What to spend your pesos on
Margarita with Jose Cuervo in a touristy location
6oz (200ml) bottle of name brand suntan lotion
Postcard and a stamp
Sombrero (but don’t)
Must-sees in Mexico
Trust in Travelex
Being able to order online and pickup at a convenient location at no charge was real plus. This is the second time we've use this service and are very pleased.Robin S.
Excellent. Everything was ready for me to pick up.Janet R.
This was a first time experience but I can say the staff was very professional and informativeCheryle L.
A deep dive on pesos
In 1993, after months of hyperinflation and capital flight from Mexico, then president Carlos Salinas de Gortari introduced a new Mexican peso (Neuvo peso) by stripping three zeros off the currency. Thus, $1000 of old pesos became just $1 of the new currency. Over the following three years, all new, re-valued currency replaced the old, resulting the the ‘Nuevo’ being dropped from the official name.
More info on Mexican pesos
Frequently used bank notes include $20, $50, $100, $200, $500 and $1000. Coins range from the fractional units known as centavo (10¢, 20¢ and 50¢), and peso values $1, $2, $5, $10 and $20.