Mexican peso. History and useful information about the currency of Mexico

Mexican peso - official currency unit Mexico. Currency code: MXN. Currency unit: Centavo (1/100). Currently, denominations of 20, 50, 100, 200, 500, 1000 Mexican pesos and coins are common: 5, 10, 20, 50 centavos, 1, 2, 5, 10, 20, 50, 100 pesos.

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5.43

Graphs

The dynamics of the exchange rate of the Mexican peso against the ruble, for 1 MXN:

• during the week
• per month
• for the quarter

• * the graph illustrates the hourly rate change over the past seven days.

  max: 3.3566

  during the week:

  3.3479

  Table of changes in the mexican peso exchange rate for the week: open

  the date	Well	+/-
  08.07 00:00	3.3479	-0.0044
  07.07 23:00	3.3523	-0.0035
  07.07 22:00	3.3558	+0.0019
  07.07 21:00	3.3539	-0.0004
  07.07 20:00	3.3543	-0.0009
  07.07 04:00	3.3552	-0.0002
  07.07 03:00	3.3554	-0.0007
  07.07 02:00	3.3561	-
  07.07 01:00	3.3561	-
  07.07 00:00	3.3561	+0.0002
  06.07 23:00	3.3559	-0.0001
  06.07 22:00	3.356	-0.0001
  06.07 21:00	3.3561	+0.0002
  06.07 20:00	3.3559	-0.0007
  06.07 19:00	3.3566	-
  06.07 18:00	3.3566	-
  06.07 17:00	3.3566	+0.0001
  06.07 16:00	3.3565	+0.0001
  06.07 15:00	3.3564	+0.0005
  06.07 14:00	3.3559	-
  06.07 13:00	3.3559	-0.0001
  06.07 12:00	3.356	-
  06.07 11:00	3.356	-0.0001
  06.07 10:00	3.3561	-
  06.07 09:00	3.3561	-
  06.07 08:00	3.3561	+0.0001
  06.07 07:00	3.356	-
  06.07 06:00	3.356	-
  06.07 05:00	3.356	-
  06.07 04:00	3.356	-0.0001
  06.07 03:00	3.3561	-
  06.07 02:00	3.3561	+0.0014
  06.07 01:00	3.3547	-0.0016
  06.07 00:00	3.3563	+0.0006
  05.07 23:00	3.3557	+0.0011
  05.07 22:00	3.3546	+0.0019
  05.07 21:00	3.3527	-0.0026
  05.07 20:00	3.3553	+0.0025
  05.07 19:00	3.3528	+0.0068
  05.07 18:00	3.346	+0.003
  05.07 17:00	3.343	-0.0031
  05.07 16:00	3.3461	+0.0047
  05.07 15:00	3.3414	+0.0044
  05.07 14:00	3.337	-0.0028
  05.07 13:00	3.3398	+0.001
  05.07 12:00	3.3388	-0.0036
  05.07 11:00	3.3424	+0.0035
  05.07 10:00	3.3389	-0.0038
  05.07 09:00	3.3427	-0.001
  05.07 08:00	3.3437	+0.001
  05.07 07:00	3.3427	-0.0012
  05.07 06:00	3.3439	+0.0027
  05.07 05:00	3.3412	+0.0015
  05.07 04:00	3.3397	+0.0011
  05.07 03:00	3.3386	+0.001
  05.07 02:00	3.3376	-0.0024
  05.07 01:00	3.34	+0.0012
  05.07 00:00	3.3388	+0.0008
  04.07 23:00	3.338	+0.0005
  04.07 22:00	3.3375	-0.0019
  04.07 21:00	3.3394	+0.0008
  04.07 20:00	3.3386	-0.002
  04.07 19:00	3.3406	+0.0023
  04.07 18:00	3.3383	-0.0022
  04.07 17:00	3.3405	-0.0032
