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New laws on Peso vs Dollar

In cooperation with: Visit Mexico
Sunriver, Oregon
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306 posts
10 reviews
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New laws on Peso vs Dollar

Has this new law effected the dollar exchange in Puerto Penasca....or should we get some pesos for the trip down since we are coming in on the weekend? I have heard from friends that a few places south of PR they will take 20's still but no 1's or 5's.......anyone have recent experience?

Davie, Florida
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11,187 posts
2 reviews
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1. Re: New laws on Peso vs Dollar

there are a number of lengthy threads on this topic you can search. i got back from tulum friday and only used usd with no problems.

Phoenix, Arizona
Destination Expert
for Phoenix, Puerto Penasco
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2,059 posts
20 reviews
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2. Re: New laws on Peso vs Dollar

You don't need pesos in Puerto penasco. US dollar is widely accepted and every once in a while a merchant may give your chanage back in pesos, but not often.

In some small restaurants and shopst the exchange rate is not that great, but in most places it's around 12 to12.5 pesos to a dollar.

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Puerto Penasco
Puerto Penasco
Sonora, Mexico
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638 posts
7 reviews
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3. Re: New laws on Peso vs Dollar

Just got back from RP and the going exchange rate was 12/1. Everywhere we went they accepted dollars. Town was pretty dead though.

Riverside...
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31 posts
56 reviews
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4. Re: New laws on Peso vs Dollar

We found that all the merchants we dealt with accepted US dollars, but I know from our local friends that it is becoming a hardship for them to be responsive to tourists but still follow the new banking rules. If you take out pesos at the ATM, you will get the best exchange rate, and you will be helping the locals to comply with the new rules!

Sunriver, Oregon
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306 posts
10 reviews
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5. Re: New laws on Peso vs Dollar

We had no issues of using dollars, but as it was explained to us, that they can only take 4000 dollars a day to the bank. For most that is no problem as times are slow. So its your business' that do big volumns that this effects.

6. Re: New laws on Peso vs Dollar

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