Puerto Vallarta and Bahía de Banderas received US$167.1 million in remittances through September. Their peso value fell by about MXN 190 million.
Puerto Vallarta, Jalisco, November 13, 2026 – Puerto Vallarta and Bahía de Banderas received US$167.1 million in remittances from January through September, up 5.2% from the same months last year. A stronger peso more than wiped out that increase. The money was worth about 190 million pesos less at Banco de México’s benchmark exchange rates.
Puerto Vallarta accounted for US$110.9 million, up 4.6%, while Bahía de Banderas took in US$56.2 million, up 6.3%, according to Banco de México’s municipal remittance figures. In pesos, the estimated value fell 6.7% in Puerto Vallarta and 5.1% across the Río Ameca in Bahía de Banderas.
Vallarta Daily checked the decline by converting each quarter’s dollar total at that quarter’s average FIX rate, Banco de México’s daily benchmark. The three quarters added up to 2.91 billion pesos this year, down from 3.10 billion in 2025, a drop of 6.1%.
Just over half of the decline came in the first quarter. From January through March, a dollar was worth an average of 17.56 pesos this year, down from 20.42 in the same quarter of 2025. By July through September, the two municipalities had received US$56.7 million, their highest quarterly total so far this year. Even that came to about 61 million pesos less than in the same quarter last year.
The bay’s gain in dollars went against the trend in both states. Banco de México’s state figures show remittances fell 0.9% in Jalisco and 1.5% in Nayarit. Across Mexico, they rose 2.1%, a slower pace than the 3.1% increase Vallarta Daily reported at midyear. Last year, national remittances fell after 11 straight years of growth.
Over a longer stretch, the amounts reaching both sides of the bay have grown substantially. Bahía de Banderas received US$18.4 million in 2013, the first year in Banco de México’s municipal series. By 2025, that had nearly quadrupled to US$72.2 million. Puerto Vallarta went from US$56.6 million to US$145.1 million over the same period.
What lands in someone’s account depends on the day and the transfer company’s exchange rate and fees. At Banco de México’s nine-month average rates, the same US$100 was worth about 1,950 pesos last year and 1,740 this year. That’s a difference of 210 pesos on a single transfer.