  04.07 16:00	3.3437	+0.0031
  04.07 15:00	3.3406	-0.001
  04.07 14:00	3.3416	-0.0024
  04.07 13:00	3.344	+0.0021
  04.07 12:00	3.3419	+0.006
  04.07 11:00	3.3359	+0.0058
  04.07 10:00	3.3301	+0.0011
  04.07 09:00	3.329	+0.0003
  04.07 08:00	3.3287	+0.001
  04.07 07:00	3.3277	+0.0002
  04.07 06:00	3.3275	-0.0013
  04.07 05:00	3.3288	+0.0013
  04.07 04:00	3.3275	-0.0014
  04.07 03:00	3.3289	-0.0005
  04.07 02:00	3.3294	+0.0004
  04.07 01:00	3.329	+0.0001
  04.07 00:00	3.3289	+0.0011
  03.07 23:00	3.3278	-0.0015
  03.07 22:00	3.3293	-0.0003
  03.07 21:00	3.3296	+0.0006
  03.07 20:00	3.329	-0.0034
  03.07 19:00	3.3324	+0.0028
  03.07 18:00	3.3296	-0.0111
  03.07 17:00	3.3407	-0.0029
  03.07 16:00	3.3436	+0.0012
  03.07 15:00	3.3424	+0.0066
  03.07 14:00	3.3358	+0.0078
  03.07 13:00	3.328	-0.0013
  03.07 12:00	3.3293	-0.0015
  03.07 11:00	3.3308	+0.0075
  03.07 10:00	3.3233	-0.0016
  03.07 09:00	3.3249	-0.0025
  03.07 08:00	3.3274	+0.0001
  03.07 07:00	3.3273	+0.0005
  03.07 06:00	3.3268	+0.0005
  03.07 05:00	3.3263	+0.0021
  03.07 04:00	3.3242	+0.0025
  03.07 03:00	3.3217	-0.0009
  03.07 02:00	3.3226	-
  03.07 01:00	3.3226	+0.0005
  03.07 00:00	3.3221	+0.0015
  02.07 23:00	3.3206	-0.002
  02.07 22:00	3.3226	+0.0045
  02.07 21:00	3.3181	-0.0016
  02.07 20:00	3.3197	+0.0036
  02.07 19:00	3.3161	-0.0015
  02.07 18:00	3.3176	-0.0014
  02.07 17:00	3.319	+0.003
  02.07 16:00	3.316	+0.0016
  02.07 15:00	3.3144	+0.0011
  02.07 14:00	3.3133	+0.0019
  02.07 13:00	3.3114	-0.001
  02.07 12:00	3.3124	-0.0009
  02.07 11:00	3.3133	+0.0111
  02.07 10:00	3.3022	+0.0039
  02.07 09:00	3.2983	+0.0013
  02.07 08:00	3.297	-0.0024
  02.07 07:00	3.2994	-0.0003
  02.07 06:00	3.2997	+0.0001
  02.07 05:00	3.2996	+0.0012
  02.07 04:00	3.2984	+0.0036
  02.07 03:00	3.2948	+0.0001
  02.07 02:00	3.2947	+0.0007
  02.07 01:00	3.294	+0.0017
  02.07 00:00	3.2923	-0.0003
  01.07 23:00	3.2926	-0.0044
  01.07 22:00	3.297	+0.003
  01.07 21:00	3.294	-0.0045
  01.07 20:00	3.2985	-0.0014
  01.07 19:00	3.2999	+0.0016
  01.07 18:00	3.2983	+0.0021
  01.07 17:00	3.2962	+0.0033
  01.07 16:00	3.2929	+0.0019
  01.07 15:00	3.291	-0.0042
  01.07 14:00	3.2952	+0.002
  01.07 13:00	3.2932	-0.0021
  01.07 12:00	3.2953	+0.0025
  01.07 11:00	3.2928	+0.0058
  01.07 10:00	3.287	-0.0067
  01.07 09:00	3.2937	+0.0074
  01.07 08:00	3.2863	-
  01.07 07:00	3.2863	+0.0008
  01.07 06:00	3.2855	-0.0001
  01.07 05:00	3.2856	+0.0003
  01.07 04:00	3.2853	-0.0053
  01.07 03:00	3.2906	-0.0047
  01.07 02:00	3.2953	+0.0001
  01.07 01:00	3.2952	+0.0028
  01.07 00:00	3.2924

