Introduction to Mexico’s Peso, its Coins & Banknotes
Mexico's peso is a one of the most traded currencies on world foreign exchange markets. This article introduces you to Mexico's currency, coins & banknotes
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
Guide to Living & Lifestyles in Mexico — Continually Updated
Our detailed guides to living, working, and retirement in Mexico are continually revised & updated to help you discover and cultivate a fruitful lifestyle here
Guide to Money, Finances & Banking Services in Mexico
Learn about money & banking in Mexico: managing your finances, the Mexican peso, banknotes, banking services, money transfers, and using bank cards here
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?
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
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
