[QUOTE=ElPerro;445129]I've $600US in twenties to get rid of. Any idea as to what rate I should expect ? Thanks.[/QUOTE]But the Korean off of lavalle told me generally speaking .50 less from her.
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[QUOTE=ElPerro;445129]I've $600US in twenties to get rid of. Any idea as to what rate I should expect ? Thanks.[/QUOTE]But the Korean off of lavalle told me generally speaking .50 less from her.
[QUOTE=DaddyRulz;445131]But the Korean off of lavalle told me generally speaking .50 less from her.[/QUOTE]The less value is bullshit.
Call me DB !
43812145.
1561164254.
Esmeralda and Cordoba.
High Rise.
Safe .
American .
TL.
[QUOTE=Tres3;433742] The ferry, with taxes and fees cost $354 pesos, plus the taxi to and from the ferry terminal.
Tres3.[/QUOTE]Earlier this week I went to Colonia for the first time in over two years. I went with a friend and did not obtain ATM dollars like the last time, but the ATM machines still give dollars or Uruguayan pesos. I bought the ticket at the Seacat office on Cordoba, and paid with cash that I had obtained at the blue rate. The exchange rate had kept up with the ticket increases, so I paid about the same in dollar (about USD $50 R/T) terms as I paid over two years ago.
The ticket is issued by Seacat, but the ferry is operated by Buquebus. So little has changed in two years that I did not notice any changes. With the tip, I paid 70 pesos for a taxi from an area near the Biblioteca Nacional.
The nice thing is that the Argentinians and Uruguayans have gotten together, and you only have to go through Customs and Immigration once.
Tres3.
I received 12.45 pesos per USD for 5 Benjamins.
Tres3.
[QUOTE=Tres3;445367]Earlier this week I went to Colonia for the first time in over two years. I went with a friend and did not obtain ATM dollars like the last time, but the ATM machines still give dollars or Uruguayan pesos. I bought the ticket at the Seacat office on Cordoba, and paid with cash that I had obtained at the blue rate. The exchange rate had kept up with the ticket increases, so I paid about the same in dollar (about USD $50 R/T) terms as I paid over two years ago.
The ticket is issued by Seacat, but the ferry is operated by Buquebus. So little has changed in two years that I did not notice any changes. With the tip, I paid 70 pesos for a taxi from an area near the Biblioteca Nacional.
The nice thing is that the Argentinians and Uruguayans have gotten together, and you only have to go through Customs and Immigration once.
Tres3.[/QUOTE]Do you know if caja automaticas (ATMs) in Colonia Uruguay have a max amount of US dollars they let you withdraw daily? I know my bank limits withdrawal to $500 a day. But is there a daily limit on withdrawals set by the ATM machines themselves? How much?
[QUOTE=BobbyDoerr;445398]Do you know if caja automaticas (ATMs) in Colonia Uruguay have a max amount of US dollars they let you withdraw daily? I know my bank limits withdrawal to $500 a day. But is there a daily limit on withdrawals set by the ATM machines themselves? How much?[/QUOTE]When I made a withdrawal 2 years ago, my bank had a maximum of $1000.00 USD per day. The ATM machines had a maximum of $300.00 USD per TRANSACTION, and a $6.00 charge per transaction. I made 3 withdrawals of $300.00 each. I could have made a fourth withdrawal of $100.00 but chose not to.
If the banks are like the most of the rest of Uruguay, little has changed in 2 years, and you are still limited to $300.00 per ATM transaction. I do not know if the ATM machines have a maximum USD withdrawal limit, but since your bank limits you to $500.00 USD, you should be OK..
I hope this helps.
Tres3.
[QUOTE=Tres3;445400]When I made a withdrawal 2 years ago, my bank had a maximum of $1000.00 USD per day. The ATM machines had a maximum of $300.00 USD per TRANSACTION, and a $6.00 charge per transaction. I made 3 withdrawals of $300.00 each. I could have made a fourth withdrawal of $100.00 but chose not to.
If the banks are like the most of the rest of Uruguay, little has changed in 2 years, and you are still limited to $300.00 per ATM transaction. I do not know if the ATM machines .[/QUOTE]Hee hee. Seriously, though, good information. I'll be visiting Uruguay during my upcoming trip in October, so will take advantage of the ATM opportunities.
