Dreaming...Anyone know of any good dive deals in Cozumel?
- Thread starter DevilEyeDog
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I was asked for, and have provided, a fair solution which treats everyone equally. I have provided it. Countries using their legal tender for pricing. Stop conflating, and just try refuting how this would not be fair to everyone - no matter which country you're from. You will not be able to.
BrewingDiver
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I also have heard that the dive shops pay many expenses in USD. In some cases, such as boat parts, these are significant, AND, cannot be locally sourced or paid for in pesos, thus the need to adjust pricing to USD in order to survive. The peso's value is historically too unstable so the shops just cannot let it ride and still consistently meet expenditures.
Larger companies use hedging to mitigate this, of course, but that too has a cost and is not practical for these small businesses.
I don't know how this could be any other way as a practical matter and have the shops remain viable.
Larger companies use hedging to mitigate this, of course, but that too has a cost and is not practical for these small businesses.
I don't know how this could be any other way as a practical matter and have the shops remain viable.
For some reason I thought this discussion was directly related to finding a good dive deal in Cozumel. Then I read it.
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He was offered free diving and hotel stay. Can't beat that.
sefuchs
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As usual, most Cozumel discussions get sidetracked and the topic gets lost in page after page of debate on some unrelated topic. I'm bored due to the CV-19 thing so I still follow the Cozumel board (since Coz is my primary dive spot) but once the discussion veers into the abyss I just quit following and head over to other boards that seem to stay on track better and seem much friendlier.
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I can cut though the noise, I believe, with a fundamental question: If the US$ holds at 20 pesos to the dollar and the CDN$ starts at CDN$1.00 = US$1.00 but then declines to 90 cents US, do you think you can still get 20 pesos for your Canadian dollar? I don't think so, but as I have said many times, I am not an economist. If you can, I told you what you can do; you can withdraw 20 pesos per CDN$ at an ATM and pay your dive bill with it. Problem solved. If, as I am pretty sure, you can't get but 18 pesos for it, than your problem is simply the decline in the value of the CDN$ in the international money market. Even if the price of a dive were in pesos and stayed the same, you would still have to spend more CDN$ to pay for it.
You say you have provided a solution, but you have just flatly stated it; that proves nothing. Show me the numbers, all of them, in balanced equations. Start with 1 CDN$ = 1 US$ = 20 pesos MXN. Change it to 1 CDN$ = 0.9 US$. What happens?
Finally, any diving rate, no matter what currency it's expressed in, has a value in pesos. Ask your op "How much is that in pesos?" and they will tell you, based on the exchange rate to pesos from wherever you are starting. US$ doesn't have to come into play into it at all.
That's it; I am done here. You have my sympathy for either your getting screwed by Cozumel dive ops or your inability to grasp why you are not. Take your pick.
Ministryofgiraffes
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.deleted. I’m done.....
I can cut though the noise, I believe, with a fundamental question: If the US$ holds at 20 pesos to the dollar and the CDN$ starts at CDN$1.00 = US$1.00 but then declines to 90 cents US, do you think you can still get 20 pesos for your Canadian dollar? I don't think so, but as I have said many times, I am not an economist. If you can, I told you what you can do; you can withdraw 20 pesos per CDN$ at an ATM and pay your dive bill with it. Problem solved. If, as I am pretty sure, you can't get but 18 pesos for it, than your problem is simply the decline in the value of the CDN$ in the international money market. Even if the price of a dive were in pesos and stayed the same, you would still have to spend more CDN$ to pay for it.
You say you have provided a solution, but you have just flatly stated it; that proves nothing. Show me the numbers, all of them, in balanced equations. Start with 1 CDN$ = 1 US$ = 20 pesos MXN. Change it to 1 CDN$ = 0.9 US$. What happens?
Finally, any diving rate, no matter what currency it's expressed in, has a value in pesos. Ask your op "How much is that in pesos?" and they will tell you, based on the exchange rate to pesos from wherever you are starting. US$ doesn't have to come into play into it at all.
That's it; I am done here. You have my sympathy for either your getting screwed by Cozumel dive ops or your inability to grasp why you are not. Take your pick.
Ggunn, Shawn C wants a on dimensional chess world between the Pesos and the Canadian Dollar. He doesn't care how other currencies interact with those two currencies. If he walks in the dive shop one day, and the price is 20,000 Pesos and the next day it's 24,000 pesos, he doesn't care. Well..., actually he would care, but that would just be another b!tch of his - how much the diver prices are fluctuating. He doesn't seem to get that he is unable to explain his position to just about anyone.
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