Posted by Larry F on September 21, 2016, 10:55 am, in reply to "Re: Canadian dollar value"
It definitely pays to bring pesos to Mexico from home. Lots of them. For large amounts, our bank give a special exchange rate. The bonus comes in Mexico - fewer trips to Melaque and no ATM machines.
You can buy pesos here now for about 14.2 on the Cdn dollar. Anybody know what the ATM there gives?
Mexico inflation proof? Hardly. The Mexican inflation rate is currently about 2.7%. This compares to Canada at 1.3%. Check out the price of gasoline over the past couple of years at Pemex.249
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