• * the graph shows the dynamics of exchange rate changes at 12:00 GMT over the past 30 days.

  max: 3.3792

  per month:

  3.3479

  Table of changes in the Mexican peso exchange rate for the month: open

  the date	Well	+/-
  07.07.2019	3.3552	-0.0014
  06.07.2019	3.3566	+0.0106
  05.07.2019	3.346	+0.0077
  04.07.2019	3.3383	+0.0087
  03.07.2019	3.3296	+0.012
  02.07.2019	3.3176	+0.0193
  01.07.2019	3.2983	+0.0069
  30.06.2019	3.2914	+0.0013
  29.06.2019	3.2901	+0.0065
  28.06.2019	3.2836	-0.0068
  27.06.2019	3.2904	+0.0008
  26.06.2019	3.2896	+0.0191
  25.06.2019	3.2705	-0.0085
  24.06.2019	3.279	-0.0165
  23.06.2019	3.2955	-0.001
  22.06.2019	3.2965	-0.0205
  21.06.2019	3.317	+0.0022
  20.06.2019	3.3148	-0.018
  19.06.2019	3.3328	-0.0212
  18.06.2019	3.354	+0.0113
  17.06.2019	3.3427	-0.0181
  16.06.2019	3.3608	-0.0012
  15.06.2019	3.362	+0.0025
  14.06.2019	3.3595	-0.011
  13.06.2019	3.3705	-0.0087
  12.06.2019	3.3792	+0.0047
  11.06.2019	3.3745	+0.0039
  10.06.2019	3.3706	+0.071
  09.06.2019	3.2996	+0.0062
  08.06.2019	3.2934	-0.0091
  07.06.2019	3.3025

• * the graph shows the dynamics of exchange rate changes at 12:00 GMT over the past 3 months.

  max: 3.4412

  for the quarter:

