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If you are one of the people who plan take a trip to Mexico, and they have the need to exchange dollars for Mexican pesos, It's good that they know the places where they can get the best exchange rate for your dollars, of which there are a lot of options, only the important thing is to go to those places where they offer the most favorable value for the transaction.
It should be noted that in every town in Mexico they always receive cash, and although in the vast majority of restaurants, hotel complexes and stores located in tourist areas, they receive credit or debit cards, in smaller towns or towns with less tourist relevance they prefer to receive cash.
Where can I exchange dollars for Mexican pesos?
There are a lot of sites in Mexico In which you can Exchange your dollars for Mexican pesos, which we will present to you below:
Mexico City International Airport
Mexico City International Airport is, for many travelers, the best place to exchange dollars for Mexican pesos. This is because they offer an exchange rate with unbeatable values, constituting a highly attractive option for those who seek to obtain the best return when changing their money.
And the best of all is the large number of establishments where you can do this type of transactions within Mexican territory, because there are bank branches, cash machines and exchange offices arranged for this purpose in its two terminals.
Banco de México
Banco de México is the institution of the Mexican State, responsible for designing the macroeconomic policies that govern the country. At its headquarters, located in Mexico City, You can Exchange dollars for Mexican pesos at the official rate for the day, when you require it.
Banking institutions
Banks that operate across the country will allow you to exchange dollars for Mexican pesos, either in its branches located throughout Mexico, or through its websites and apps for electronic banking.
At this point, it should be noted that each bank has a fixed exchange rate, depending on the characteristics of the service they provide.
ATMs
Exchange dollars for Mexican pesos when withdrawing cash at an ATM, it's an excellent decision, since thethe exchange rates offered are very competitive, In addition, you can save money in commissions (whose percentage ranges from 1% to 3%), if you manage to get more money than you need, instead of taking out smaller amounts several times.
It is recommended to withdraw money from the ATM network of the bank where you have your bank account.
How many dollars can I exchange for Mexican pesos?
According to the regulations established within the Official Gazette of the Federation (DOF), can be changed daily up to 300 dollars per day, with a limit of 1,500 dollars per month, as a way to avoid transactions with monetary resources that come from illegal acts, thus preventing money laundering.
Where to check the exchange rate between dollars and Mexican pesos?
This information can be consulted on the website of the Bank of Mexico (Banxico), the Federal Official Gazette, as well as on the various websites of banks and exchange offices.
Requirements to exchange dollars for Mexican pesos
For Exchange dollars for Mexican pesos, you only need to present a fully valid official identification document, together with a copy of it.
Anyway, before going to Mexico, you have to plan to make the most convenient decision, when it comes to Exchange dollar for Mexican pesos, seeking to obtain the best exchange rate and save as much as possible in commissions.
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