Dollars/Pesos and Fishing

by OlsenMN, Tuesday, February 09, 2016, 17:48 (3929 days ago) @ frostbite

My guy quotes in US Dollars and I pay him with Pesos at the current exchange rate. Same price for me as in recent years and more for him now.

You are so (insert non swearing word that indicates fiscal naivete)

If you were quoted pesos, let's say 5000 a year ago when you reserved your fishing trip the rate was 14.5/USD which is $344/usd. But now you arrive, go to the ATM and withdraw 5000 pesos it will only cost you $265USD. And you will have saved money ($79 dollars or 1485 pesos) to spend on restaurants or souvenirs and this makes your vacation in Zihuatanejo a great deal and you are happy!!!. Your captain gets the 5000 pesos he quoted you and he is happy. The restaurants and shops are happy because you are spending more! And your Canadian friends are happy because their rate has not changed and they know what they are spending.
Just saying!


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