3 photos
Money changing place with good rates
Recently I have been changing my money at a place which gives me 1c under the current bulk exchange rate. I have checked it a few times, and if DolarHoy told me that the US$ -> AR$ was 3.15, I got 3.14.
No need to bring ID / Passport etc.
The place is located in a mall at Florida street, 800 block.
The name of the place is "Gestoria New Exchange" (Or something like that.)
See the attached pics for more "visual" information. Walk into the mall, till you are at a small "square" (pic 2) look to the left and you will see the place in the corner. (pic 3)
Currency Exchange and CC Use
Here's an interesting and informative article on this subject. It's a jungle out there!
Old-fashioned cash (preferably in something other than US$) is becoming the way to go.
[url]http://seattletimes.nwsource.com/html/travel/2003907603_pucci30.html[/url]
Today's exchange rate is $3.12 AR
Guys,
The exchange rates were all over the place at the airport today. Make sure you get the best rate there by going over to the Banco de Nacion as you exit the luggage area, they are to your right. The rate this morning was $3.12 AR for the US dollar.
Why don't you use an ATM?
[QUOTE=BioGekko]I'm not sure why anyone bothers to exchange US$ at all. I've gotten between AR$3.0 and AR$3.1 all week directly from merchants around Recoleta and Puerto Modero; but maybe it's harder to spend US$ in other neighborhoods?
At 3.0 exchange that's around a 4% cost today, at 3.1 exchange it's less than a 1% exchange cost. And it's a one way cost, because you don't wind up with a bunch of unused pesos to turn back into US$ at the end.
Also, the idea that chicas should only be paid in AR$ is, in my opinion, silly. The ones I've met can multiply and divide by 3 as quickly as anyone else. This is a fluid two currency economy. JMHO.[/QUOTE]Well as you say in your post about Madahos, "I am obviously a well heeled American" and your experience there might tell you something about the downside of using dollars when you're negotiating with chicas, especially if you don't speak reasonable Spanish. Sure the girls can multiply by three, but that's not the point when you insist on using dollars. Its the message it conveys. What it say is. "look I've just arrived, I don't know my way around, I can't be bothered going to a local ATM and drawing out some pesos, because I won't be staying around for long, I'm loaded and don't mind paying top dollar for you tonight."
Don't worry about having a few pesos left when you leave. You can always use them on you next visit. That is. If you ever decide to come back again.