<prompt> Human: Hey Reddit, Im an Australian heading over to Mexico for a holiday in December through until February. Basically what I want to know is how will the Mexican peso falling affect me when Im there as I have heard mixed reviews. If the Peso falls, does that mean I get more pesos for each USDAUD or does that mean I get less? Any help will be much appreciated, Thankyou! P.S - Sorry if this is the wrong sub, I wasnt sure where else to post.  <response>: I travel to Mexico quite frequently. Here is one thing to keep in mind; when the peso loses significant value relative to foreign currencies in particular, the US dollar. Many establishments in tourist areas will raise their prices to reflect the change in the pesos value. You will find this primarily in tourist destinations at establishments restaurants, bars that are frequented primarily by tourists. Places frequented by locals typically dont do this, so you will get real bargains by patronizing these. Go where the locals go 