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Mexico Travel Swap your greenbacks for pesos or youll pay theprice

CABO SAN LUCAS, Mexico -- If you feel safer using your greenbacks to pay for your purchases in Mexico, you're paying a hefty premium for your imagined security. While many stores, restaurants and bars in all but the smallest towns generally accept U.S. currency in payment, you can be sure that little shopkeeper is smiling as you walk out his door! You just gave him a bonus - as much as ten percent - just because you paid in U.S. dollars.

The International Monetary Fund currency exchange rate between the U.S. dollar (USD) and the Mexican Peso (MXN) is about 10.50 pesos to the dollar as of this writing, but that's not what you get from that nice little shopkeeper, sexy waitress or friendly barkeep. Most establishments set their exchange rates 10% lower than the bank's rate to accommodate natural fluctuations in international currency markets. So, while the bank rate might be 10.

50 pesos to the dollar, it's not uncommon for local businesses to give only 9.50 pesos to the dollar. The result: you end up paying 10 percent more for your purchases. If that doesn't sound like much, consider this. If the average traveler to Mexico spends $2,000 USD during a one-week visit, that visitor could be paying an extra $200 USD if everything is paid in dollars.

For reference purposes, the average Mexican worker is lucky to make $100 a week, so the extra $200 you paid would cover the wages of a Mexican worker for two weeks! The moral of this story? When in Mexico, ALWAYS pay in pesos, and you'll get the cheapest price and save money. To find out how to get the very best currency exchange rate, and how to get your travel cash in a foreign currency before you leave home, you'll want to check out the e-book, "50 Things You Must Know Before You Travel to Mexico". The book contains vital information for anyone planning to travel to, live in or retire in Mexico. For more information, go to: http://truestarpublishing.com/ART101/ .

By: James Truett


Martinsville Indiana Lunch Is Easy With Maracas Fast FreshFood Authentic Mexican Cuisine - In the mood for a sizzling fajita or hot, delicious enchiladas and burritos, then head down to Maracas Restaurante Mexicano at 1010 Morton Avenue on the 39 By Pass in Martinsville, Indiana.

Travelling To Spain The Spanish Regional Travel Guide - Up to 60 million visitors travel to Spain every year to delight in the country?s 315 sunny days and its rich and diverse history and culture.

Indianapolis Indiana Find Enchanting Underwater Worlds TheUnexpected At The Indianapolis Zoo - One of the gems of Indiana?s Circle City is the Indianapolis Zoo located at 1200 W.

Across Sydney north to south avoiding the city centre - For many people the prospect of crossing Australia's largest city, Sydney, by car is not going to be the highlight of their trip along the east coast of Australia.

The cosmopolitan essence and romanticism of Paris surroundRoland Garros Paris Tournament - The important tennis tournament Roland Garrós, which is being played on clay, will attract the elite tennis players from all over the world to Paris from the 23rd of May until the 5th of June.