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-- GTQ
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August 13, 2024

Where can I change dollars?

Ignacio Remuiñan
Sr. Growth Manager
, Félix
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Nowadays, owning dollars in Latin America is very common. Often, some people choose this currency as a mode of investment or to protect their savings from phenomena such as inflation.

Other times, the dollar is earned through work: either by working directly in the United States and sending the money, or by exporting products and services abroad.

Either way, you'll probably need to change dollars into Mexican pesos. Here we tell you everything about where to change dollars and what you should keep in mind at the moment.

Where can I change dollars?

El Dollar It is the reference currency in the world, and one of the most traded currencies worldwide. In Latin America, it's very common for people who can save to buy dollars so that their money outperforms their local currency.

But there are also professionals who buy dollars by exporting goods or services, and professionals who immigrate to the United States and send dollars to their families. On the other hand, there are also tourists, who travel with physical dollars or in the bank, and when they return, they want to exchange them for their local currency.

If for any of these reasons, you need Change dollars in Mexico, we recommend some places you can go to. Remember Consult with your professional or trusted agent before carrying out any operation with your money.

Banks

Banco Azteca, Citibanamex or Afrime These are some of the banks where you can currently exchange dollars in Mexico at a good exchange rate. Banks will always be the safer and more reliable option, since they are backed and in turn controlled by other State institutions.

Airports

Las opinions about the airport are very varied. There are those who think that there you can find the best exchange rate to exchange dollars into pesos, and there are also those who say that exchange offices at the airport are not the best option, and it is necessary to get out of there to find better opportunities.

Automated Teller Machines

You can exchange dollars by withdrawing pesos in the ATM, but the best option is to do it at an ATM that belongs to your own bank. Exchange rates are usually competitive, although you should know that you will be charged a commission.

Exchange houses

Outside the airports they can also be found exchange offices authorized by the government to be able to trade currencies safely and reliably.

Above all else, when it comes to changing dollars you should keep in mind that you have to go to places that are insurances, to avoid the risk of suffering scams or fraud and to be able to take care of your money.

Mexican pesos to dollars exchange rate

La exchange rate The ratio of Mexican pesos to the dollar may vary depending on different factors, such as U.S. federal reserve policies, the inflow or outflow of dollars into the country, or foreign investment.

Currently, the official exchange rate is 18.64 pesos to the dollar. Using Félix Pago To send dollars from the U.S. to Mexico, you take an exchange rate of 18.68 pesos per dollar.

In addition, If you send money with Félix, are you going to operate at a very low costs. For each deposit or bank transfer, you'll pay only $2.99 dollars, and for each cash shipment, you'll pay $4.98 dollars.

Remember that Félix Pago is very secure, since it is regulated by federal agencies in the United States, to guarantee your peace of mind and the transparency of your operations.