The Peso has really fallen in value to the US Dollar in the past year. Well, make that “The Dollar is Very Strong…”
16.75 Pesos to the Dollar in November, 2015. Just a few years ago, it was 10.5 Pesos to the Dollar.
What does this mean? Assuming a 150 Peso steak dinner, it used to cost about $14.25. Current price: $9.00.
Mexico is an absolute bargain these days for visitors from the USA and Canada.