Currency Exchange When You Buy a House in Mexico
When you’re buying pesos to fund a home purchase in Mexico, foreign exchange rates will impact your budget. MexEdge offers buyers a service to manage this risk
Your Money and Finances in Mexico
Articles about money, banking and personal finance matters in Mexico
Articles about money, banking and personal finance matters in Mexico
No Hay Cambio — the Art of Making Change in Mexico
With more than 19 billion coins and bills in circulation across Mexico, why does it seem that no one ever has any change?
Discover Mexico’s Banks and the Services they Provide
An introduction to Mexico's retail banking brands as well as a description of the typical services and facilities offered by all the retail banks in Mexico
Using Your Debit & Credit Cards in Mexico
Debit and credit cards are a convenient way to pay for purchases and withdraw cash. Learn about using your Mexican and/or foreign-issued bank cards in Mexico
Cash, Please: You Still Need Notes & Coins in Mexico
Although cashless payment options are increasing in Mexico, the use of notes and coins remains essential in your day-to-day transactions here
The Mexican Peso: A Historical Tour of Mexico’s Currency Value
A brief glance back over 70 years of exchange rate fluctuations reveals a pattern that's woven into the tapestry of Mexico’s peso
Dealing with Counterfeit Mexican Banknotes
If you find yourself having to deal with a fake banknote in Mexico, options depend on the circumstances under which the fake note came into your possession
The Real Value of Your Service Tip in Mexico
Tipping for services is a practice that is deeply ingrained in Mexican culture and this article describes some key situations where a tip may be appropriate
What are Mexico’s UDIs, and what are they used for?
UDIs were introduced as an inflation-protected unit and are still used today for mortgages, bonds, and some financial calculations
Mexico’s Elegant $20-peso Coins Begin to Replace the Notes
Mexico's elegant and distinctive 12-sided $20-peso coins are starting to supersede the old $20-peso banknotes that were printed on polymer
La Quincena: The Cash Behind the Friday Rush
Workers' wages are paid every fifteen days in Mexico, and pay days are known as "Quincenas" which make for busy weekends, especially in the capital
Calculating the Value of Old Mexican Banknotes
Old Mexican bank notes can be exchanged for their present-day value at the Bank of Mexico, or sold to collectors who seek to acquire them
