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[QUOTE=Mpexy; 431242]7. 25 to 1, for 1200 USD this morning at 11:00am at recoleta cueva.
Note. Initially asked for 7. 20 and teller said ok, yes. But in rare honesty for Argentina, she then told me after punching in the 1200 into computer system they use that for that amount I'd get 7. 25[/QUOTE]If it is then do you know if it is open on Saturdays and what the hours of operation are? I arrive tomorrow morning and will need to get some pesos. Happy mongering all. Toymann
Arriving BsAs in two week need reliable / safe exchange location in Congresso area.
Post here or PM me prefered, Thanks
[QUOTE=Toymann;431243]If it is then do you know if it is open on Saturdays and what the hours of operation are? I arrive tomorrow morning and will need to get some pesos. Happy mongering all. Toymann[/QUOTE]Don't know about the one on Junin but the one on Arenales os closed Saturdays and Sundays and it closes at 5. 30 Monday to Friday.
Saw yesterday the Blue Dollar rate was 7. 51 to 1.
Anyone getting that rate anywhere?
Was the rate I was able to get. I was very happy and appreciate advice of others.
Does anyone know if the western union place changing dollars near Florida is still open?
[QUOTE=MJsummit;431324]Does anyone know if the western union place changing dollars near Florida is still open?[/QUOTE]It certainly was last week. Although the Western Union banner is no longer hanging outside, so it's a bit harder to find if you don't already know it!
Xoom now at 7.05.
Received 7.10 to 1 today.
Cervino and scalabrini was 7.2 around noon hour,
Received 7.2 at the Arenales cueva late yesterday morning.
[QUOTE=Jim Mac;431333]Received 7.2 at the Arenales cueva late yesterday morning.[/QUOTE]A general question for all those using the services of a cueva: say you exchange $1,000 at 7.2, do you go through all 72 100 peso bills checking for counterfeits before you leave? And if you do check them, what do you look for? I know about the metallic ink (easy to check) and the watermark (more time consuming to check). Are there other security features?
CQUOTE=Jim Mac; 431333]
Received 7.2 at the Arenales cueva late yesterday morning.
The "Blue Baby' hit $7.65 yesterday if you know where to go , I never exchange very much money so I don't care much but the TV that I bought for $1500.00 dollars would now cost me $1000.00 dollars eventhough the price has gone up by 1000p !
Crazy ! That is quite a bit of a diff .
There is a 50% ( give or take a centavo ) between Baby Blue and the Official bullshit Rate , the house of cards must fall apart soon .
TL
Makes me mad because now I want a 4k Super HD TV , you can have my 3 month old Sony at cost ! 3D Smart TV .
P.S - Good chance that your Dollars are as fake as their pesos !
[QUOTE=Gbartoli;431341]A general question for all those using the services of a cueva: say you exchange $1,000 at 7.2, do you go through all 72 100 peso bills checking for counterfeits before you leave? And if you do check them, what do you look for? I know about the metallic ink (easy to check) and the watermark (more time consuming to check). Are there other security features?[/QUOTE] At Arenales they count out 100's with the metallic strip down. I watch each one carefully as they count them out. Then I recount them at the counter with the metallic strip up. I've given them back a couple of bills that were in bad condition and they changed them without question. There's no guarantee but when I see the professional style of the Arenales cueva I believe peddling counterfeits is just not in the business plan, it would potentially cause them all kinds of grief.
I'm just down here as a tourist on a long trip and I've now changed over $5k at Arenales which means over 300 Ar$100 bills received and I've had no problem with any of them.I started with a 40% spread on the official rate and its now up to 505. When I'm in tourist places and I see other tourists haul out their credit cards to pay for things,I just shudder. They are crazy and,of course,probably completely unaware of how to access the blue market. Fortunately I read this board.
[QUOTE=Gbartoli;431341]A general question for all those using the services of a cueva: say you exchange $1,000 at 7.2, do you go through all 72 100 peso bills checking for counterfeits before you leave? And if you do check them, what do you look for? I know about the metallic ink (easy to check) and the watermark (more time consuming to check). Are there other security features?[/QUOTE]You should check every bill,every time. Once in twenty I give myself a pass at the curva I go to. Even if you don't know what you're looking for make a show of checking your bills.They don't know that you don't know what you're looking for. If you don't check them beieve me they will notice.
Here's a pretty good article on what to look for when checking Rocas.
[url]http://santelmoloft.com/2011/07/22/fake-money-in-argentina/[/url]
... Which is maybe what you would expect anyway. But a post back in November said that it was open on Saturdays. I got there around 11:15 and it was closed, and a sign in the window said that it is open only weekdays.
Bob.
Received 7.4 both today and yesterday at the Laval street location previously mentioned in this thread.
They are open Mon through Sat until 5 pm.Closed Only on Sundays.
[QUOTE=AllIWantIsLove; 431352]{TCS-ellipses} Which is maybe what you would expect anyway. But a post back in November said that it was open on Saturdays. I got there around 11:15 and it was closed, and a sign in the window said that it is open only weekdays.
Bob.[/QUOTE]It was good information in November. I went there on a Saturday first thing after I arrived. Thank you for the update.
Any chance someone is so kind as to give the specifics.
Of the "Leval" and "Arenales" locations.
Thanks.
Read the post (#97?)
Lavalle about 750.
Opposite from Acapulco Resturant.
[QUOTE=MJsummit; 431374]Any chance someone is so kind as to give the specifics.
