SakuraBloom
Sun Jun 09 2024
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5 answers
1585
What currency is better to use in Mexico?｜Choose to be charged in Mexico currency when withdrawing from ATMs. Being offered to pay in your own currency at an ATM is a sneaky trick and causes many travellers to pay more than they need to. Always choose to pay in the local currency - in this case, peso - to cut your costs and get the best rates available.
Could you please elaborate on why it's advisable to select Mexican currency when withdrawing money from ATMs in Mexico? How does paying in one's own currency at an ATM potentially lead to paying more? Why is it important to always opt for paying in the local currency, specifically pesos, to minimize expenses and obtain the most favorable exchange rates? Could you explain the economic reasons behind this recommendation?