  3.3479

  Table of changes in the exchange rate of the Mexican peso for the quarter: open

  the date	Well	+/-
  07.07.2019	3.3552	-0.0014
  06.07.2019	3.3566	+0.0106
  05.07.2019	3.346	+0.0077
  04.07.2019	3.3383	+0.0087
  03.07.2019	3.3296	+0.012
  02.07.2019	3.3176	+0.0193
  01.07.2019	3.2983	+0.0069
  30.06.2019	3.2914	+0.0013
  29.06.2019	3.2901	+0.0065
  28.06.2019	3.2836	-0.0068
  27.06.2019	3.2904	+0.0008
  26.06.2019	3.2896	+0.0191
  25.06.2019	3.2705	-0.0085
  24.06.2019	3.279	-0.0165
  23.06.2019	3.2955	-0.001
  22.06.2019	3.2965	-0.0205
  21.06.2019	3.317	+0.0022
  20.06.2019	3.3148	-0.018
  19.06.2019	3.3328	-0.0212
  18.06.2019	3.354	+0.0113
  17.06.2019	3.3427	-0.0181
  16.06.2019	3.3608	-0.0012
  15.06.2019	3.362	+0.0025
  14.06.2019	3.3595	-0.011
  13.06.2019	3.3705	-0.0087
  12.06.2019	3.3792	+0.0047
  11.06.2019	3.3745	+0.0039
  10.06.2019	3.3706	+0.071
  09.06.2019	3.2996	+0.0062
  08.06.2019	3.2934	-0.0091
  07.06.2019	3.3025	+0.0019
  06.06.2019	3.3006	-0.0255
  05.06.2019	3.3261	+0.0029
  04.06.2019	3.3232	+0.0177
  03.06.2019	3.3055	-0.0383
  02.06.2019	3.3438	+0.0012
  01.06.2019	3.3426	+0.0215
  31.05.2019	3.3211	-0.0879
  30.05.2019	3.409	+0.0175
  29.05.2019	3.3915	+0.0179
  28.05.2019	3.3736	-0.0075
  27.05.2019	3.3811	-0.0012
  26.05.2019	3.3823	-0.0001
  25.05.2019	3.3824	-
  24.05.2019	3.3824	-0.028
  23.05.2019	3.4104	+0.0204
  22.05.2019	3.39	-0.0003
  21.05.2019	3.3903	+0.0151
  20.05.2019	3.3752	-0.0049
  19.05.2019	3.3801	+0.0007
  18.05.2019	3.3794	-0.0085
  17.05.2019	3.3879	+0.0115
  16.05.2019	3.3764	+0.0053
  15.05.2019	3.3711	-0.029
  14.05.2019	3.4001	-0.0115
  13.05.2019	3.4116	+0.0028
  12.05.2019	3.4088	-0.0015
  11.05.2019	3.4103	+0.0004
  10.05.2019	3.4099	+0.017
  09.05.2019	3.3929	-0.0214
  08.05.2019	3.4143	-0.0048
  07.05.2019	3.4191	-0.0215
  06.05.2019	3.4406	+0.0005
  05.05.2019	3.4401	-0.0011
  04.05.2019	3.4412	+0.0179
  03.05.2019	3.4233	-0.0047
  02.05.2019	3.428	-0.0041
  01.05.2019	3.4321	+0.0364
  30.04.2019	3.3957	+0.0043
  29.04.2019	3.3914	-0.0299
  28.04.2019	3.4213	+0.0018
  27.04.2019	3.4195	-0.0004
  26.04.2019	3.4199	+0.0269
  25.04.2019	3.393	+0.0102
  24.04.2019	3.3828	+0.0154
  23.04.2019	3.3674	-0.0241
  22.04.2019	3.3915	-0.0209
  21.04.2019	3.4124	+0.0006
  20.04.2019	3.4118	+0.0038
  19.04.2019	3.408	+0.0061
  18.04.2019	3.4019	+0.0074
  17.04.2019	3.3945	+0.0053
  16.04.2019	3.3892	-0.0218
  15.04.2019	3.411	-0.018
  14.04.2019	3.429	+0.0041
  13.04.2019	3.4249	-0.0014
  12.04.2019	3.4263	+0.0038
  11.04.2019	3.4225	+0.0023
  10.04.2019	3.4202	-0.007
  09.04.2019	3.4272	-0.0043
  08.04.2019	3.4315

Please note that the given exchange rate of the Mexican peso to the ruble is not the rate of buying or selling currency by the bank. We have presented the average market rate, which is the average value between buying and selling. When planning your trip to any country, you can roughly predict the possible costs, calculate the amount of money needed for the trip. But it should be borne in mind that the real exchange rate of the Mexican peso in exchange offices countries will be slightly different from those shown here, because the markup when buying or selling will be set by the specific bank or exchange office you contact.

History of the Mexican peso, useful information for tourists

The official currency of Mexico is the Mexican peso. In OKW ( All-Russian Classifier Currency) until 1999, this currency was called the "Mexican new peso". The peso is a divisible currency and consists of 100 centavos. The Mexican peso symbol is the same as the US dollar symbol, "$.", and the coin icon is identical to the cent symbol. In May 2008, the Mexican peso became one of the freely convertible currencies used for settlements in the international payment system CLS. History national currency Mexico began in 1910, during the national liberation struggle of the state for independence. Since those years, the Spanish peso has also circulated in parallel with the Mexican peso in the country. The currency was pegged to the gold standard with a gold content of 0.75 grams, but in 1931 the pegging to the precious metal was abolished. This event had a negative impact on the exchange rate, which fell sharply. In 1993, due to the collapse of hyperinflation in the country, the authorities carried out a denomination of the peso. New pesos could be exchanged for old ones at the rate of 1 to 1000, respectively. Currently, the country has banknotes of six denominations and coins of 11 denominations, including in the form of centavos. If you are going to visit Mexico, then take US dollars. Here they can be easily exchanged for Mexican pesos. You can also pay with American dollars in hotels, restaurants, shops, but the exchange rate will most often be unfavorable in comparison with the exchange rate.

