What is the cheapest way to exchange US money for Mexican Peso's? Is it cheaper at the airport or on the boat. We will be cruising on the Elation this Sunday and it is to late to go to our local bank and do the exchange as it takes a week for them to get the Peso's.We would like at least a little bit of Peso's for taxi and bus fare once in Mexico.
Actually don't need to worry about that. Dollars are widely accepted. The change may be in pesos and you can spend those for taxi's and coctails before you get back to the Elation. Its a fun ship. Happy sailing. Rix
The exchange rate used locally in Matzalan or Pueto Vallarta is usually 9 pesos to a dollar. The taxi drivers all take US dollars preferring these to pesos. Be sure to get a price the taxi driver before getting into the cab.
In Puerto Vallarta you usually can take a van into town, and these fares may be posted in US dollars. To get back to the ship you may have to take a taxi and do not be frightened if the taxi driver takes a different route back to the ship than the one you took into town.
In Matzalan stay away for the small open cabs that look like modified
golf carts. They drive like mad no matter what mode of conveyance you take but taking one of these carts is like "Mr. Toad's Wild Ride."
In Mexico try to use a can with as many other passengers-never alone especially if you are a female. If you buy anything expensive you may be better off using a credit card, if your credit card does not make an exchange rate surcharge..
The absolute best exchange rate will be at a bank.
As others have noted, US dollars are almost universally accepted at tourist destinations in Mexico. The exchange rate in restaurants, etc. may not be as favorable as at a bank, but you're only talking pennies. Don't take away valuable vacation time trying to shave a few pesetas.
If you get a check in pesos (say, a restaurant) just ask for the number in US.