Exchange Rate

Discussion in 'Cancun Forum' started by FIREandTAZ, May 17, 2007.

  1. FIREandTAZ

    FIREandTAZ Regular Registered Member

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    I know this has been asked a dozen times on here but this has more of a twist to it. Here in Canada i went to a currency conversion place and they offered me a rate of 8.3 Pesos for Canadian money and 9.1 pesos for American money. Is this a better rate than they are giving now in the hotel district for exchange rates ? ..and if not..... where is the best place to bring cash and convert it to Pesos down there ?
     
  2. Dawn a.k.a. Maria

    Dawn a.k.a. Maria Newbie Registered Member

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    When I was there in February the rate was 10.50 for American money at BBG.
     
  3. fbjr1

    fbjr1 I can choose my own title Registered Member

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    last week, we got anywhere from 10.5 to 10.9 american to pesos depending where we were.
     
  4. Roy and Marie

    Roy and Marie Guru Registered Member

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    If I'm not mistaken I think Karen had said that the best exchange rate was at the ATM and I believe there is one in the lobby of BBG :D
     
  5. jaynebod

    jaynebod Guest

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    Do not use the hotel to change money. There is an ATM outside the store next door to BBG which gives a good rate .Also accross the road from there , there is a money exchange shop which gives an excellent rate for all currencies
     
  6. gottaski

    gottaski Addict Registered Member

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    +1 for using the ATM. much easier. you must have a four digit pin number that does NOT start with zero.
     
  7. scottydog

    scottydog I can choose my own title Registered Member

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    Does anyone know what the withdrawal fee is from the ATMs? If it's reasonable I'd think about just taking enough out for each day to avoid carrying large amounts of cash around.
     
  8. CancunChica

    CancunChica Guest

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    It was 10.8 today.
     
  9. xoie's omah

    xoie's omah Addict Registered Member

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    We always use ATM when we are there...another word of advise is to make sure you call your bank and let them know you will be in Mexico and the dates, also check if they have extra fees for using your card out of country...mine did if I used ATM but not if I used it as credit card and hubbies did not charge for anything.
     
  10. donna99

    donna99 Enthusiast Registered Member

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    We used the ATM at the store in front of BBG 4 times. Fee was 1 dollar US each time. There is also an ATM in the stores laundry mat . Walk towards back of store on alley side. Had to use it once when the one in front was out of order. It also charged 1 dollar fee.
     
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