I will be heading down to Playa del Carmen (staying at the Iberostar Tucan) on Friday.

I've been told I should plan to use pesos not dollars for better prices. Is this true?

Any tips for the best rates for exchanging money? The hotel? Or a local bank? Or elsewhere? I assume the airport won't be a great rate.

Thanks in advance for any advice and hints you can provide!

swimfan,

I have NEVER had a problem using dollars, so I would not worry about that...though I do usually carry a few Pesos. In terms of exchanging a few dollers:

1.) Do it in the USA before you leave.
2.) DO NOT exchange money at the airport.
3.) There are a number of "Cambio's" where you can exchange money once your there or at the hotel.

Again, everyone will accept dollars and it should have no bearing on what price you will pay!