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Author: Subject: PESO GOING TO 17
lizard lips
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[*] posted on 8-21-2015 at 11:52 AM


It took almost three weeks but it is now 17.
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SFandH
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[*] posted on 8-21-2015 at 01:22 PM


Quote: Originally posted by soulpatch  


when we first moved to Mexico, it was 9.5:1...... I have had a pretty substantial pay raise since then if you look at that.



Well, let's see. (17 - 9.5) / 9.5 * 100 = a 79% increase in buying power if the arithmetic is right, less peso inflation. That's the way things work out, right?

Nice

[Edited on 8-21-2015 by SFandH]
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StuckSucks
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[*] posted on 8-21-2015 at 01:47 PM


Wait for it ... wait for it ...





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AguaDulce
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[*] posted on 8-21-2015 at 06:17 PM


I got 15.95 today at Bank of America for my trip next week. Ordered it online and then stopped by to pick up. I like to leave with pesos . Are there better rates NOB?
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Hook
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[*] posted on 8-21-2015 at 09:44 PM


I have a new Capital One Visa Rewards card and used it at a Home Depot down here for the first time. RUSHED back home (well, you know how anal I am about this!) to see what I got. 16.62 with no intl fees. And it earns points of some kind. Very pleased with that rate.

I cant use it for cash at an ATM without it being considered a cash advance but we are going to start using this for everything; paying the utilities, purchases at stores, etc. It will reduce our need for carrying cash. This is not tied to a bank account; simply a credit card.
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tecatero
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[*] posted on 8-22-2015 at 04:28 AM


As am getting ready to exchange a large sum of USD into my Banamex peso account, I read that the slide will continue for the following weeks, possibly hitting 18 sooner than later............Im not greedy after all those years at 10 to 1, but this is getting crazy
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Santiago
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[*] posted on 8-22-2015 at 06:34 AM


Anyone remember buying a meal for $80,000 pesos? I do. My father got hooked by the Mexican banks paying 15% interest if you opened an account with dollars that was then converted to pesos. His $15k 'merican went 'poof'. It's really 17,000 to 1. Those were some crazy days.



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Bob and Susan
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[*] posted on 8-22-2015 at 08:19 AM


yesterday the cambios at the border were 16 to the dollar
no commission

the rate drops as you get further south...all the way down to 13.8

if you are building this winter its time to convert dollars to pesos




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Ryan
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[*] posted on 9-1-2015 at 12:06 PM


Everywhere I looked around San Ysidro yesterday was selling at around 16.5
Still haven't seen the elusive 17
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Bob and Susan
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[*] posted on 9-1-2015 at 12:47 PM


selling (the high number 16.5) is for pesos to the dollar

the lower number (maybe 16) is dollars to pesos




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larryC
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[*] posted on 9-1-2015 at 01:43 PM


Yesterday returning from BoLA the Pemex stations in San Filipe were giving 16.5 to the dollar and I got 16.62 at the atm and that was after deducting the small fee they charge. I also stayed at the Blue Sky motel and they wanted $45 or 500P for the room. I chose the 500P option. Nice room for a little over $30, clean and air conditioned. The restaurant next door was good also.



Off grid, 12-190 watt evergreen solar panels on solar trackers, 2-3648 stacked Outback inverters, 610ah LiFePo4 48v battery bank, FM 60 and MX60 Outback charge controllers, X-240 Outback transformer for 240v from inverters, 6500 watt Kubota diesel generator.
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bajabuddha
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[*] posted on 9-1-2015 at 08:37 PM


:yawn:



I don't have a BUCKET LIST, but I do have a F***- IT LIST a mile long!

86 - 45*

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