Travel Guide of Mexico

MONEY - CHANGE - TAXES

The official currency of Mexico is Mexican Peso.
Currencies in circulation: 1, 2, 5, 10 and 20 Pesos, as well as those of 10, 20 and 50 cents.
Bills in circulation: 20, 50, 100, 200 and 500 Pesos.

The schedule of the banks is from Monday to Friday from 9:00 to 16:00 hours, and some until the 19:00 hours.
The great branches work Saturdays until 14:00 h.

The type of change is to the day and it is announced within each bank and houses of change.

All accept Dollars and some the Euros and Traveler Checks, same that also are accepted
in hotels.

From January 1980 Mexico applies the tax to the added value (IVA): 15%, except in the state of Quintana Roo, Baja California and B.C.S. : 10%