What Currency Is Best To Use In Cancun?

October 12, 2023

Cancun is, without a doubt, one of the world's most favored beach getaways. Cancun is more than just a popular spring break destination; it also has incredible art, cuisine, and Caribbean surf. We have all the cash-related questions you need to have answered, whether this is your first vacation or your thirty-first.

When traveling to Cancun, pesos are the ideal option because locals may use them right away without stopping at a currency exchange facility. But US dollars are also welcomed and appreciated. The ideal form of payment to use in Mexico is a combination of pesos and US dollars. Spend the money on major purchases like tours, admission fees, lodging, and flights. Use pesos for everything else. Before you go, getting pesos in your home country should be rather easy.

Speaking about money, before going to Cancun, you should convert your local currency into Mexican pesos. Once you get to Mexico, you'll find better rates at your neighborhood bank or credit union than you will at the airport. You can compare fees with independent currency exchange businesses to get the most for your money if your bank does not exchange foreign currency. Although many Cancun restaurants and stores accept US dollars, you'll get a better deal if you avoid dealing with the volatile conversion rate.

Always give servers, bartenders, spa, and hotel personnel tips in pesos (MXN). Travelers who tip generously help Cancun's economy grow, and you can expect to receive upgrades and preferential treatment if you do. Use this tipping calculator based on your entire bill to show employees that you appreciate their assistance:

  • 15% to 20% of the tab is paid by food suppliers and servers at restaurants.
  • 15 to 20 pesos each drink (at least 15% of the total) for bartenders
  • Drivers of cabs and shuttles: 10–15 pesos (especially if they help with your bags)
  • 15% to 20% of the total cost for spa or salon services
  • Housekeeping pays between 25 and 50 pesos each day cleaned
  • Concierge, grocery store baggers, tour guides, and valet parking staff are additional services that collect gratuities.

If you are interested in more articles like this, here’s one about the Togo currency.

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