Can you use American bills in Mexico?

While it is possible to use US dollars to pay for tours, tips, and even accommodation, you will need Mexican currency for cash transactions in Mexico. In places that do accept physical U.S. dollars, such as hotels, using them may result in very unfavorable exchange rates or additional fees.



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The best currency to take to Mexico is the local currency, the Mexican peso. US dollars are also highly exchangeable at local banks and currency exchange offices. However, instead of converting physical banknotes, the cheapest way to pay in Mexico is to use a multi-currency travel debit card like Revolut or Wise.

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Credit cards are widely accepted at most places of business throughout Mexico, especially in tourist areas. Besides small towns and certain food trucks or shops, you can use a credit card to pay for most things.

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Preparing your travel money options beforehand is the key to a stress-free vacation. Credit cards, debit cards, prepaid travel cards and cash are all accepted in Mexico. Outside of a few purchases like transportation fare or local shops, a credit card will be your best bet for everyday purchases.

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The national currency in Mexico is the Mexican Peso (MXN). However the US Dollar is widely accepted across Mexico especially in the more touristic places like Playa del Carmen.

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Is $500 dollars enough for Mexico? The good news is, in certain parts of Mexico it's still possible to live and travel on just $500 a month! It's even possible to live in Mexico comfortably on $500 per month, as long as you plan your trip correctly.

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In Mexico, every bellboy, chauffeur/driver, or valet parking person expects a tip of 20-50 pesos. Bartenders, waitresses/waiters, and housekeeping staff expect a tip of 15% of your bill, and housekeepers should be tipped about 50 pesos (or more) per day.

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Before your trip, exchange money at your bank or credit union, which likely offers better rates and fewer and/or lower fees. See if your bank or credit union will buy back any leftover foreign currency for when you return.

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Much like in the U.S., in Mexico, it is customary to tip service workers in restaurants, hotels, and Ubers. The standard tip is 10% of the bill, but you can give more or less depending on the quality of service. Tipping is not required, but it is appreciated.

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Cash is a necessity in Cancun, given that many restaurants and gift shops don't accept credit cards. Like many other airports around the world, the Cancun airport is jam-packed with money exchange kiosks looking to convert your money into Mexican pesos.

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