Cabo San Lucas and nearby San Jose del Cabo have long been favorite spots for travelers searching for sun, sand, lively nightlife, and memorable activities.
As the city has evolved, concerns about too many buildings and too many visitors have emerged, raising questions about its current appeal.
This article explores practical tips on currency options in Cabo, local cuisine, and transportation. This information will help you prepare for your trip.
Currency in Cabo San Lucas
In Cabo San Lucas, knowing the local currency is important because pesos and US dollars are accepted. Being aware of current exchange rates helps travelers manage their money effectively.
Using Pesos vs. US Dollars
Visitors often wonder whether to use pesos or US dollars, as both currencies are widely accepted at hotels, cafes, shops, and restaurants in Cabo. This choice can greatly impact their experience, as knowing currency exchange rates is important for budgeting.
Using pesos can sometimes offer more favorable rates, saving travelers from incurring extra fees from unfavorable dollar conversions. Conversely, paying in US dollars provides convenience for those who prefer familiar currency during their vacation. Our villas in Cabo even accept crypto payments to make it easier for you.
However, challenges may arise, such as receiving change in pesos and complicating later transactions. To simplify purchases, carry both types of currency and spend wisely.
Where to Exchange Currency
For travelers looking to exchange currency in Cabo San Lucas, several options are available, including local banks, currency exchange booths, and ATMs. Each offers varying exchange rates and convenience, so knowing the advantages and disadvantages enhances your travel experience.
Local banks usually provide the best exchange rates, but they may have limited hours and long lines. Currency exchange booths are easy to access in tourist areas but often charge higher fees or have less competitive rates. You can find good currency exchange options at popular spots like Hangout Cafe, Oasis Bar and Grill, and San Francisco Coffee Company.
ATMs are a convenient choice for getting pesos directly. Watch out for additional fees and make sure the ATM is in a safe place. Using ATMs at trusted spots like the airport or near large hotels is safer.
By evaluating these options, travelers can make smarter choices about currency exchange.
For more details about Cabo San Lucas, check resources from airlines like Aero California, AeroMexico, American Airlines, Delta Airlines, Alaska Airlines, and Mexicana.
Frequently Asked Questions
1. Do I need to bring pesos to Cabo?
Yes, bringing pesos to Cabo is recommended, as this is the official currency. While some places accept US dollars, having pesos for transactions is best.
2. Can I use my credit card in Cabo?
Yes, credit cards are widely accepted in Cabo San Lucas. It’s best to notify your bank about your travel plans to avoid any fraud protection issues.
While many places in Cabo do accept credit cards, it’s always wise to have some cash on hand, as some smaller shops and restaurants may not accept cards. ATMs are available for withdrawing pesos.
3. Should I exchange money before going to Cabo?
It’s a good idea to exchange some money before your trip. You can also exchange currency at banks, exchange offices, and some hotels in Cabo. Be aware of exchange rates and fees, and it might be convenient to exchange currency at San Jose Del Cabo International Airport upon arrival.
4. What other currencies are accepted in Cabo?
While some places may accept US dollars, it’s best to have pesos for transactions. Larger hotels and resorts may accept other international currencies, but having pesos is always recommended.
5. Is it safe to carry cash in Cabo?
Like any travel destination, be cautious when carrying cash. Only carry what you need for the day and keep the rest in a secure place. Use hotel safes and think about ways to protect against theft.
6. Can I use my debit card in Cabo?
Yes, you can use your debit card in Cabo. Inform your bank beforehand to avoid issues with international transactions. You may also incur foreign transaction fees, so it is best to check with your bank beforehand. Fraud protection services from your bank can also be useful.
