Money & Currency in Ciudad Obregon
Currency & exchanging money in Ciudad Obregon
Mexico’s unit of currency is the Mexican Peso. The symbol for the Mexican Peso is $.
The Mexican Monetary System
There are 100 Mexican cents (centavos) to one Mexican Peso. Coins have the values of 5c, 10c, 20c, 50c, $1 $2, $5, and $10. There is a $20 coin in circulation but these are very rare.
Notes have the values of $20 $50 $100, $200 $500 and $1000. It is more common to see note denominations up to $200 pesos.
Bringing into Mexico
If you are travelling from within USA, you can bring in and take out bank notes, travellers’ cheques in USD up to the value of $10,000 USD. US Dollars are accepted in most high street shops and stores.
Travelling from other countries it is advisable to purchase a small amount of Mexican pesos before arriving in Mexico and use a debit or credit card facility in Mexico to withdraw money from the available ATM´s and Cash Machines in the local Mexican Currency.
If you are travelling to Mexico, you will need to declare any sums of cash of $10,000 USD or more (or the equivalent in another currency) to Mexican Customs & Immigration.
Changing money in Ciudad Obregon
Other than USD and Euros, In Ciudad Obregon any other foreign currency may be difficult to exchange as most at banks, post offices, some hotels and Exchange houses (Bureau de Change kiosks) only accept and trade in USD or Euros.