What money is in Mexico? What is the exchange rate for the Mexican peso? I am looking for a currency exchange. All these questions are of interest to any tourist coming to Mexico. In this article we will talk about what currency is in Mexico, its history, tips and tricks, where you need and do not need to change money

In Mexico, the currency used is the Mexican peso, in Spanish - Peso mexicano, and is denoted as NXN. The word peso itself, translated from the original language, means weight, but originally comes from the Latin word pesum, that is, "weighted." The symbol of the Mexican currency is, like the US dollar - $, the difference is that the letter S is crossed out with one strip, and not two like the Americans. And the centavo sign corresponds to the cent symbol - ¢. In addition, the country has its own coins in circulation - centavos (as in other areas, pennies, or cents). This word means "one hundredth of something". 100 centavos equals 1 peso of the main currency.

Currency in banknotes exists in face value 20, 50, 100, 200, 500 and 1000 Mexican pesos. The centavo functions in denominations of 5, 10, 20 and 50. In addition, there are also pesos in the form of a precious coin in denominations of 1, 2, 5, 10, 20, 50, and 100. But some of them are practically not used.

Most often, Mexicans use coins of 50 centavos, 1,5,2 and 10 pesos. 5, 10 and 20 centavos are off bypass due to low value, large shopping malls often round "penny" to 50 centavos or 1 peso.

At the request of the client, the missing centavos of change can be donated to charity. 20, 50 and 100 Mexican pesos are also not popular in the country, people prefer banknotes that are more convenient to use. They were engaged in the manufacture of money, and are still engaged in the mint of Mexico, which is located in the capital of the country - Mexico City.

History of the Mexican currency

Having learned what is the currency in mexico used by the population, it would be appropriate to dive into the origins of the Mexican peso.

In the distant 19th century, Spanish coins made of gold and silver were actively used throughout Latin American land. It was one of the most stable currencies, known throughout the trading world. Changes were made in 1863, from that time the decimal system began to work. Its essence is that the so-called Spanish dollar - a coin worth 8 reales became known as the peso. Then it was decided that one peso would be equal to 100 centavos.

Although serious monetary reforms the country's leadership did not produce, the currency had several cycles of inflation. In the course of this, the metal of the coins and their size changed. For example, in the 1980s, the currency underwent major changes due to unprecedented inflation. As a result, from the beginning of 1993, the Mexican MXP peso was replaced by the MXN peso. Money changed at the rate of 1 to 1000. The name Mexican peso began to be widely used in early 1996, when it appeared on banknotes and coins, and these innovations did not affect the appearance of money in any way.

Since 1993, bimetallic coins with a face value of 50 pesos began to be issued, after 10 years they began to mint coins of 100 pesos. These are unique coins in the world, because they are made of 925 silver, which is quite rare. These bimetallic coins consist of 16.812 g (1/2 oz) of silver in the middle and aluminum bronze on the edges. Peso banknotes attract with their graceful and unique appearance. The material used is a polymer, which allows the banknotes to serve for a long time without much damage.

The Mexican currency is surprisingly connected to the Texas Rangers. In 1962, members of this organization began to attach badges made from Mexican currency to their clothes. The badge contains 99.9% silver. 5 peso coins from 1947 or 1948 are used. Rangers with the rank of captain wear either the same badges as other rangers, but gilded, or badges consisting of 90% gold, where the raw material is a 50 peso coin dated 1947. In private circles, this symbol of the Texas Ranger is referred to as the syncopeso (cincopeso), which translates from Spanish as 5 pesos. Having carefully examined the reverse and edge of the badge, one can clearly ascertain the unusual origin.

