Saturday, December 21st 2024

"I'm a travel junkie who's hooked on deals from airports that start with Y."



2019
5
February
When visiting Mexico, should I tip & pay for things in $USD or Pesos ?

One way to answer this question is to think of how you would like to be paid here in Canada. With your local currency, or $USD?

You might think, well, if I was paid in $USD, I would have to convert it to my local currency, and lose 3% in the process, along with the hassle of going to a bank / money exchange. If I did that, and I still ended up with more Canadian dollars than I would have if I were paid in Canadian dollars in the first place, well, I would still be happy.

And If the alternative were to not be paid at all, you'd be happy, or at least willing, to take $USD.

But all things being equal, you'd probably want to be paid in your local currency.

There's also the fact that if you are bringing $USD to Mexico, you presumably converted some of your Canadian dollars to $USD, and lost 3% to the bank / money exchanger in the process.

And then the person you're giving the money to in Mexico loses another 3% to the bank / money exchanger converting it back to Pesos.

The bank / money exchanger is the winner here!

0 Comments








People That Liked This Page Also Liked:

tags for this post You may also want to check out pages that were tagged with:
, and .

Be The First To Know About The Next Amazing Deal!

Head to the Ydeals Alerts Page where you can choose to be notified by e-mail, Facebook, Twitter, or RSS Feed the moment an amazing travel deal from your city is found.

Setting up alerts allows you to be one of the first to see a new deal, before it sells out.

And don't worry, alerts are only sent when it's truly an amazing deal.

Like Our Site? Follow Us!

Subscribe to Our Feed!

Comments from Facebookers

Comments from Everyone Else

Become a trendsetter and be the first person to make a comment on this post!

Comments are automatically closed 30 days after the post is made.










Join the Facebook Group!
    What happens when over 500,000 Canadians...

    * crowdsource the best travel deals

    * offer up their unbiased travel advice?

      Join the group for your city and find out!



(click 'Join Group', at the top-right, when you arrive)



Follow the deals on Twitter!
      Follow Twitter for the latest deals and       updates from your city...



(click 'Follow', when you arrive)




Follow the deals with RSS!
      Follow the deals from your city with your      favorite RSS reader...