Got 6. 2:1 this afternoon for 2k US
[QUOTE=SunSeeker;426888]Got 6. 1 to 1 at the cervino cueva an hour ago. 10x$50=$500 USD[/QUOTE]Thanks WhiteCat. Got a great tip from blanco gatita. I am staying on junin kitty corner to the cemetery in recoleta. As you head down junin after vincente Lopez and before las heras there is a coin store across from the newly renovated recoleta mall. Walked in and asked for cambio. Nice young fella walking me into the back room that is setup like a bank tellers window. No hassles and very professional. Was offered 6:1 for 1000 countered with 6. 2 for 2000 used. Agreed after a short discussion with the boss. Good bills, checked them all out, looked just fine. Very convenient as this store is 10 meters away from my apartment. Highly recommended. Thanks Kitty. Mongering on all. Toymann
Xoom saga update- More Casa hassle
All my prior posts outlines each specific hassle / verification step imposed by either Xoom or by More Casa the pickup vendor.
This time it was More Casa (again). No matter being cleared by Xoom for higher send limits and being under cap just fine right now, More Casa told me today couldn't pickup my 1k send txn because I now have to prove that I own the sending bank account.
They told me this triggers when anyone hits 50k pesos total sent through More Casa. Didn't say time period mattered, just overall total.
So the demand now is I bring actual paper print out. Said would not accept email or PDF or digital copy- of my bank statement showing official bank statement form and at least one month worth of transactions showing the Xoom debits going from my account.
Have the prints now after hassle finding locutorio to make prints and waiting till mon when More Casa opens again. Knowing Argie logic they will say my bank txn amt doesn't match the More txn amount (because my bank will show $1030 deducted inc Xoom fee while More shows only $1000.
Will see how it goes mon but heads up if you will, be using Xoom mid to long term, new hassle trigger for this step hits at 50k pesos total via More Casa
Changing money at Xoom is not a exiting experience by any measure
Mongers,
I changed money at xoom for the 2nd time today. First time was just a "test" run. Today was changing for real need.
The xoom transaction online went fairly well and was approved within 4-5 hours with no paper work submission.
However, at "Money & More" counter at Libertad, it was quite a odyssey.
When I reached the Money / more counter at libertad, their were only 3 people ahead of me. But when I was done, their were at least 15 people awaiting behind me!
The guy took almost 45 minutes with me. Asked me so many questions. Believe me, I never had to answer so many questions even at US immigration or for a job interview in my life! It was like I was standing in the court for a criminal case and undergoing severe interrogation by the public prosecutor!
Questions were like " which company you work for ","what is the company's address and phone no"," what is the company's website","what are you doing in ARgentina"," Till how long you would be here"," why are you on such a long trip in Argentina"," are you single or married"."How many times a year you come to Argentina" " How many transfers you plan to make further via xoom"," why don't you use your debit card, why use money / more" " do you have another means of I'd other than your passport" etc etc etc.
It was not very pleasant. Everybody knows they are giving a blue rate (though not necessarily the best rate). I got a difference of 450 pesos, had I us$ and changed us$ directly in a cueva as compared to them!
And worse thing was to see so many people awaiting behind me! I wonder if all will go through the similar ordeal.
My first xoom transaction was on 10th Aug for 500 us$ and had gone super smooth. I was in and out of the place in like 3 minutes. But today was really horrible. What are they trying to achieve? Not sure!
Leaving the country and dumping my remaining pesos
As I was awaiting my flight out of Aeroparque to Santiago, Chile, I was of course unable to find any authorized manner of losing the excess 350-400 pesos that I had in my possession. I was, however, able to find someone who was just entering Argentina from the USA whom I was able to get to give me $50 US for 350 pesos, and I bought lunch with the remaining 57 pesos I had in my possession prior to my flight out.
FYI, one should budget around 45 pesos for the taxi fare to Aeroparque from the AP house if done during a period of busy traffic as mine was.
Xoom rate today 6. 1184 ARS
Something on the horizon?
Things are picking up. 6.33 yesterday
In Spanish:
[url]http://www.cronista.com/finanzasmercados/El-dolar-blue-sigue-en-torno-a-los--630-tras-el-fuerte-salto-de-ayer-20121018-0082.html[/url]
Blue Dollar Exchange Rate
I will be visiting BA in Jan and was wondering how the Blue Dollar exchange rate is effecting the rates of the girls. I am sure they will be wanting to be paid in dollars, but when they convert their price to Pesos are they doing it at the official exchange rate or the blue dollar exchange rate? With a spread of around 30-35% are you able to really cash in on the benefit or are the girls wise to it?