Currency in Mexico

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Currency in Mexico

What is the currency in Mexico? Most likely, this issue is given a tourist, for the first time planning your trip to this wonderful country. Peso is the monetary unit of Mexico, denoted - MXP and digital code 4217.
In 1993, the last century, Mexico was held denomination, so in 1000 the "old" pesos equated to 1 "new" pesos. Updated Peso (MXP) is now equal to 100 centavos (cents).
As in many countries, the money in Mexico traded in the form of coins and bills. In the back there is a constant currency, as in pesos and centavos in. There are coins of 5, 10, 20, and 50 cents, and 1, 2, 5, 10 and 20 peso. In the form of banknotes denominated in pesos turning 20, 50, 100, 200, 500 and 1,000 pesos.
What currency to take to Mexico

Besides pesos in Mexico is popular US currency, which is accepted for exchange in all exchange offices. Therefore, it is most advantageous to bring this particular currency. Although, of course, you can bring your Euros or Dollars, they also can be exchanged for pesos.
The Mexican peso is approximately 2.5 Russian rubles. But we recommend, before traveling to this country to change rubles for the American currency. As the US dollar in the country are more popular, although change to less favorable rate.
Currency Exchange in Mexico

Arriving in one of the cities of Mexico, you immediately need the local currency. At least to pay for a taxi. Therefore, the first place where you can exchange foreign currency - this airport. Currency exchange in Mexico can make directly in the city - in the bank, specialized exchange offices, some hotels, etc.
Advantageous to take along for the ride plastic card, then you do not have to think about Mexican currency and translated it into Russian rubles. In many cities in Mexico can be paid for a large number of services with the card - shopping, dinner at a restaurant, etc. In addition, the country's well-distributed network of ATMs.
Import of currency in Mexico

In Mexico, there is no restriction on the import and export of currency. There is only one small condition, imported currency must be declared.
Protection against fraud

In recent years, Mexico has paid much attention to a counterfeit bill. Since 2006, as a material for the production of banknotes used polymers. In the same way to protect against fakes Australian dollar and the Thai baht.