In a conversation with a fellow expat co-worker today, she moaned the fact that teacher salaries here don't add up to much when there are debts to pay back home. She calculated that she makes about $4 an hour--maybe about average here in this country--but definitely not enough to send home. She said she'll be packing up her bags and heading back north when the school year ends. Vales keep her fed, but the cost of rent and debts are posing too big of a concern despite really wanting to stay.
I'm thankful my husband has a job that allows us to live well here in this country, but our stomachs will be churning when we have to finally give in and send that money home at a 30% loss.
UPDATE: buying up pesos seems to be working. As on Feb 6, the peso fell to 14.1!