Currency exchange in Mexico

What currency to take to Mexico and where you can exchange funds is discussed in this section. What currency in Mexico for tourists will be the most practical? The American dollar will be a great option for shopping and shopping. Grocery stores accept both pesos and dollars, but change is given only in local currency in accordance with the exchange rate of the main bank of the country. Other shopping centers and supermarkets do not focus on Central bank, and may have a different rate, so it is important for tourists to get information about this from the employees of the place of purchase. But still, it is best to exchange money in advance, because the exchange rate of stores for the most part does not suit buyers. There is no good reason to take euros with you. main reason This is due to the fact that the euro is changed only by banks in large cities and at a speculative rate. Of course, it can be exchanged for local money, but this will not bring any dividends in the end.

Where is the best place to exchange

Exchange dollars for pesos is quite simple and easy, Mexico takes great care of the guests. Immediately upon arrival, exchange services are provided directly at the airport, also in hotels and banks (on all days except Sunday, the only day off). In addition, all tourist areas are equipped with a large number of ATMs where you can exchange currencies, and the services of casasdecambio exchangers are also actively provided, which are easy for tourists to find. The advantage of such cash desks is the round-the-clock work schedule, unlike the usual ones, where work is carried out from 9.00 to 17.00. But there are restrictions for foreigners: you can sell up to $300 at a time, and up to $1,500 per day. Also, ATMs with the inscription USD give those who wish the necessary amounts in American currency. You can easily find out the exchange rate of the peso to the Russian ruble, dollar, euro or other money using an online currency converter. But at the same time, it is important to know that banking system Mexico does not exchange Russian currency, so a tourist who has not exchanged rubles for dollars runs the risk of simply being left with nothing. About 50 dollars is enough for a person on a day of rest.

Where you do not need to change currency

In most places visited by tourists, banking Visa cards, MasterCard and American Express be a practical method of paying for a service or product. However, it is important to consider that there are places where there is no payment option. by bank transfer such as small shops, taxis, or tipping at a hotel. To do this, it is recommended to have a certain amount in cash. Within the boundaries of recreation areas, ATMs of the Blanc di Mexico and Santander networks are most located. ATMs provide for cash withdrawals up to $300, in addition, a $3 withdrawal fee is charged. It is not recommended to use a credit card, because for the operation you will have to pay approximately 3% of the amount.

Common Traditions of Gratitude

The Mexicans do everything to make the tourist feel at home, the services are of high quality, so the attendants deserve a generous tip as a token of gratitude. In a taxi, it is customary to either round the amount up, or add 10% to the fare. In restaurants, visitors also add 10% to the order. Of course, paying with a card order is impossible to tip, so usually the waiters subtly hint at the desire to receive additional funds. In order not to be in an awkward position, you should have a certain amount with you. It is customary to throw 1-2 dollars for the staff at the hotel (room cleaners, porters) and on the beach for sunbeds. Tour guides, drivers, boat captains are usually rewarded with tips ranging from 5 to 20 US dollars. Mexicans are not happy to receive tips in the form of coins, but they are happy to receive them in banknotes.

Conclusion

Tourists from all over the world consider Mexico a place that gives a special and unforgettable experience. Of particular value are the unique wonders of nature and sights. In order to feel at home in the country of visit, it is important to be aware of where you can have a good time, what to see first of all and what souvenirs to bring to loved ones. Moreover, knowing what money is in mexico, the tourist can feel relaxed and at ease, and be ready to immerse themselves in a new culture, and not waste time getting to know the local currency.

money in mexico

Every time you go on holiday new country, many tourists are interested in the currency of the state of interest and its exchange rate against the ruble. Is it possible to go to Mexico with common dollars and Euros, how much will be lost on the exchange in the country, is it possible to pay with bank cards that have already become so familiar.

