Travel Guide - Mexico – Currency Hub

MEXICO

DESTINATION GUIDE

Mexico is renowned for its rich cultural heritage, stunning landscapes, and vibrant cities. From the ancient ruins of Chichen Itza and the bustling streets of Mexico City to the pristine beaches of Cancun and Tulum, Mexico offers a diverse array of attractions. Adventure seekers can explore the lush jungles of the Yucatán Peninsula, hike through the Copper Canyon, or relax along the Pacific coast. The country’s fusion of colonial history, indigenous traditions, and modern culture is evident in cities like Guadalajara, Oaxaca, and Mérida. Known for its lively festivals such as Día de los Muertos and Carnival, Mexico is a destination where music, dance, and culinary delights are central to the experience. With its warm hospitality, rich history, and natural beauty, Mexico continues to captivate travelers from all over the world.

CURRENCY INFORMATION

Currency Name: Mexican Peso

Currency Code: MXN

Symbol: $

Coins: 5, 10, 20, 50 centavos; $1, $2, $5, $10

Banknotes: $20, $50, $100, $200, $500, $1,000

DAILY COST IN MEXICO

ACCOMODATION

MXN 300–600 per night for a basic shared room in a hostel or budget guesthouse

MXN 1,000–2,000 per night for a 3-star hotel or private room in a guesthouse

MXN 3,000–6,000 or more per night for luxury hotels or high-end resorts

MEALS

MXN 100–200 per person for street food or casual dining at local restaurants (e.g., tacos, tamales, and quesadillas)

MXN 300–600 per person for a three-course meal at a mid-range restaurant

MXN 40–100 for popular snacks like elote (grilled corn) or churros from street vendors

TRANSPORTATION

MXN 10–30 per ride on local public transportation (buses or metro) in major cities

MXN 100–200 per trip for a local taxi or ride-hailing services like Uber

MXN 500–1,200 per day for renting a car, depending on location and vehicle type

SIGHTSEEING & ENTERTAINMENT

MXN 100–400 for entrance fees to museums, parks, or local attractions (e.g., museums, historical sites)

MXN 1,000–2,000 for guided tours or excursions to popular destinations (e.g., Chichen Itza, Teotihuacan)

Free–MXN 1,000 for cultural events, such as local festivals or performances

CURRENCY EXCHANGE TIPS FOR MEXICO

ATMs

ATMs are widely available in cities and tourist areas across Mexico, and most accept international cards. Major banks like BBVA, Santander, and Citibanamex are reliable options. Withdrawal fees typically range from MXN 30–80 per transaction, and exchange rates may vary. It’s advisable to withdraw larger amounts to minimize fees. Ensure you are using ATMs located in safe, well-lit areas, such as inside banks or shopping malls, especially in unfamiliar locations.

CURRENCY EXCHANGE

Currency exchange services are readily available at airports, hotels, and exchange offices ("casas de cambio"). However, rates at airport kiosks or hotel exchange counters tend to be less favorable. For better rates, try using local exchange offices or banks in larger cities. You can also use Currency Hub in Knox, Melbourne, to exchange currency at favorable rates before you travel. Always check for hidden fees and compare rates before exchanging money.

USING CARDS

Credit and debit cards are widely accepted in major cities, tourist attractions, and restaurants across Mexico. However, be mindful of foreign transaction fees charged by your bank. Small businesses and rural areas may not accept cards, so it’s wise to carry cash for smaller purchases. Always inform your bank of your travel dates to avoid any issues with card usage while in Mexico. It’s also a good idea to use a credit card that doesn't charge foreign transaction fees.

YOUR MEXICO ITINERARY

VISIT CHICHEN ITZA (YUCATAN PENINSULA)
Explore the ancient Mayan ruins of Chichen Itza, one of the New Seven Wonders of the World.
RELAX ON THE BEACHES OF NACUN AND THE RIVERIA MAYA
Cancun and the Riviera Maya offer some of the most beautiful beaches in the world, with white sands and crystal-clear waters. Popular spots include Playa del Carmen and Tulum.
DISCOVER MEXICO'S HISTORIC CITY CENTRE
Mexico City is rich in history, and its historic center is home to landmarks like the Metropolitan Cathedral, the National Palace, and the ancient Templo Mayor ruins.
EXPERIENCE DAY OF THE DEAD CELEBRATIONS
If visiting in October or November, experience the Day of the Dead celebrations in Oaxaca. This festival celebrates deceased loved ones with altars, parades, and vibrant rituals.
EXPERIENCE TULUM'S MAYAN RUINS
Tulum is home to ancient Mayan ruins perched above the turquoise sea. The Tulum archaeological site offers stunning views of the coastline and is less crowded compared to other famous ruins like Chichen Itza.
WANDER THROUGH GUANAJUATO
Guanajuato, a colonial city, is known for its colorful buildings, underground tunnels, and charming cobblestone streets. The city is also famous for its rich silver mining history.