how much do things cost?

Discussion in 'Cancun Forum' started by jenn4u2nv, Jul 29, 2010.

  1. GONZO

    GONZO Guru Registered Member

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    Just think in terms of $100 peso's equals pretty close to $8.00 USD.

    12.5 pesos to 1 dollar.

    25 pesos to 2 dollars ect.
     
  2. jenn4u2nv

    jenn4u2nv Enthusiast Registered Member

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    Hey that does make it easier!! thanks!
     
  3. T.J.

    T.J. I can choose my own title Registered Member

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    It was easier when the peso to dollar was $!0 to $1, right Gonzo.

    Another way Jenn could figure in her head would be just using a 10 to 1 ratio and then knowing it was a little cheaper than that.

    So $100 pesos would be $10 but a little cheaper, although as Gonzo says, at $12.50 it would be really $8.

    The fly in the ointment is the changing rate. The dollar is falling in the world currency market (thanks a lot Obama) and yesterday the bank rate at Banamex.com opened at $12.30 and closed at $12.24 (pesos per $1USD). I don't do the Cambios (casa de cambio) but they will be less than the bank rate. Last I checked they were about $.20 less, so we are now talking about $12 pesos for $1USD. Your hotel rate should be better than the Cambio rate.

    But it is still pretty simple to just divide by 10 and figure it is a bit less than that.

    God Bless America.
     
  4. GONZO

    GONZO Guru Registered Member

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    Ya I liked that 10 to 1 exchange TJ. But the 12.85 to 1 is fun for a margarita filled brain! Jeje.
     
  5. jenn4u2nv

    jenn4u2nv Enthusiast Registered Member

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    no worries guys...mt grandpa jsut got back from Mexico and brought me back 1200 pesos. so that should get me started anyway! THANKS FOR ALL THE HELP!! ONLY 24 DAYS TO GO!!!
     
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