DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
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Peso Devalues 100%
Inocente Palomita...
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djh
Senior Nomad
Posts: 936
Registered: 1-2-2005
Location: Earth mostly. Loreto, N. ID, Big Island
Member Is Offline
Mood: Mellow fellow, plays a yellow cello...
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April Fool . . . .
Not my kind of joke,
but.....
got my attention until I realized what day it is.....
I was in Mexico (88/89 ?) when the peso was devalued and it created a mess and lots of hardship for so many Mexican people, families, businesses . . .
Its all just stuff and some numbers.
A day spent sailing isn\'t deducted from one\'s life.
Peace, Love, and Music
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sancho
Ultra Nomad
Posts: 2524
Registered: 10-6-2004
Location: OC So Cal
Member Is Offline
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Reminds me of, back in the day, 2500 pesos to the
dollar, maybe more, '83 or so, one didn't cash in
more than a few dollars at a time, because of inflation
in Mex. I saw a photo from 2006, peso was 10.80,
it hasn't moved much
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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It's 11.83 to 1 at this moment. Down [or up...depending how you look at it] about 8% from less than a year ago.
I don't feel like researching exact times or numbers, but I'm in the ballpark.
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irenemm
Senior Nomad
Posts: 623
Registered: 7-16-2009
Location: vicente guerrero, baja
Member Is Offline
Mood: relaxed
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11.83 is good here in town they are giving 11.29 at the casa de cambio
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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 irenemm
11.83 is good here in town they are giving 11.29 at the casa de cambio |
Cambios charge an extra 2%, mas o menos. Money launderers have to do something to at least look legitimate. 
The 11.83 is the official rate. Banks charge fees too so nothing is what it seems. It's best, for me anyway, not to worry about it.
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Timo1
Senior Nomad
Posts: 756
Registered: 11-2-2007
Location: Homeless
Member Is Offline
Mood: Lovin every minute of it
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Wonder what the Iraqui dinar will do...Will make MANY happy
sold out and got out !!!
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Frank
Senior Nomad
Posts: 861
Registered: 6-5-2005
Location: San Diego
Member Is Offline
Mood: Is it time to leave yet?
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| Quote: | Originally posted by Timo1
Wonder what the Iraqui dinar will do...Will make MANY happy |
Im sitting on a fortune
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Paladin
Nomad
Posts: 164
Registered: 3-25-2006
Member Is Offline
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Irakie Dinar???
You mean there are some other genius's in that investment??
Oh well, me too 
$4 million of that goofy fools gold.
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