Yeah, the Mexican peso uses the same symbol ($).
However, I think my memory was off somewhat. I'm about 4 hours away from the border and used to go down there once in a while in the '70s and early '80s with friends. I would always buy 6-packs of XXX Cerveza (Tres Equis) (which they don't make anymore) to bring back for 15 pesos which I remember as being $1.25 American. So back then it would have been 12 pesos to the dollar making the magazine price less than one American dollar.
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