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Re: Currency Exchange Rate

Posted by cruz on October 16, 2014, 2:50 pm, in reply to "Re: Currency Exchange Rate"
187.146.143.108

What we get in exchange rate in Melaque is up and down like a roller coaster and also depends on which institution you are doing business with. The banks and anyone all make pesos on what is sent.

For instance, last week I made two different types of exchange transactions, changing USD currency and having $ transferred by a Canadian bank to my Banamex account.

I received 12.32/dollar and 13.07/Canadian. The posted rate was around 13.31/UDS. And no one could effectively explain the wide difference.
Is it just the issuing country or what? For now I like inter-bank transfers.

And no you will never received the posted exchange rate and you are lucky if you get within 30 centavos. Mis dos centavos, Cruz
264



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