DannyTS
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I am wondering what impact the weakening pesso will have on the resort budget for the next year.
The only mention of the exchange rate I found was in the latest (January 2019) presentation, they used 17.5 USD/MXN rate for the 2018 budget (reflected in the MF we paid in 2019). While the exchange rate was briefly at that level for few weeks in 2017, the average has been much higher after that and it is currently at 19.37. Of course this is important since the MF could actually go down once they adjust for the current USD/MXN exchange rate.
Does anyone know what is the current rate they are using for the next budget? Over the years, has anyone noticed a big discrepancy between the rate they used and the actual average exchange rate?
The only mention of the exchange rate I found was in the latest (January 2019) presentation, they used 17.5 USD/MXN rate for the 2018 budget (reflected in the MF we paid in 2019). While the exchange rate was briefly at that level for few weeks in 2017, the average has been much higher after that and it is currently at 19.37. Of course this is important since the MF could actually go down once they adjust for the current USD/MXN exchange rate.
Does anyone know what is the current rate they are using for the next budget? Over the years, has anyone noticed a big discrepancy between the rate they used and the actual average exchange rate?
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