Yes, taxis in Cozumel do accept US dollars for payment.
While US dollars are a widely accepted form of payment by taxi drivers in Cozumel, it's important for travelers to be aware of how this transaction typically works.
Paying with US Dollars in Cozumel Taxis
Cozumel taxi drivers are accustomed to receiving payment in both the local currency, Mexican Pesos (MXN), and US dollars (USD). This flexibility can be convenient for visitors who haven't yet exchanged their currency.
However, a key point to remember is that when you pay with US dollars, the taxi driver will determine the exchange rate for the transaction. This rate is often less favorable than the official bank exchange rates or what you would typically get if you exchanged money at a local casa de cambio (exchange house). Consequently, paying in USD usually results in a higher cost for your taxi ride compared to paying with Mexican Pesos.
Practical Tips for Taxi Fares in Cozumel
To ensure a smoother and potentially more cost-effective taxi experience in Cozumel:
- Prioritize Mexican Pesos: Whenever possible, use Mexican Pesos for your taxi fares. This approach generally provides the best value as you'll avoid unfavorable exchange rates set by individual drivers.
- Confirm Fare Before Boarding: Always agree on the fare with the driver before you start your journey, regardless of the currency you plan to use. While Cozumel taxi fares are often fixed for specific routes, confirming the price beforehand helps prevent misunderstandings and ensures transparency.
- Carry Small Denominations: Whether paying in US dollars or pesos, it's advisable to carry smaller bills. Taxi drivers may not always have exact change for large denominations.
- Understand Local Rates: Familiarize yourself with common taxi fares for popular routes around Cozumel. This knowledge can help you gauge whether the quoted price is fair.
