The official currency is the Mexican peso which is available in the following bill denominations: 20, 50, 100, 200, 500 and 1,000 pesos; and coins of: 10, 20 and 50 cents and 1, 2, 5 and 10 pesos. The US dollar is accepted in all exchange houses and some also accept the Canadian dollar and the euro. The main tourist establishments accept US dollars as payment. The use of the euro is not as common, but some businesses also receive it. Keep in mind that in rural areas and towns only accept Mexican pesos in cash as payment and that there is only one ATM in this beautiful island.
There are NO BANKS in Holbox Island, and there is only one ATM in the entire Island, however it doesn’t always have enough money. Therefore we strongly recommend you to bring enough cash since only a few stores and restaurants in the Island accept Credit Cards .
General taxes in Mexico apply to any kind of goods and is usually 16% IVA (Impuesto sobre el Valor Agregado) most of the Hotels already include these taxes in their rates but be sure to ask first, rather than to be surprised by the hidden fee.
ISH Taxes on lodging equals to 3%.
Make sure to keep your documents safe at all times. Some hotels have safety deposit boxes at the front desk where you can leave your documents. It's a good idea to make photocopy of your documents to carry around.
Please keep in mind that mosquitos are abundant in Holbox Island, do not forget your bug repellent and some After Bite.
It is not safe to drink the tap water in Holbox island, because of the high amount of minerals in the subsoil. Therefore it is always preferable to consume only bottled water and refill your bottles from the jumbo water bottle at any Hotel.
Electricity AC/DC in Mexico is usually available in 110v, There are very few grounded power outlets so we highly recommend you carry an adapter along, Don't forget to bring it with you.
If you are under a medical treatment, please remember to bring enough medication. In Mexico many antibiotics and some other drugs are under a controlled sale regulation, which will require you to present a prescription so if you will require buying them while you’re here, do not forget to ask your doctor for an extra prescription and bring it with you.