[QUOTE=Tres3;445400]When I made a withdrawal 2 years ago, my bank had a maximum of $1000.00 USD per day. The ATM machines had a maximum of $300.00 USD per TRANSACTION, and a $6.00 charge per transaction. I made 3 withdrawals of $300.00 each. I could have made a fourth withdrawal of $100.00 but chose not to.
If the banks are like the most of the rest of Uruguay, little has changed in 2 years, and you are still limited to $300.00 per ATM transaction. I do not know if the ATM machines have a maximum USD withdrawal limit, but since your bank limits you to $500.00 USD, you should be OK..
I hope this helps.
Tres3.[/QUOTE]Is it possible to go to the teller and get cash for the full amount in one transaction, rather than doing the three or four transactions?
[QUOTE=WildWalleye;445425]Is it possible to go to the teller and get cash for the full amount in one transaction, rather than doing the three or four transactions?[/QUOTE]I do not know about the Uruguay banks, but if they are similar to the USA you probably have to have an account to cash a check. I do not know if the Uruguay banks give credit card advances in dollars. My ATM card rebates the ATM fees in full, so I just use the ATM machine.
Tres3.
Greetings Everyone,
Today at approximately 4 pm a friend of mine exchanged $1,000 USD for pesos.
Just before he left to exchange his cash, the popular local exchange rate websites were reporting the following Blue Dollar exchange rates:
PLEASE NOTE: These are the published rates to [u]SELL[/u] your dollars in exchange for pesos.
[url=http://www.lanacion.com.ar/dolar-hoy-t1369]La Nacion[/url] "Dolar Blue Compra" = [B][size=+1]12.75[/size][/B]
[url=http://www.ambito.com/economia/mercados/monedas/dolar/]Ambito.com[/url] "Informal Compra" = [B][size=+1]12.92[/size][/B]
[url=http://www.infobae.com]Infobae.com[/url] "Dolar Libre" = [B][size=+1]13.08[/size][/B]
[url=http://www.dolarblue.net/]DolarBlue.net[/url] "Deep Blue Compra" = [B][size=+1]13.02[/size][/B]
[url=http://www.dolaraldia.com/]DolarAlDia.com[/url] "Dolar BLUE o Dolar Paralelo" = [B][size=+1]13.02[/size][/B]
----------------------------------------------------------
A) Average Published Rate = [B][size=+1]12.96[/size][/B]
B) Rate Actually Received = [B][size=+1]12.90[/size][/B]
C) Discount as percent of the Average Rate = [B][size=+1]-0.47%[/size][/B]
D) Discount as a multiplier of the Average Rate = [B][size=+1]x .9953[/size][/B]
You're welcome.
Jackson
This afternoon I received 12.70 for three Benjamins.
Tres3.
[QUOTE=Tres3;445494]This afternoon I received 12.70 for three Benjamins.
Tres3.[/QUOTE]As did I, Ambito shows a close of 13.2-13.3 today. Sadly last nights entertainment is COD. Hopefully this is the beginning of the long awaited adjustment.
[QUOTE=DaddyRulz;445512]As did I, Ambito shows a close of 13.2-13.3 today. Sadly last nights entertainment is COD. Hopefully this is the beginning of the long awaited adjustment.[/QUOTE]I do not pretend to be smart, but on occasion I am lucky. I usually change $500, but Monday I only changed $300.
Tres3.
This analysis would actually be more accurate if you not only take the average published online rate but also an average of the cueva rates. From what I've found cueva prices usually differ about 20-30 centavos so a more accurate analysis would factor this in as well.
When I left the exchange rate was 12.40 Now it's 13.40. Damn capital controls. Did I miss any elections btw?
How does Argentina's illegal and opaque currency market really work?
*A long report*.
[URL]https://www.the-newshub.com/international/inside-argentinas-blue-dollar-market[/URL]
Prolly around 14.5 today, still gaining.
Perm adjustment or winter vacation demand? Change a bunch or slowly ride it up? Opinions?
[QUOTE=DaddyRulz;445738]Prolly around 14.5 today, still gaining.
Perm adjustment or winter vacation demand? Change a bunch or slowly ride it up? Opinions?[/QUOTE]$14.76 right now.
I think it would be wise to change at least 5000 usd at 15.0 and not repent whether it goes further up or crashes down.
I just hope BA does not become Caracas.
1 usd = 6 Bs in white.
