Exchanging Argentinian peso!!
Replies: 37 - Last Post: May 13, 2013 3:56 PM Last Post By: kolgas
Feb 2, 2013 8:16 PM
Exchanging Argentinian peso!!So if you can get more Argentinian pesos to the dollar on the black market would it be smart to come with a lump sum of US dollars exchange to ARS and when I go on to Bolivia change the AR to bolivianos? More Argentinian pesos means more bolivianos? Right?
Sorry if this sounds dumb but its making sense in my head! But I am sure there is something I am not understanding...
Thanks in advance for your kind responses! :)
Feb 2, 2013 10:06 PM
1Change only what you need,spend all Peso in Argentina before you leave.
Nobody wants them.
Feb 3, 2013 1:53 AM
Feb 3, 2013 4:29 AM
Feb 3, 2013 7:40 AM
4Interesting logic, you mean: buy ARS for black market price and then sell it for official price in another country. Good luck with this. Honestly if that was the way to get rich haven't you though everybody will do it?
ARS are not exchangeable for official price anymore, anywhere. You will simply loose lots of money.
Feb 3, 2013 8:45 AM
Feb 3, 2013 9:25 AM
6More Argentinian pesos means more bolivianos? Right?
Nobody outside Argentina wants Argentine pesos.
Feb 3, 2013 10:30 AM
Feb 3, 2013 11:06 AM
Feb 4, 2013 6:22 AM
9I would be careful in smaller towns as the rate (at least for me in El Chalten and El Calafate) was not anywhere near what I could get in Mendoza or what they give you in BA.
The best I could find was 5.6 in El Chalten, so I would recomend stocking up (for at least a few days or even a weeks travel) in BA when you plan to go to smaller cities or towns.
Feb 4, 2013 10:24 AM
10exchanging money on the black (Actually called blue now) market in Argentina is safe as long as you are not a real idiot. Changing arg. money outside Argentina is pretty difficult and the rate bad. You obviously missed some part
Feb 4, 2013 12:42 PM
1.) Will I be able to use my US credit cards and debit cards in Argentina without any trouble?
2.) Is it impossible for Americans to get US dollars in Argentina (as it is for Argentinians)?
Feb 4, 2013 4:21 PM
12Yes, most of your US credit/debit cards will work fine, but since you'll be paying the "official" rate you'll get smoked on the exchange. Official is around 5 pesos, blue rate is approaching 8 and lots of high-end places will discount their products up to 10 pesos.
Do not plan on buying USDs in Argentina, that makes no sense at all.
Feb 5, 2013 12:29 PM
13So what you're saying is to stock up on dollars in Uruguay? Also, what do you mean by a discount of 10 -- how does that work? Lastly, can you suggest a safe place to buy blue market pesos?
Feb 5, 2013 12:36 PM
14Or is the best thing to do to get dollars in Uruguay and then pesos in Uruguay? Sorry -- I know I sound like a schmuck, but I'm super budget...
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