Place water and limes into a blender.
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You can remove the rind for a less bitter flavor.
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Add sugar.
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Blend on high for 1-2 minutes.
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Strain the liquid through a fine mesh strainer.
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Press down any excess liquid.
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Stir in sweetened condensed milk and ice. Add some extra limes.
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Pour into glasses and garnish with lime wedge.
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