1 usd = 630 Bs in Black.
[QUOTE=Member#3320;445742]I just hope BA does not become Caracas.
1 usd = 6 Bs in white.
1 usd = 630 Bs in Black.[/QUOTE]While it might never get that bad here, its not for lack of trying.......
It looks like one might be able to get that 15 to 1 this week!!!
This past week in Bariloche they were changing at 14 to 1. Before I left I received 14.50 here in Moreno.
This past Monday, I exchanged for 15.40 on Florida near to Corrientes. I have stopped using the runners and went straight to the place who exchanges, got about .60 better rate than when the runner helps. PM if you'd like location of business.
Does anyone know reliable places for exchanging dollars or euros at blue rate on saturdays ?
Thanks in advance for your help.
Hey Albert, the place i mentioned, I've got to both on a Saturday and on a Monday. =).
[QUOTE=AlbertPunter;445898]Does anyone know reliable places for exchanging dollars or euros at blue rate on saturdays ?
Thanks in advance for your help.[/QUOTE]
Hey Guys, I've gotten quite a few PMs for the address of the money exchange. As a rule of thumb, the rate I've gotten has been about 50-60 cents less than the rate given one this twitter account: https://twitter.com/dolarblue - Currently, it's at 15.45 today, so you'd be lucky to get 15, probably 14.80.
What is the latest info on bitcoins. Is it worth my time? Can you exchange at blue rate? Thank you Santa.
CFK strikes again as the election nears. If you can, I would suggest holding on to your dollars.
[URL]http://www.bloomberg.com/news/articles/2015-09-22/argentine-parallel-exchange-rate-rallies-on-regulator-resolution?cmpid=yhoo[/URL]
Tres3.
[QUOTE=Tres3;446044]CFK strikes again as the election nears. If you can, I would suggest holding on to your dollars.
[URL]http://www.bloomberg.com/news/articles/2015-09-22/argentine-parallel-exchange-rate-rallies-on-regulator-resolution?cmpid=yhoo[/URL]
Tres3.[/QUOTE]That's interesting.
Not true, but interesting.
Ambito and lanacion showing the blue UP today (15.9) and a quick email exchange with an old friend who works in FX confirms that the trend is still UP (today). ;-)
[QUOTE=DavieW;446046]That's interesting.
Not true, but interesting.
Ambito and lanacion showing the blue UP today (15.9) and a quick email exchange with an old friend who works in FX confirms that the trend is still UP (today). ;-)[/QUOTE]This is a little closer to the truth. I swear I hope they let her stay in for life.
[URL]http://www.bubblear.com/mutual-funds-forced-into-pesos-values-drop/[/URL]
15.7 for four $100s this pm at the cuerva in the galaria on the 300 block of Florida. That's up from 15 and a few centavos for $300 last week.
I believe my friend Daddy Rulz is saying he hopes KFC stays in for life because her policies are so stupid it will tank the peso, and thus be good for gringos. This is a possible example of [I]schadenfreude[/I]. I am having the same selfish feeling, being in Europe, and hoping that the European central bank loosens monetary policy as a stimulus measure while the US Fed raises rates. That will lead to a stronger dollar vs. the euro and benefit me personally.
But let's not lose sight of the fact that although relative real interest rates are the primary determinant of foreign exchange rates, the second most important factor is the balance of trade. KFC's policies are equally stupid in that area, so the two may very well offset and inflation will eat up all of the benefit for gringos. My analysis is that the gringos who will benefit the most will be those who consume mostly domestic goods, because remember, the price of imports will skyrocket if the peso collapses.
Having said that, Argentina's fairly long-standing history of putting huge tariffs on imported goods has already been providing a huge incentive to consume domestically produced goods.
The problem with that, of course, is that a lot of Argie products are total crap. So what the gringos in Argentina can probably look forward to is paying even cheaper prices for the same fucking crap. That is not the worst thing in the world, but if the ECB loosens and the Fed tightens, gringos can go to Europe and pay cheaper prices for stuff that is actually of high quality. Last time I was in Europe in 2013, the euro was at about 1,35 and this trip it's been between 1,06 and 1,13 and I am eating like a prince and staying in some pretty nice apartments for very attractive dollar prices. Meanwhile, Argies are going to have a real hard time traveling to other countries. That breaks my fucking heart.
