Cabo
Travel Information
What
You May Bring Into Mexico
Customs
Regulations:
Tourists should enter Mexico with only the items needed for their
trip. Entering with large quantities of an item a tourist might
not normally be expected to have, particularly expensive appliances,
such as televisions, stereos, or other items, may lead to suspicion
of smuggling and possible confiscation of the items and arrest of
the individual.
Currency:
The Mexican government permits tourists to exchange dollars for
pesos at the fluctuating free market rate. There are no restrictions
on the import or export of bank notes and none on the export of
reasonable quantities of ordinary Mexican coins. However, gold or
silver Mexican coins may not be exported.
Take
travelers checks with you because personal U.S.checks are rarely
accepted by Mexican hotels or banks. Major credit cards are accepted
in many hotels, shops, and restaurants. An exchange office (casa
de cambios) usually gives a better rate of exchange than do stores,
hotels, or restaurants.
Banks
and Currency Exchange Information:
The best rates of exchange for Mexican pesos can be found at banks,
although the airport exchange desk is generally not a bad rate compared
to the hotel rates; banks and airport exchange offices do not charge
exchange fees. It is not a good idea to change money in any upmarket
hotel here, as they typically do not offer competitive market rates.
Street "cambios" or exchange booths offer slightly less
favorable rates, but keep longer hours. You can pay in U.S. dollars
most of the time, but your change will probably be in Mexican pesos,
and at unfavorable rates!

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