How to buy Mexican pesos
Discover the most convenient way to receive your travel money through our range of delivery, collection, and online options.
Home Delivery
Enjoy effortless currency exchange with Home Delivery. Place your order online and have your Mexican pesos delivered directly to your doorstep, with Royal Mail Special Delivery. Free for orders totalling £500 or more.
Store Click & Collect
Streamline your currency exchange with our free Click & Collect service. Simply place your order online and pick up your Mexican pesos from our stores. Enjoy a smooth beginning to your travels with our online rates.
Buy Mexican pesos with a Travel Money Card
Another great option for spending in Mexico is our Travelex Money Card.
- Safe and secure — card not linked to your bank account
- Choice of 22 currencies, including Mexican pesos
- Seamless spending with Apple Pay and Google Pay
- Manage your Mexican pesos effortlessly via the Travelex Money App
- In case your card is lost, stolen, or damaged, our 24/7 global assistance team is here for you
What to spend your pesos on
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Margarita with Jose Cuervo in a touristy location
125 pesos
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6oz (200ml) bottle of name brand suntan lotion
400 pesos
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Tourist t-shirt
350 pesos
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Postcard and a stamp
70 pesos
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Sombrero (but don’t)
400 pesos
Key information about Mexican pesos
The modern Mexican peso is represented by the currency code MXN and the symbol $ (dollar sign).
In 1993, after months of hyperinflation and capital flight from Mexico, then president Carlos Salinas de Gortari introduced a new Mexican peso (Nuevo peso) by stripping three zeros off the currency. Thus, $1000 of old pesos became just $1 of the new currency.
Over the following three years, all new, re-valued currency replaced the old, resulting in the ‘Nuevo’ being dropped from the official name.
Mexican peso denominations
Bank notes in circulation are:
- $20
- $50
- $100
- $200
- $500
- $1000 (rarely used)
Mexican peso coins range from the fractional units known as centavo, and peso values. Coins in circulation are:
- 5¢
- 10¢
- 20¢
- 50¢
- $1
- $2
- $5
- $10
- $20 (rarely used)
Common questions about the Mexican peso
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When’s the best time to buy Mexican peso?
Getting the best rates for Mexican pesos can be tricky. Influenced by trade deals and economic news, the Peso's exchange rate can be as colourful as Mexico's own vibrant street scenes. Our rate tracker can help you catch the rhythm for your visit.
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Where can I spend my Mexican peso?
Mexico's currency is the peso, which is accepted throughout the country. Other countries such as Cuba and the Dominican Republic use their own version of the peso, but you can only spend the Mexican peso (MXN) in Mexico.
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Can I buy Mexican peso with a credit or debit card?
You can order Mexican peso from us via credit or debit card. Acquiring Mexican pesos from us comes with no credit card handling fees. However, it's wise to verify with your card provider regarding any extra fees.
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Can I sell my unused Mexican peso?
With us you can! With our Buy Back Promise, we can buy back your unused Mexican peso notes at any one of our UK retail stores at the original transaction exchange rate up to a maximum value of £250, for just a fee of £4.99. T&Cs apply.
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Can I use my bank card in Mexico?
Mexico accepts cards in many places, yet international transaction bank fees could apply to your MXN purchases. See how the Travelex Money Card can help you spend abroad.
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Can I spend Mexican peso as cash when abroad?
Yes, cash is still frequently used in Mexico. Mexico's diverse marketplace is navigated best with you bringing Mexican pesos as cash for smaller purchases and the Travelex Money Card for larger expenditures.