Of the "Leval" and "Arenales" locations.
Thanks.[/QUOTE]Lavalle,not Leval! From Carlos Pellegrini to Florida.
Be glad to take you there by the hand if it's not to early or hot.
No problem and no commission!
TL.
Call me at a decent hour.
Scalabrini Ortiz and Cervino 7.3 Today (Jan 28) Around Noon.
4:30 pm Lavalle y Florida USD/peso 7.4.
Such a game this is.
The last country that wants dollars?
7.5 at Scalabrini / Ortiz cueva this afternoon!
That's a 50% difference from the official rate. How much higher can it go?
Are we looking at a Zimbabwe hyperinflation here?
[QUOTE]Are we looking at a Zimbabwe hyperinflation here?[/QUOTE]No we are looking at the return of Argentine hyperinflation. There was a 12,000% yearly inflation here in the late 80s. (Yes, that is twelve thousand percent a year!)
[QUOTE=Gauntlet77; 431409]7. 5 at Scalabrini / Ortiz cueva this afternoon!
That's a 50% difference from the official rate. How much higher can it go?
Are we looking at a Zimbabwe hyperinflation here?[/QUOTE]Right now in Venezuela, the official rate is 4.3 bolivars to 1us$ and the blue rate is 23 Bolivars to 1 us$
I envisage the same situation here in times to come.
[QUOTE=Member #3320; 431412]Right now in Venezuela, the official rate is 4.3 bolivars to 1us$ and the blue rate is 23 Bolivars to 1 us$
I envisage the same situation here in times to come.[/QUOTE]Of course, Argie land is following Chavez"s "modelo"!
Someone posted on Facebook that the blue dolar was 7.80 today. 29/01
7.5 to 1 today at recoleta cueva. No bonus this time for exchanging 1200usd. (Last time was slight tier increase for over 1k amts)
[QUOTE=Santa;431414]Someone posted on Facebook that the blue dolar was 7.80 today. 29/01[/QUOTE]Hi, what does "blue dollar" actually mean?
According to [url]http://online.wsj.com/article/BT-CO-20130130-715370.html[/url]
Bob
They buy for 7.5 - 7.6 and you can buy for 7.8 - 7.9 now. In street Florida and Lavalle.
Was today. Euro 9. 70. 9.80. Crasy
[QUOTE=Mountaineer; 430407]I have read on this board that the exchange rate in smaller Argentina cities is usually lower than in Buenos Aires. I was in BA for 10 days and Mendoza for 4 days. Just wanted you to know that I was in Mendoza last week. They were giving 6. 2 at the Cambios right on the main street by the McDonalds. You did not have to do large amounts. You did not have to bargain. For 100 dollars you got 6. 2. I went there multiple times and never got a bad bill in exchange. There are always 4 or 5 guys together (from different Cambios) in front of the building whispering "cambio". As you walk inside the building there are different offices for all these guys but the one right down the stairs straight ahead in the Oro (gold) office was the easiest to deal with. Very professional. Clean bills. Very safe. If they are giving that much in Mendoza for small amounts I would suggest that you might see the BA rate climbing even higher very soon.
Mountaineer[/QUOTE]Thought I'd update the Mendoza info. The cambios are on San Martin. If you stand on Sarmiento, the pedestrian street, the McDonalds and the cambios are across the street to the left along the block. Walk towards McD's and the touts will accost you on the street.
Yesterday one guy offered me 7 on the street. He went to 7. 3 when I wasn't buying 7. I just followed Mountaineer's advice and walked straight in and straight down half a flight of stairs and into the Oro office. There I was offered 7. 4 which I took. Very professional. Good bills. A few minutes and you are back out on the street with your pesos.
7. 65 this morning. Don't forget they are closed saturdays now.
Also got 7. 65 at Cervino early this afternoon. When we arrived two policemen held the door open for us! Only in Argentina!
Got 7. 5 to 1 yesterday. Was 7. 8 at the Western Union yesterday according to a friend.
This really is looking like a bubble. Or just the new normal? I remember speaking with a (non monger) American and his Argentinian wife on my last trip, he thought the rate could go to 10.
[QUOTE=Esten;431510]This really is looking like a bubble. Or just the new normal? I remember speaking with a (non monger) American and his Argentinian wife on my last trip, he thought the rate could go to 10.[/QUOTE]It will surpass ten!
TL
The currency will continue to devalue against the dollar until it becomes apparent that CFK cannot have a third term. If the same economic team stays in place that has exhibited total incompetence in managing an emerging economy, then there will continue be a flight of capital. The embarrassment of the IMF sanctions will be downplayed locally while the world looks on in disbelief at the incompetent management of the Argentine economy. Some one must finally say that the "emperor has no clothes" CFK is all show and no go and her sycophants are uneducated or delusional ideologues with utopian ideas that were discounted 60 years ago. Argentina is caught in a time warp with no foreseeable away out of this economic quagmire. Social programs are great if you have the money to pay for them. You see absolutely no real effort to stimulate the economy. There is a government acceptance of underemployment and no incentive to educate the Argentine youth for the 21st Century economy. Giving an uneducated 16 year-old the right to vote is not the same as giving him / her a relevant education. You might gain votes but ultimately your country goes into the shitter even more.
Some ideas about the blue rate:
[url]http://www.iprofesional.com/notas/153891-Rumores-de-desdoblamiento-cambiario-llevaron-al-blue-a-8-pesos-pero-una-mano-oficial-amiga-lo-baj-diez-centavos[/url]