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dmpannke

Converting to Pesos

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Just curious, we are traveling on Carnival Miracle to Mexican Riviera.  If we wanted to get some pesos, where is best place to do that?  Does the ship do that? 

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Hi,

You don't really need pesos in that area of Mexico.

IF you want some you never want to change money on any ship!!

You can get pesos from an ATM in Mexico or you can use a Cambio(change desk) in any Mexican city. You could also get some in your home town from a bank that offers currency changing facilities.

"Best place" depends on the fees that your own ATM card bank will charge or not charge.

I have a card that doesn't charge any fees for using foreign ATMs.

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If you're a AAA member, check with them.  Here in WA state, for our last Mexico cruise if you bought at least $200 USD worth of pesos, there was no transaction fee.

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1 hour ago, 57redbird said:

If you're a AAA member, check with them.  Here in WA state, for our last Mexico cruise if you bought at least $200 USD worth of pesos, there was no transaction fee.

No fee, but what was the conversion rate...a bad rate is the same as charging fees, or perhaps worse, depending on the exchange rate and the amount exchanged.

 

"No fees" is very misleading...

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41 minutes ago, CruiserBruce said:

No fee, but what was the conversion rate...a bad rate is the same as charging fees, or perhaps worse, depending on the exchange rate and the amount exchanged.

 

"No fees" is very misleading...

I can't remember but it was decent....in the past we exchanged money at a Cambrio in Puerto Vallarta  ---- got our pesos but the ATM kept hubby's card ---- thank heaven mine was still usable.  Also learned our lesson to not exchange money at one of the places at the airport ---- horrible exchange rate both coming & going.

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In Mexico, there is a chain of stores names OXXO -- these are like 7-11s in the States.  I sometime pay for snacks/sodas at OXXO with a US$20 and take my change in pesos.  They use a "decent" exchange rate of 18 pesos per US$1.  Although the official exchange rate is about 19.10, OXXO is fee-free.  My US$20 is treated as 360 pesos, instead of 382, a cost to me of US$1.15 for the exchange.  The OXXO cash register is set up to work with US$.

 

If I want to change US$100, I use a money changer.  But OXXO is just as good.

 

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Also Walmart gives a good exchange rate. However of course they donot change US$ 50 or higher when you buy a small item. It is a service they are not a bank.

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