When is it better to exchange money in Mexico?
October 29th, 2009 | by mon-ex |
Cristina asked:
Okay, so this is a basic question to everyone, but I can’t seem to wrap my brain around it. Lets say, for example, the exchange rate for Mexican pesos into U.S. dollars is 11.56, and the next day it’s 10.45. On which day would it be best to exchange? Do you do it when the number is higher or lower? Thanks.
So my room mate was wrong. That never really made much sense. She had told me it was better when the peso was lower. Thanks for the clarification.
IRMA
Okay, so this is a basic question to everyone, but I can’t seem to wrap my brain around it. Lets say, for example, the exchange rate for Mexican pesos into U.S. dollars is 11.56, and the next day it’s 10.45. On which day would it be best to exchange? Do you do it when the number is higher or lower? Thanks.
So my room mate was wrong. That never really made much sense. She had told me it was better when the peso was lower. Thanks for the clarification.
IRMA
2 Responses to “When is it better to exchange money in Mexico?”
By Patito on Nov 1, 2009 | Reply
For example 100 pesos to dollars when the sell or compra sign is higher that way you would get more dollars for less pesos you need to dollars you get 956 dollars for less pesos at 1156 1156 1156 1156 1156 1156 you change pesos for pesos you get more pesos you would get 956.
By patsmight on Nov 4, 2009 | Reply
sell on high buy on low