Currency and exchange

Visitor info · What you need to know to shop safely in Mexico City.

Currency and exchange

The official currency of Mexico is the Mexican peso ($). Circulating notes are: 20, 50, 100, 200, 500 and 1,000 pesos; and coins are: 10, 20 and 50 cents, plus 1, 2, 5 and 10 pesos. Please visit the official Banco de Mexico website for any questions regarding bills and coins in circulation.

We suggest you carry small bills for petty expenses. Check the exchange rate here.


Credit cards

Most widely accepted credit cards are: Visa, American Express and Master Card.


ATM (Automatic Teller Machines)

There are ATMs at all main bank offices and most debit and credit cards work on them. You may only take out Mexican pesos from an ATM.


Travelers checks

We recommend to bring along travelers checks issued only by internationally-recognized entities, for these may be exchanged without a problem at bank offices, and are widely accepted at hotels and travel agencies. However, you need to take into account that commissions apply to be deducted from the amount of the check.


Tax refund to international travelers

Some business are affiliated to the Taxback program. When you shop at this businesses you may ask for the refund of 65% of the VAT applied to purchases made during your stay in Mexico City. Minimum purchase amount is 1,200 pesos per store. Check here the list of participating brands.


Types of taxes

  • 16% IVA (VAT - Value Added Tax) applied to the value of any product or service
  • 3% ISH (Accomodation Tax) applied to accommodation services.
  • 25%-160% IEPS (Special Tax on Production and Services) applied to luxury items, fuels and pesticides.
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Este contenido será modificado temporalmente en atención a las disposiciones legales y normativas en materia electoral, con motivo del periodo de campaña del 30 de marzo al 5 de julio del presente año.