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20 to 1 Gone

Discussion in 'Cozumel' started by Dave Dillehay, Mar 23, 2017.

  1. Dave Dillehay

    Dave Dillehay Contributor

    Peso has been coming back and today I saw a offer of 17.5 to 1 at San Jorge Change store. The drop seems to be continuing so if you got a bunch of pesos at 20 you made out.

    Dave Dillehay
    Aldora Divers
  2. k4kafka

    k4kafka Contributor

    A remarkable turn-around considering nothing politically warrants it...
  3. DjDiverDan

    DjDiverDan Regular of the Pub

    # of Dives: 500 - 999
    Location: Sunnyvale, TX USA
    Yeah, kind of puzzling, really. I would have expected that the Fed's 0.25% rate hike on March 15 would have turned it around - higher interest rates should have strengthened the dollar (higher returns on American debt makes investment in American assets more attractive, increasing demand for dollars).
    Last edited by a moderator: Mar 23, 2017
    Newdiv and JohnN like this.
  4. lonebrave

    lonebrave Contributor

    # of Dives: 200 - 499
    Location: Maryland
    18.73 I think is what the sign at Mega said today.

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