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WhereDaily News: Mexican Caribbean Ramps Up for Record Traffic Thanks to All Time Peso Low
PLAYA DEL CARMEN, MEXICO--(Marketwired - Oct 5, 2015) - The cost of a vacation to Mexico's Caribbean coast just decreased with the recent drop of the Mexican peso against the US dollar. On September 25th, 2015 the peso plummeted to 17.045, the lowest it's been in over 15 years. Just as temperatures are cooling north of the border, Playa del Carmen (Playa) is planning for its busiest season on record. Matt Weatherbee, owner of North Americans Standards, a Playa del Carmen vacation rental company, is amazed at the influx of US travelers flocking to Mexico. "People are coming in droves, taking advantage of the 17 to 1 exchange rate. The cost of a vacation to Mexico is a fraction of what it was 10 years ago. When I moved to Playa in 2008 the rate was 12 to 1. Now it's 17. It's unbelievable how inexpensive Mexico has become."
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