So is it really better to exchange my dollars into pesos? and also when i land into cancun is there an exchange place nearby?
When you get to Cancun, definitely exchange your money into pesos. We actually just exchanged our money at our hotel, usually had a decent rate to do it, and we seemed to "save" more money this year on our trip. I kept wondering why we had extra money and came home with money this trip, and it was because the exchange rate was so great. (US money)
I think it's better to come with a little US cash, for tipping at the airport and shuttles, and then go to an ATM and get Peso's. You get the best rate from the ATM vs the hotel or the exchanges. It's good to tip the bartenders and such in USD as they can get more peso's back.
wow thank you guys! i'll be flying into cancun tomorrow!! any other last tips? I didnt get to order a map in time .... so hopefully i can pick one up at the airport! so I think i will definitely exchange for pesos... I'll be staying at the Hyatt Regency... I'm assuming all hotels have ATMs or the airport?