Thread: Money
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Old 02-03-2004, 04:42 PM
Ken Ken is offline
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Join Date: Jan 2002
Posts: 7,208
Ken Level 1 (45)
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Don't worry about finding money changers on the street. These days, there are more than ever. BUT DO NOT CHANGE MONEY WITH THEM NO MATTER WHAT RATE THEY PROMISE YOU. Unless, that is, you don't mind getting counterfeit money or finding--after the money changer is out of sight--that his hands were faster than your eyes.

DO NOT change at the hotel because their rate is always below the going rate.

You can change at the airport at the banco de reserva location. They usually have a good rate.

Wherever you go, there will be bancos de cambio, businesses set up to change money. They have a business location, not a spot on a street corner. Check with them to see what their rate is. There are differences. You can also check the banks; they usually have a sign just inside telling you what the rate of exchange is.

For normal daily purchases, pay in pesos that you have gotten by exchanging for the best rate you could find. To get money, you can use your ATM card or cash travelers checks or currency.

If you tell us where you will be, maybe we can suggest a good place to change money.
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