Understanding well the exchange rate of dollars to peso is important while you have trip on Cancun. It use for know exactly what you’re paying out. Like on many vacation places, merchants try to make the most money possible and often attempt to sell anything for very high prices.
Although at the Cancun you’ll find some places accepting American bills, but when it comes to coins, they do not accept for the most part. Most places accept American bills, but few accept American coins. The exchange rate at a business will be much higher, so it is better to exchange your money at a bank first.
Don’t forget the importance of bargaining and haggling. This is expected and not at all rude when you are in Mexico. Remember that English is a second language for most people there, so speak clearly and use simple words to be sure that everyone understands.
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