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What currency does mexico use?

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Two other points worth mentioning: (a) U.S. coin-money has no value in Mexico and is not an acceptable form of payment anywhere, and (b) when paying with U.S. currency, any change you receive back will be in Mexican Pesos. As of April 18, 2016 the exchange rate of the USD is 17.43 and the Canadian Dollar is 13.63. read more

Use outside Mexico. The 18th and 19th century Spanish dollar and Mexican peso were widely used in the early United States. On July 6, 1785, the value of the United States dollar was set by decree to approximately match the Spanish dollar. Both were based on the silver content of the coins. read more

Though some merchants both along the border with the United States and in interior destinations popular with tourists from the USA will accept the United States Dollar, the Canadian Dollar, or the Euro, you should plan to exchange your home-country currency for Pesos either before you arrive in Mexico or at banks, currency exchanges, or automatic teller machines as soon as you arrive. read more

Note about money transfer from Mexico: If you transfer money TO Mexico you can use a money transfer agency instead of a bank to make the transfer, which will probably be less expensive than using a bank-to-bank transfer. read more

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