Tuesday, November 25, 2008

Don't "Peso" Much for your Vacation

The US Dollar lets you not “PESO MUCH” for your vacation

Monday, Nov. 25, 2008
Steve Schwab


Mexico is on sale! The U.S. slowdown and the ensuing global financial crisis hit Mexico and the Mexican peso has lost a quarter of its value in recent weeks plummeting to its lowest rate since 1994. For the last 7 years or so, the peso has traded at roughly 10 pesos to one U.S. dollar (10:1). Just this year - in August - the exchange rate was 9.2 pesos to $1 USD. In just two short months later the exchange rate rose to 11.2 pesos to $1 USD. And today it is trading at an astounding 13.5 pesos to the dollar.

So, what does this mean for your vacation? It makes your vacation roughly 30% cheaper! Food, gas, souvenirs and lodging are all affected by the weak peso. And when you combine this with the off season discounts being offered right now it’s obvious that Mexico is a great budget getaway in these hard economic times.

For those of you who have never been to Mexico during the off season you will find no crowds, no lines, and beaches that are tranquil and quiet. We can't wait to share it with you. Check out Rocky Point for great deals at amazing vacation getaways

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