What money do you bring to Cancun?

The official currency in Mexico is the Mexican Peso (MXN). However, the U.S. dollar is also widely accepted as a form of payment, especially in many tourist places such as Cancun, Tulum, Playa del Carmen, and Cabo San Lucas.



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That's why, unless you are from the US and don't want to use Pesos due to unfamiliarity, I would always recommend that you use Pesos.

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Should I exchange money before I travel to Cancun? Speaking of cash, yes, you'll want to exchange your currency for Mexican pesos before traveling to Cancun. You'll get a better rate from your local bank or credit union than you'll find at the airport once you've arrived in Mexico.

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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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It's up to you how much you tip, but the recommended amount in Mexico is between 10% – 20% (15% is a good standard in tourist areas) of the bill or ticket price.

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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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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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Most businesses will take U.S. dollars, but it's better to convert your currency to pesos. You'll get better deals and it is the currency of Mexico. Many people get pesos from their bank at home before travel.

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The short answer is ABSOLUTELY YES, you need Mexican Pesos. You will need pesos for tips, souvenirs shopping, transportation like taxi/buses, tours, bar/restaurants, etc.

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Pesos, being the national currency of Mexico, will be accepted absolutely anywhere. US dollars will be accepted throughout the Cancun Hotel Zone, but the further you venture into 'real Mexico' the more problems you may find in using USD for everyday purchases.

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If you pay in U.S. dollars rather than Pesos, expect the rate to be inflated, he added. If anything, Lanno said you can ask to see a rate card, which all taxis should have, but it's rumored that some of them have different cards with higher rates on them.

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Use your best judgment when deciding how much cash to bring with you to Mexico. A good rule to follow is to bring 25% of your total budget in cash. If you happen to run out, use your debit card or prepaid travel card at a verified national bank ATM to get the best exchange rate.

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All-inclusive in Cancun is on a whole other level than most places, particularly regarding amenities. It is not uncommon to see gourmet restaurants, top-shelf liquor, a daily restocked mini fridge, and even 24-hour room service with an all-inclusive stay at a Cancun resort, so you definitely get what you pay for.

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I agree with $1,500-$2,000 with the activities you are planning. I usually bring the equivalent of $500 USD converted to pesos, along with another $1,000 in cash. If you estimate $100 per person per excursion (some will cost more, some will cost less), plus extra for tips and souvenirs, you should be good.

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All-inclusive resort tipping etiquette
  1. Bartender: 20 pesos or $1 every 1-2 drink orders, especially if you order complicated cocktails.
  2. Cart drivers: $1 per trip.
  3. Servers: $5-10 every couple of meals for good service or if your waiter went above & beyond (we usually tipped at dinner)
  4. Shuttle driver to/from airport.


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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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They are fantastic for tacos and other fast food. With 100 Pesos, tourists can also buy ice cream, fruits, or juice from the local food markets. If they do not want to spend their money on food, they can purchase a ticket to enter Tulum ruins, Chapultepec Castle, Museo Nacional de Antropologia, etc.

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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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While tipping may not be required at some all-inclusive resorts, many guests prefer to do so. In the event that you would like to tip staff during your all-inclusive vacation, it is important to find out in advance whether staff would even be allowed to accept those tips.

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