The truth is I lived better and cheaper here when the exchange rate was 4 to 1. While the higher rate of exchange helps offsett the inflation, the inflation is being fueled in part by the higher exchange rate. And on and on and on......
[URL]https://twitter.com/dolarblue[/URL]
[QUOTE=Dickhead;446062]I believe my friend Daddy Rulz is saying he hopes KFC stays in for life because her policies are so stupid it will tank the peso, and thus be good for gringos. This is a possible example of [I]schadenfreude[/I]. I am having the same selfish feeling, being in Europe, and hoping that the European central bank loosens monetary policy as a stimulus measure while the US Fed raises rates. That will lead to a stronger dollar vs. the euro and benefit me personally.
But let's not lose sight of the fact that although relative real interest rates are the primary determinant of foreign exchange rates, the second most important factor is the balance of trade. KFC's policies are equally stupid in that area, so the two may very well offset and inflation will eat up all of the benefit for gringos. My analysis is that the gringos who will benefit the most will be those who consume mostly domestic goods, because remember, the price of imports will skyrocket if the peso collapses.
Having said that, Argentina's fairly long-standing history of putting huge tariffs on imported goods has already been providing a huge incentive to consume domestically produced goods.
The problem with that, of course, is that a lot of Argie products are total crap. So what the gringos in Argentina can probably look forward to is paying even cheaper prices for the same fucking crap. That is not the worst thing in the world, but if the ECB loosens and the Fed tightens, gringos can go to Europe and pay cheaper prices for stuff that is actually of high quality. Last time I was in Europe in 2013, the euro was at about 1,35 and this trip it's been between 1,06 and 1,13 and I am eating like a prince and staying in some pretty nice apartments for very attractive dollar prices. Meanwhile, Argies are going to have a real hard time traveling to other countries. That breaks my fucking heart.[/QUOTE]Pretty much the only imported goods I consume come from Paraguay and pricing on that particular commodity seems to be staying on par or below the domestically produced equivalent.
Greetings Everyone,
Today at approximately 4 pm a friend of mine exchanged $1,000 USD for pesos.
Just before he left to exchange his cash, the popular local exchange rate websites were reporting the following Blue Dollar exchange rates:
PLEASE NOTE: These are the published rates to [u]SELL[/u] your dollars in exchange for pesos.
[url=http://www.lanacion.com.ar/dolar-hoy-t1369]La Nacion[/url] "Dolar Blue Compra" = [B][size=+1]Unavailable[/size][/B]
[url=http://www.ambito.com/economia/mercados/monedas/dolar/]Ambito.com[/url] "Informal Compra" = [B][size=+1]15.88[/size][/B]
[url=http://www.infobae.com]Infobae.com[/url] "Dolar Libre" = [B][size=+1]16.03[/size][/B]
[url=http://www.dolarblue.net/]DolarBlue.net[/url] "Deep Blue Compra" = [B][size=+1]Outdated[/size][/B]
[url=http://www.dolaraldia.com/]DolarAlDia.com[/url] "Dolar BLUE o Dolar Paralelo" = [B][size=+1]16.03[/size][/B]
----------------------------------------------------------
A) Average Published Rate = [B][size=+1]15.98[/size][/B]
B) Rate Actually Received = [B][size=+1]15.90[/size][/B]
C) Discount as percent of the Average Rate = [B][size=+1]-99.49%[/size][/B]
D) Discount as a multiplier of the Average Rate = [B][size=+1]X .9849[/size][/B]
You're welcome.
Jackson
[QUOTE=Jackson;446276]C) Discount as percent of the Average Rate = [B][size=+1]-99.49%[/size][/B]
Jackson[/QUOTE]Wouldn't the discount be .50% and not -99.49%?
(15.98 - 15.90) / 15.98 = .08 / 15.98 = .005 = .50%
But thanks!
Today the rate is 15.04. It is a better rate than they were using in the past. The green venta (sale) rate on [URL]dolarblue.net[/URL] today is 15.10.
Also if your friend is heading to Paraguay for the holidays, I was told (I cannot substantiate this for fact) that they can receive the transfer in dollars from Xoom in that country.
Sorry in advance if this a dumb question. Is it possible to exchange money on Sundays on Calle Florida? I will be in BA briefly on a Sunday, then have to catch a bus to Patagonia on Sunday evening.
Yes, plenty on Florida.