Trip to mexico?

Question

should i change my american money into pesos before i go to mexico?

Answer 1

Not necessary but be careful when you're down there. Check the exchange rates at the various places.  HSBC generally are better banks to exchange money.  Problem in paying for things with US dollars, you'll always get the short end of the stick when getting your change. Or take a small handheld calculator with you and check things out beforehand. It doesn't sound like a lot but let's say you lose out 10% on each transaction and if you're there for a week and spend $1,000, you've just lost $100 bucks. It's like giving apples and getting oranges in return.  The folks living and working down there know exactly what they're doing, you don't. So be overly cautious and double check things.

Answer 2

No they still accept American money in Mexico.