Peso to Dollar
Despite the Fed’s having raised the interest rate by a quarter percent in the United States two days ago, the value of the dollar versus the peso still took a little dip yesterday to just 17.04 from 17.79. But no big deal, as you can still go to the Chinese place at in the Mega shopping center between Nuevo Vallarta and Punta Mita and get a heaping pile of food for $3.80. And our tasty mahi dinner the other day at El Coral, which is right on the water at the ‘Mexican Malibu’ surf spot and the Mita anchorage, was $7.50. A dollar goes a long, long way down in tropical Mexico.
Not to mislead anyone, there are places that only accept US dollars. This includes marinas and some marine businesses.
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