Numerous coups, revolutions and civil wars colonial and further independent Mexico were reflected in attempts to reform and revalue the currency. Decimal monetary system introduced in Mexico in 1863 and based on the peso, which was equal to 100 centavos. Then bronze coins were issued in denominations of 1 centavo and silver coins of 5 and 10 centavos.

Until 1993, the monetary situation in Mexico remained stable inflationary. The currency depreciated and only in 1993, for the first time in 130 years, was the "denomination" of the old pesos and new banknotes were issued in denominations of 1000, 500, 200, 100, 50, 20 and 10 pesos. In 2003, the issue of bimetallic coins of 100 pesos began.

Now in Mexico coins can be found 10 , 20 , 50 centavo, 1 , 2 , 5 , 10 , 20 pesos and banknotes 20 , 50 , 100 , 200 , 500 , 1000 pesos.
Collectible 20, 50 and 100 Mexican pesos are the only circulating silver coins in the world.
The coins have the same obverse for all (the name and coat of arms of Mexico), the reverse contains an indication of the denomination and an image reflecting the history of the Aztecs.

Images on the banknote different denominations of banknotes. The obverse contains the image of the legendary personalities of Mexico, on the reverse - the sights.

What money should be in the wallet?

Let's leave the euro to Europe, the ruble to Russia, but the US dollar is quite a running currency in Mexico. You can pay with dollars even in small shops. You will most likely receive change in pesos not by yourself. the best exchange rate, so most tourists try to change money in advance.

Most favorable exchange rate exchange is usually at the airport, but if you forgot to change money immediately upon arrival, this can be done at banks or hotels. Keep in mind that in banks, foreigners can exchange up to $1,500 per day, but not more than $300 at a time.

Banks, like everywhere else, have working hours. Most banks are open from 9.00 to 17.00, but there are exceptions that are pleasant for tourists - exchange offices in tourist areas can be open until 24.00. Such exchange offices are called "casas de cambio". The course in them is usually less profitable, but there are no restrictions on the amounts and there are no queues.

Bank cards in Mexico.
Bank cards in Mexico they are accepted almost everywhere. When paying with a card in a restaurant or for any service, do not be surprised if you are subtly hinted at the absence of a tip for these in the invoice issued to your bank.
A tourist can withdraw currency from his card at any ATM. Some, marked USD (in tourist areas) issue US dollars. Finding an ATM in the tourist area of ​​Mexico is not difficult.

Tips, as a rule, are 10% of the amount indicated in the invoice.

In a restaurant, it is customary to leave 10% to 15% to the waiter, and the porter, driver or guide is usually awarded an amount of 1-2 USD.

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Mexico is famous for its magnificent resorts, many attractions and one of the oldest monetary units in the world. This country attracts many tourists from all over. the globe. Going to Mexico, it will not be superfluous to first learn about the local currency - the Mexican peso.

History of the Mexican Peso

The history of the Mexican peso dates back to the 15th century, when silver coins first appeared on the territory of today's Mexico. However, after the conquest of territories in the New World by Spain, the Single currency- real. This monetary unit was the main payment instrument in Mexico until 1821, when the state gained independence. After receiving sovereignty, the Mexican peso returned to circulation. Since 1825, the issue of the peso has been created in the same year National Bank Mexico.

By the way, it would be nice to say that the first banknotes of the Mexican peso appeared a little earlier, namely in 1813. Then they started typing banknotes on cardboard, which was caused by a shortage of silver among the colonizers of Mexican territories.

"Golden fever"

By the beginning of the 20th century, Mexico had become one of the centers of gold mining. Backed by impressive reserves of this precious metal the mexican peso occupies the main place in Latin America and plays the role of the currency of various states of the region.

