February 3, 2009

Mexican Peso all time low

Mexico more affordable than ever

Zihuatanejo Guerrero Mexico.  Yesterday Feb 2. 2009 and today, marked the lowest trading value for the Mexican Peso over the US Dollar.  While this news is not good for those earning Mexican Pesos, it´s great news for travelers, vacationers, retirees and folks looking to make Mexico home through realestate investments.  Today, if you went to the bank and exchange US$100 you would get MX$1458, that´s almost 40% more pesos than just 1 year ago, when the same US$100 would get you MX$1081.

This is a great time to look in to investing in Mexico, it´s more affordable than ever.

 

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