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Found 5000 Pesos bill in box at home....where to exchange?

Found 5000 Pesos bill in box at home....where to exchange?

Jun 24th, 2005, 07:09 AM
  #1  
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Join Date: Sep 2004
Posts: 42
Found 5000 Pesos bill in box at home....where to exchange?

I was just going through an old box and found a bill for 5000 Pesos from my husbands trip about 13 years ago. I didn't even think it would be worth much knowing absolutely nothing about mexican currency, but looked it up and found out it's a nice chunk of change here. Where can I go to exchange it to USD? I've never done this before - we are in Florida...Thanks for your help!
88shannon88 is offline  
Jun 24th, 2005, 07:28 AM
  #2  
 
Join Date: Mar 2004
Posts: 6,233
That 5000 is probably not really worth what you think:

Mexico's currency is the Mexican Peso (sometimes referred to as the New Peso (Nuevo Peso), since Mexico re-valued its currency in 1994. There are one hundred Mexican cents (Centavos) to every peso.

1 new peso = 1000 old pesos

So 5000 in old pesos is worth 5 new pesos, about $0.50 US. Not exactly worth exchanging.
schlegal1 is offline  
Jun 24th, 2005, 10:27 AM
  #3  
 
Join Date: Jun 2004
Posts: 257
Can't exchange it now, anyway!

Steve
Ryberg is offline  
Jun 24th, 2005, 10:55 AM
  #4  
 
Join Date: Mar 2004
Posts: 5,869
It's worthless.
M
mikemo is offline  
Jun 24th, 2005, 11:20 AM
  #5  
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Join Date: Sep 2004
Posts: 42
Wow, that figures! I guess I should have gone with my first hunch that it wasn't worth anything - too bad I got used to the idea of having $450 in my pocket. Thanks guys!
88shannon88 is offline  

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