Do vendors and shopkeepers in Playa del Carmen accept American money ?

Question

I know currency exchange is readily available, but why the hassle if not needed ?

Answer 1

They will accept US dollars but you will come out ahead using pesos. I recommend getting them from an atm with a debit card. With a credit card, you will pay high fees.

Answer 2

Of course they do, Mexican Peso is an American currency. America = continent from Alaska to Argentina.

You must be thinking US Dollar. If you want to avoid the "hassle" you'll get less pesos for your dollars.

What you can do is use your ATM card to withdraw money as you need it. Use your credit card to pay whenever you can, then you'll need less cash.

Answer 3

Yes they do at a terrible exchange rate

Answer 4

Go to the bank and exchange US dollars for Peso's. The bank is only 2 blocks from the beach. You will recognize it by the 2 men holding machine guns standing outside the door.

The merchants will accept Dollars, but they rape you on the exchange rate.