Mexico City is located on Mexicos high central
plateau and thus faces the high altitudes of 7,000
feet. It mostly has a spring like climate around the
year Summer months of June to September are usually
marked by spells of afternoon rains . Usually the
rains in Mexico City lasts for a few hours after which
the sun comes out and the air is much cleaner. The
winter evenings (December-February) can get cool enough
so carry your jacket along! The best times to visit
Mexico City would be the Easter week and the Christmas
holidays Always take along a sweater and a light jacket.
The Currency system in Mexico
is different from other countries. The currency used
here is known as New Peso. It's best to bring US-dollar
denomination traveler's checks and some US dollars
.
Currency
:
Note that a new (peso) = 100 centavos. Notes are in
denominations of peso 500, 200, 100, 50 and 20. Coins
are in denominations of peso 20, 10, 5, 2 and 1, and
50, 20, 10 and 5 centavos.
Currency Exchange :
For Currency exchange deal with authorized banks (los
bancos autorizados).The exchange rate of the Mexican
peso against Sterling and other hard currencies has,
in recent years, been subject to considerable fluctuation.
Travellers Cheques :
It's best to bring US-dollar denomination traveler's
checks and some US dollars Note that bank exchange
facilities are open daily. Travelers cheques or letters
of credit in US Dollars issued by well-known banks
or travel organizations are readily negotiable in
banks and hotels.
Credit Cards:
Airlines, car rental companies and more expensive
hotels and restaurants readily accept major credit
cards. There is a government tax of six per cent on
credit transactions.
1 Mexican Nuevo Peso (M$1) =
0.06; US$0.10; C$0.16; A$0.18; 0.10
1 American Dollar (US$1) = 0.64; C$1.57; A$1.79;
1.01; M$9.94
Currency conversion rates as of November 2002
Mexican Nuevo Pesos are actually demarcated
with a $ sign, so to distinguish from the US Dollars
(US$) that are also in use, especially in areas frequented
by tourists, the symbols M$, N$ or NP are found. It
is worthwhile keeping the current exchange rate in
mind, as some establishments offer better deals when
paying in Dollars rather than Pesos and vice versa.
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Notes :50,100,200,500
pesos
Coins :20,10,5 pesos & 50,20,10
centavose |
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