How much money/cash travelers checks should a person take going to the Mayan Riviera?

We are going to the Mayan Riviera, and I was wondering if there is a specific amount of cash one is allowed to have on hand? And should I take travlers checks with me?

How much money/cash travelers checks should a person take going to the Mayan Riviera?
Nix on the TC's ... very hard to change. Take a couple hundred and get the rest from ATM's
Reply:The amount of cash you should take depends upon the amount you have available and what you plan to do. The rule of thumb is pack half as much clothes and take twice as much money.





You can take up to $9,999.99 USD in cash, travelers' checks, and other monetary instruments into the country without declaring it. If you take 10,000 then you will need to declare it when leaving the US (I presume you live in US) and upon entering in to Mexico.





That being said. Here are some simple rules. Do not take a lot of cash with you. Your best bet is to USE THE ATM'S provided at the banks, 7-11's, and other convient places. But check the fees first as they will vary from machine to machine. Better exchange rates here.





Travelers' Checks are accepted but generally you will recieve a lower exchange rate than cash.





The Yahoo Currency Converter: http://finance.yahoo.com/currency?u The exchange rate can vary daily. But this should give you an idea of what you should be getting for your money.





Remember in Mexico at the ATM's want to withdrawal money be careful. It is giving in Pesos so 100 pesos is just over $9.00 USD. So if you want 100 usd then get 1,100 pesos.





Do not exchange your money for Pesos before you arrive in Mexico. If you are in the US and you do it here, you will feel like you have been ripped off since they will give you a low, and I mean low exchange rate. If you are traveling via Mexico City change money at the airport, and you will get a good deal there. As to the airport at your destination I am not sure of the rate.