The Mexican Peso rates below were last updated 1 minute ago
If you're travelling to Mexico soon you'll want to get the best deal on your Mexican Pesos. Our free comparison service compares the best Mexican Peso rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 19 suppliers selling Mexican Pesos in the UK with exchange rates ranging from 23.0273 to 24.7880.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Mexican Peso exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Mexican Peso is one of the most commonly traded tourist currencies in the UK which means there is a lot of competition between the best value providers offering the best exchange rates. The average order value that we see is for about £960 (MXN23,796.48) based upon orders placed between 1st of July to 30st of September, 2016. This is up on the previous average of £760 ($15000 MXN) based on orders placed between August 1st and October 31st 2013.
The Mexican Peso is one of a group of currencies that use the dollar symbol ($). This is derived from the Spanish Dollar used by the Spanish Empire in the 15th to 19th centuries. Because Mexico's main trading partners are in North and South America they have been relatively unaffected by the recent Eurozone and banking crisis which has made Mexico a popular tourist destination.
It is not usually possible to exchange cash at hotel receptions as this can only be done at licenced banks and bureau de change which can be expensive. For this reason we advise ordering your Pesos in the UK before you travel.
To enter Mexico as a British citizen you do not need a visa, but you will require a tourist card which you can get upon arrival or on-board your flight. There is no charge for a tourist card, but if happen to lose it you will be required to pay a replacement cost of $295 MXN (approximately £15 GBP) which is payable at most banks. You will need the tourist card to leave Mexico.
It should be noted that tourists should be aware of bogus immigration officers at airports and if approached you should refuse help and go to the immigration office.
If you are travelling through the US to Mexico or back to the UK through the US from Mexico, be sure to check with the Mexican Embassy and US Embassy in London before you travel for any specific entry requirements even if it is for only transiting through a connecting airport.
It advised that all tourists carry a photocopy of their passport for identification purposes as sometimes local police officers will ask for ID. Always leave your original copy in a secure safe place and be on guard that the police officer you are speaking to is genuine as there have been reports of people presenting themselves as police officers. If you are concerned ask for ID and make a note of the name and car patrol number.
Over the past week the Mexican Peso has dropped by 2.63% from last Sunday's rate of 25.4583 to today's rate of 24.7880 which means £750 will buy you $502.73 less now than it would have a week ago. During this period the best rate we recorded was 25.4825 on Monday and the worst rate is 24.7880 recorded today.
The 90 day outlook has seen the Mexican Peso rate increase by 2.39% from 24.21 on 11th September 2016 to 24.7880 today. Based on these figures, £750 will buy you $433.50 more today than it would have three months ago. We recorded a high rate of 25.4825 on 5th December 2016 and a low rate of 21.8976 on 25th October 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Posted by Adam Silveston on 9th December 2016
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