Brazil, South Korea and Mexico; $30 billion each to prop up those currencies.
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motoged
Elite Nomad
Posts: 6481
Registered: 7-31-2006
Location: Kamloops, BC
Member Is Offline
Mood: Gettin' Better
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Canadian dollar rose about $.04 Wednesday....it's biggest change since the 70's.
BUT, it is down from the high of a year ago when $1.00 Cdn bought about $1.06+ US to where $1 Cdn is presently about $.83 US.....
Good for Canadian trade but terrible for converting to taco purchases 
Don't believe everything you think....
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makana.gabriel
Nomad
Posts: 115
Registered: 1-10-2008
Location: Honolulu
Member Is Offline
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If the exchange rate did hit 16 or even 15, what about buying a new car? Are dealer prices adjusted quickly with each bump? Any veterans out there
who have purchased a new MX car in a past crisis willing to share some tips?
FAITH sees the invisible, believes the incredible, and receives the impossible!
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bajabound2005
Ultra Nomad
Posts: 2760
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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as of this moment: 1 USD=13.9005 MXN
Friends don't let friends drink white zinfandel.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by bajabound2005
as of this moment: 1 USD=13.9005 MXN |
... and Citibank is trading under $4 a share and about to get dumped by the mutual funds that are prevented from holding stoclks under $5 share.
Which is the better buy- pesos or Citibank?
my computer is showing 14.11
[Edited on 11-21-2008 by Woooosh]
\"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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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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Maybe Ford, at about $1.38???
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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
Member Is Offline
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I'll be in Tijuana on Saturday. Where's the best place to buy pesos?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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bajabound2005
Ultra Nomad
Posts: 2760
Registered: 10-15-2005
Location: Punta Banda, BCN
Member Is Offline
Mood: words cannot describe...
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best bet is to use your ATM card at a bank that has a relationship with yours so as not to incur fees. I got 13.9 the other day at Santander which
has a relationship with Bank of America. That day the rate was hovering over 14:1.
Friends don't let friends drink white zinfandel.
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baron
Junior Nomad
Posts: 76
Registered: 1-29-2008
Member Is Offline
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bank exchange
Does anyone know which Mexican bank has a relationship with US Bank?
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