If the exchange rate is 11 Mexican pesos per U.S dollar, then it takes _______ to buy 1 peso? June 1, 2019 – by admin If the exchange rate is 11 Mexican pesos per U.S dollar, then it takes _______ to buy 1 peso? A. $0.0909 B. $0.1002 C. $0.2826 D. $1.1024