Mexico’s Minimum Wage Increases by 13% in 2026
Mexico implements nine consecutive years of double-digit daily minimum wage rises with an increase of 13% for 2026—to $315.04 pesos per work day
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
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
Money Exchange: Buying & Selling Foreign Currency in Mexico
Whether you're visiting Mexico or living here, you'll need to exchange your foreign currency and buy pesos for spending—there are three main ways to do this
Making Money Transfers To, From, and Within Mexico
Money transfers to from and within Mexico have become easier and less expensive with online banking, although over-the-counter transfer services still exist
Opening and Managing a Bank Account in Mexico
A local bank account provides essential facilitation of your day-to-day finances. This article describes how to open and manage an account in Mexico
Torn Money: The Banknote Versus the Joker
In Mexico, merchants of all kinds tend to reject damaged banknotes, but you can exchange damaged notes at a bank if you have at least half of the note intact
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
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
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
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
Banks & Banking Services Offered in Mexico
People living in Mexico often open a Mexican bank account to facilitate daily transactions and manage money transfers between their home country and Mexico
Safety Tips for Cash, Bank Cards, and ATM Use in Mexico
This article shares tips and common sense advice to help keep your money and bank cards safe when you are visiting or living in Mexico