It should be noted that even the First World War did not cause any significant damage to the Mexican peso, which showed enviable stability until 1970. The "golden" pesos were put into circulation in 1904. They replaced silver coins and remained legal tender until 1931, after which they were abolished. Legislative act from July of that year, abolished the circulation of gold pesos and put paper notes into circulation. This decision met with resistance from Mexican citizens. They believed that using paper money was inconvenient. Also, unlike gold coins, peso notes could not be exchanged for gold.

oil crisis in last quarter The 20th century hit the Mexican economy hard, and the state government was forced to default. The Mexican peso exchange rate did not remain aloof from these events. Inflationary processes developed with such rapidity that the National Bank simply did not have time to print new money. It was possible to stabilize the Mexican peso only in 1993, thanks to the denomination of the national currency. New monetary units were exchanged for old-style signs in the ratio of 1 to 1000.

Mexican currency today. Information for tourists

Tourists and travelers should be aware that on the territory of airports, hotels, resorts, large shopping centers and other infrastructure facilities can be used plastic cards major world payment systems. Mexico is not easy large country. This state is part of the G20. Here on high level is the development of technology. But at the same time, we should not forget that you always need to have cash with you. For example, to buy souvenirs in the market or in a small private shop.

Most Mexican bank branches are open exclusively on weekdays from 9:00 to 18:00. True, in the resort areas of the country there are institutions where it is possible to cash or exchange cash until midnight. In addition, you can purchase the desired currency at exchange offices that are marked with the inscription casas de cambio.

Mexican peso banknotes

Many visitors, visiting Mexico, face one curious feature. The fact is that the National Bank of this country issues two series of peso banknotes. The paper banknotes bear images of various prominent personalities who glorified Mexico.

For example, General Ignacio Zaragoza is depicted on 500 pesos of series D, and the artist is depicted on a banknote of the same denomination of series F. To date, Mexican pesos in denominations of ten, twenty, fifty, one hundred, five hundred and one thousand take part in circulation. In addition, coins of five, ten, twenty and fifty centavos (bargain money) are used.

Mexican peso exchange rate

The most favorable quotes for tourists at airports. Therefore, it is advisable to stock up on the necessary amount of cash pesos in advance if the plans include a vacation in a small remote settlement. It should be noted that in Mexico, US dollars are accepted as a payment instrument almost everywhere. True, at the same time, the conversion conditions are not very favorable. On this moment The Mexican peso against the US dollar is trading at 20.89 to 1.

In conclusion, it must be emphasized that in Mexico, almost all goods and services are subject to VAT at a rate of 15%. This also applies to paying for cellular communications or renting premises for living. Therefore, one should not be surprised at the difference between the real cost of goods and services and those declared on price tags. The Mexican peso against the ruble is trading at a rate of 1 to 0.35.

The national currency of Mexico is the Mexican peso (MXN). 1 Mexican peso is equal to 100 centavos (similar to cents or kopecks).

In circulation are banknotes in denominations of 20, 50, 100, 200, 500 and 1000 pesos, as well as coins in denominations of 5, 10, 20, 50 centavos; 1, 2, 5, 10, 20, 50 and 100 pesos.

What currency to take from Mexico?

Take dollars, they are accepted here as well as Mexican pesos. Change in grocery stores with both pesos and dollars is most often given in pesos at the rate central bank. In others outlets, the dollar to peso exchange rate may differ from the Central Bank rate, so be careful when buying.

But it’s better not to take the euro with you. If you have them, then here, of course, you can change them at currency exchange offices and banks, but there is no point in taking the euro.

Where is the best place to exchange dollars for pesos?

In all tourist areas of Mexico there are a lot of ATMs where you can exchange currency and casas de cambio exchange points.

Peso to ruble exchange rate

You can see the exchange rate of the peso against the ruble, dollar, euro and other currencies through the converter on our website.

Visa and Maestro cards

MasterCard and Visa cards are accepted almost everywhere, except for those places where the installation of such equipment is not possible (small shops, taxis, tips at the hotel). Most often in the resort areas there are ATMs of the Santander and Banco de Mexico networks. ATMs have a cash withdrawal limit of $300 and a withdrawal fee of $3 per transaction. Cash withdrawal from credit card will cost about 3 percent.