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Where Not to Change Your Money

Money FlavorsThe worst place to change your money is in the airport. Think about it: having an exchange booth in the terminal is expensive. And you pay for it.

Recent guests asked me what the exchange rate was suggesting it was about Q6 to the US$. That number came from them changing some money in the airport. It is way off. The official exchange rate is 7.62 and has been between 7.5 and 8.0 for years. If you go to any bank (and have a US$50 or US$100) that is what you will get.

The “bad” exchange rates you will find by going into a local tienda with your US$ will be somewhere between 7 and 7.5. Coyotes on the street generally pay very close to the bank rates as long as it is for $50s and $100s. If you don’t know why I am talking about the larger bills, check out Locuras … .

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