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Where to get good exchange rate for pesos to USD?

Where to get good exchange rate for pesos to USD?

Old Jan 18, 19, 7:24 am
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Where to get good exchange rate for pesos to USD?

I have 9000 Mexican pesos.
where else to exchange it back to USD besides the airport (LAX)? (which I assume will give bad rates)

Last edited by snail; Jan 18, 19 at 7:34 am
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Old Jan 18, 19, 9:52 am
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Originally Posted by snail View Post
I have 9000 Mexican pesos.
where else to exchange it back to USD besides the airport (LAX)? (which I assume will give bad rates)
Probably the bank or a cambio, if you’re still in Mexico. Probably a bank in the US. The forex at LAX will charge you like an angry bull to exchange your currency, but depending on where you live it may be easier. (You’re talking about ~$471 USD.)

If you haven’t left Mexico, you might try selling arriving Americans the pesos at a rate that’s decent for both of you. I’ve done that and it has worked well - we both save forex commissions, and we both get usable currency.

Sorry for the generalities, but generalities are what I’m attempting to respond to.
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Old Jan 20, 19, 7:31 am
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Originally Posted by JDiver View Post
Probably the bank or a cambio, if you’re still in Mexico. Probably a bank in the US. The forex at LAX will charge you like an angry bull to exchange your currency, but depending on where you live it may be easier. (You’re talking about ~$471 USD.)

If you haven’t left Mexico, you might try selling arriving Americans the pesos at a rate that’s decent for both of you. I’ve done that and it has worked well - we both save forex commissions, and we both get usable currency.

Sorry for the generalities, but generalities are what I’m attempting to respond to.
thx.
i got it converted at a casino at 17.9 pesos = $1 usd.
i actually made a little $ since i bought pesos at $1 = 18 pesos.
i also withdrew pesos from atm so i have no idea what the exchange rate is. i guess ill find out when i get home. (atm fees are reimbursed by my bank.)
if it's anywhere near the official exchange rate of $1 = 19.5 pesos, then i made 7.5% by converting back to usd at $1 = 17.9 pesos.

kinda of weird process at the casino.
they wouldnt outright convert pesos to usd.
i had to load $ onto their gambling card, walk around a few min and do a few spins on a slot machine.
the went back to the desk and converted it. (and i won a few pesos in the process..lol)
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Old Jan 20, 19, 10:03 am
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Originally Posted by snail View Post
thx.
i got it converted at a casino at 17.9 pesos = $1 usd.
i actually made a little $ since i bought pesos at $1 = 18 pesos.
i also withdrew pesos from atm so i have no idea what the exchange rate is. i guess ill find out when i get home. (atm fees are reimbursed by my bank.)
if it's anywhere near the official exchange rate of $1 = 19.5 pesos, then i made 7.5% by converting back to usd at $1 = 17.9 pesos.

kinda of weird process at the casino.
they wouldnt outright convert pesos to usd.
i had to load $ onto their gambling card, walk around a few min and do a few spins on a slot machine.
the went back to the desk and converted it. (and i won a few pesos in the process..lol)
It is probably against the law for them to perform a direct currency exchange, but not to sell you something.
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