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
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
2024 Was a Year of Two Halves for the Mexican Peso
Mexico's peso started 2024 in fine spirits, but events during the summer brought pressure to bear on the currency, causing a 19% devaluation by year-end
Learning How to Navigate Mexico’s Tipping Culture
Tipping is woven into the fabric of Mexican trading culture and appropriate in many everyday situations. This article helps you get acquainted with them
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 Minimum Wage Increases by 12% in 2025
Mexico implements eight consecutive years of double-digit daily minimum wage rises with an increase of 12% for 2025—to $278.80 pesos per work day
Using Mexican & Foreign Bank Cards at ATMs in Mexico
ATMs provide an efficient way to obtain local currency in Mexico from a foreign or Mexican bank account, and some also accept cash deposits to local accounts
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?
El Aguinaldo: The Christmas Bonus in Mexico
Workers in Mexico look forward to their annual Christmas bonus payment, known as 'el Aguinaldo,' that is paid before December 20th each year
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
Tips for Spotting Counterfeit Mexican Banknotes
Mexican banknotes carry a range of security features, and a few spot checks can help you avoid getting landed with fake bills as you trade
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
