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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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| Quote: | Originally posted by Cliffy
Still asking for a good answer- How about the bank and not the ATM to avoid ATM fees? I haven't been down in decades but will be going in 4 or 5
weeks. Would before the border be as good as banks after crossing? |
I have lived in Baja over 10 years most Banks will not accept Foreign Money unless you have a account there.
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CakedecT
Junior Nomad
Posts: 29
Registered: 1-28-2014
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I go to the HSBC ATM inside Calimax or Soriana grocery store. I get the max $6000 pesos, because I get charged $3 per withdrawal. Good exchange rate,
yesterday $13.24 pesos per dollar. Also safe inside the store.
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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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Today, according to the XE currency converter web site, the Dollar against the Mexican Peso is 1:13.34
http://www.xe.com/currencyconverter/convert/?Amount=1&Fr...
After doing some shopping in Ensenada, The rate today at COSTCO is 1:13.15 and at several Cambios it is 1:12.95
I guess you just have to balance out the cut the Cambios take even though they say "no commission" to what your ATM fees are
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by bajaguy
I guess you just have to balance out the cut the Cambios take even though they say "no commission" to what your ATM fees are |
Their cut is normally, if they are competitive, 2% below the bank rate.
Gawwwdammmm.........just buy a handful of the fun-tickets and go. there are other things to worry about....like gas prices.
Today at my local Pemex, Magna was 12.41 per liter. It went up again yesterday and it promises to go up on the first of every month.
Anybody have the formula to figure that out with the now dollar price paying 13.3485?
"YOU CAN'T LITTER ALUMINUM"
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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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PEMEX Prices
From ensenada.net:
Get ready for the second gasolinazo 2014
Magna, Premium and Diesel 9 cents more per liter.
Article posted January 31, 2014
by Elizabeth Vargas
This Saturday, February 1st, a new gasolinaza affect the battered finances of Baja California.
According to official information the Magna gasoline ranges from 12.32 to 12.41 pesos per liter, which implies an increase of 9 cents.
Premium gas, will increase from 12.90 to 13.01 pesos per liter of fuel.
While diesel 12.73 to 12.84 pesos per liter.
This is the second monthly increase on fuel that will be over and 2014 will be nine cents on the first Saturday of each month.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by bajaguy
According to official information the Magna gasoline ranges from 12.32 to 12.41 pesos per liter, which implies an increase of 9 cents.
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I guess that means centavos.
Thanks, Terry. Can you figure the dollar price so we can compare with stateside?
I'm just curious.
"YOU CAN'T LITTER ALUMINUM"
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Sandlefoot
Nomad
Posts: 220
Registered: 10-31-2011
Location: La Paz
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Mood: Home
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by bajaguy
According to official information the Magna gasoline ranges from 12.32 to 12.41 pesos per liter, which implies an increase of 9 cents.
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I guess that means centavos.
Thanks, Terry. Can you figure the dollar price so we can
compare with stateside?
I'm just curious. |
At the exchange rate of 13.356 and a liter at 12.41 it works out to 3.5173 a gal. It is slowly getting higher than places in the U.S.
Happy Trails
" Don't find fault, find a remedy; anyone can complain." Henry Ford
If you are not living on the edge...you are taking up to much space!
Just because it may not be a good idea does not mean it will not be fun!!!
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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 Sandlefoot
At the exchange rate of 13.356 and a liter at 12.41 it works out to 3.5173 a gal. It is slowly getting higher than places in the U.S.
Happy Trails |
Thanks for doing the math.
"YOU CAN'T LITTER ALUMINUM"
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Phil S
Super Nomad
Posts: 1205
Registered: 10-28-2003
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Mood: After 34 years. Still in love w/ my wife
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For you frequent travelers and those that aren't frequent, years ago I learned it's less "frustrating" to get the peso's before you go down. We go to
Wells Fargo where ever we are before "going in", and no hassle. Yes, they like you to be a customer, but also being a stock holder also works. Just
find a bank in your town that doesn't charge you an exchange fee before going south.
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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 Phil S
For you frequent travelers and those that aren't frequent, years ago I learned it's less "frustrating" to get the peso's before you go down. We go to
Wells Fargo where ever we are before "going in", and no hassle. Yes, they like you to be a customer, but also being a stock holder also works. Just
find a bank in your town that doesn't charge you an exchange fee before going south. |
Good idea.
And...let's not forget the convenient Casa De Cambio in Costco on Broadway in Chula Vista. Everybody needs a Costco visit before a trip south.
"YOU CAN'T LITTER ALUMINUM"
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