Best Price Guarantee*
Our stores boast great rates, but if you do find a better price, we'll guarentee to beat it
On foreign exchange rates when you order with Travel Money NZ.
Pick up locally
With over 20 convenient store locations across New Zealand, you can securely pick up your Mexican pesos with no hassles.
About the currency
Coins and notes
Before you jet off for your Spanish adventure, you’ll want to fill your wallet with as many peso coins and notes as possible. The MXN banknotes currently in circulation are $20, $50, $100, $200, $500 and $1,000. There’s 100 centavos in a peso and the coins available to you are 5c, 10c, 20c, 50c, $1, $2, $5, $10 and $20. The 5c, $20 and $1,000 pieces are rarely used, so no need to bother stocking up on them – the locals will say muchas gracias for it.
Facts about the currency
- Generally, pesos are only accepted within Mexico (though there has been some controversy of US border establishments accepting them). So use all your MXN cash during your stay, or visit us when you get home to exchange it back to NZD.
- The Mexican peso is the most traded currency in Latin America and the 8th most traded in the world.
- Interestingly, the Mexican peso was the first to use the dollar sign ($), even before the US did.
- The English translation of the Spanish word “peso” is “weight”, which referred to silver or gold weight.
- While US dollars are generally acceptable in Mexico, US coins are strictly not. Make sure not to accidentally tip with any US coins you might have or you’ll quickly become a persona non-grata in their establishment.
Check out the exchange rate between the currencies. Want to wait for a particular rate? Simply sign up for a currency alert and we’ll give you a heads up when the Peso has hit the magic number.