Money Changing at Borders
 

Silly question, we are nearing Belize and expect to have pesos left. In addition to US currency, will local money changers change local bordering currency, also. I realize the rates probably will not be favorable. Thanks.

Yes and Yes, check the rates before hitting the border and don't expect the money changers to favour you rather than themselves but if you show that you are aware of the normal tourist rate and are prepared to accept a slightly lower rate for the convenience they are providing it's no great problem, the locals do it all of the time. Ride safe.

Thanks for the quick response. Very much appreciated.

You get a better deal on the mexican side of the border
ride safe

At all borders I have found that the money changers offer rates which are within very close range of all others and not far off the official rate .They are constantly reading on the internet exchange rates. At banks you may also have to pay an addditional service fee and wait in long lines- if you can find an open bank at your tim e of search.
Also , change your leftover pesos or other Moneda Nacional if you are NOT comeing back thru that country, otherwise just store them for the return leg. The local hotels will often accept payment in US dollars but they work with a n exchange rate seriously skewed in their favour, so ask prices and pay in the national currency.
Change US dollars at the border guys only if you absolutely need cash. The best is to just change a small amount needed to see you thru until you hit the nearest bank machine, then take out the amount of local currency you will need from your home bank account. This is a better deal even with the service charges.
Panama and El Salvador use the US dollar and ABMs dispense cash in US dollars.