Went to a reliable Cueva on Lavalle and THREE times I was asked to leave because the PIGS were out to bust this joint.
Finally, after 2 one hour waiting periods I was able to get 9.75 for $500 USD.
Be careful guys.
Jackpot.
Printable View
Went to a reliable Cueva on Lavalle and THREE times I was asked to leave because the PIGS were out to bust this joint.
Finally, after 2 one hour waiting periods I was able to get 9.75 for $500 USD.
Be careful guys.
Jackpot.
Does anyone know if there is any place open on a Sunday to change USD to pesos?
[QUOTE=IndoSpurs;436615]Does anyone know if there is any place open on a Sunday to change USD to pesos?[/QUOTE]There are usually people out on Lavalle on Sunday offering but it's individuals not the office cambio's, they generally want to do the exchange on the street, and it's often hurried and the rate will be bad. It's the perfect mix for getting fake bills. If you're going to be here for awhile and just need pocket money for today you might want to bite the bullet and use an ATM to pull out a couple hundred pesos and exchange a larger amount tomorrow.
DR.
[QUOTE=IndoSpurs;436615]Does anyone know if there is any place open on a Sunday to change USD to pesos?[/QUOTE]I just exchanged $300 at 9.4 on Lavalle. While not the best rate, it's Sunday and I just need enough for a day or two, for now. Far better than using the ATM. The place was by 835 Lavalle, two guys were outside a couple doors down, a spanish guy and a black guy. The black guy walked me down the strip of stores in 835, into one of the stores, so we had some privacy. I exchange 100 first so I could check the bills. Then did the other 200 which I also checked. The 100 peso notes had the expected faint "face" in the white area when you hold the bill up to the light.
[QUOTE=Esten;436618]I just exchanged $300 at 9.4 on Lavalle. While not the best rate, it's Sunday and I just need enough for a day or two, for now. Far better than using the ATM. The place was by 835 Lavalle, two guys were outside a couple doors down, a spanish guy and a black guy. The black guy walked me down the strip of stores in 835, into one of the stores, so we had some privacy. I exchange 100 first so I could check the bills. Then did the other 200 which I also checked. The 100 peso notes had the expected faint "face" in the white area when you hold the bill up to the light.[/QUOTE]I still would not recommend doing this for somebody on their first trip. You know what pesos are supposed to look like and your spanish is good. Good info for the vets.
Agreed DR.
BTW, I was getting 9.7 quotes on Lavalle today.
When I was last in BA it was P5 to the £, and you could buy a beer in El Alamo for P5. You could get a girl out of Exhedra or NP for P200 for an hour.
Just so I can get a feel for how BA has changed, What is the going rate for the above now?
Also do banks accept Travellers checks, and when you cash them do the give you $ for $, or do they only exchange into Peso?
[QUOTE=BoldFocker;436649]When I was last in BA it was P5 to the £, and you could buy a beer in El Alamo for P5. You could get a girl out of Exhedra or NP for P200 for an hour.
Just so I can get a feel for how BA has changed, What is the going rate for the above now?
Also do banks accept Travellers checks, and when you cash them do the give you $ for $, or do they only exchange into Peso?[/QUOTE]You can change travelers checks at the American Express office near Retiro, only for pesos at the official rate. In other words, a bad idea. As for pricing. Ill let others give you the bad news.
With the sacking of Moreno and the talk of his replacement being a hard-line Marxist and with a bunch of big bills coming up I was out in a panic yesterday to change a big wad of USD. Especially when I found my usual place on lock-down by AFIP!
I ended up back at the same place in the galeria at the very start of Florida and got 9.75. Was initially disappointed, but talked to my usual place later that day and was told that's all they could have offered me also, so I reckon that's as good as was available yesterday.
The cuerva in Galaria Colon on Florida gave me 9.8 pesos per dollar on a $500 exchange on Friday; the same rate as last week. Three French girls in front of me exchanged smaller amounts of Euros with no problems and I don't think they spoke a word of Spanish. They just passed their money to the cashier.
GV.
HELLO ALL,
It's been over one year since I visited BA. I would like to use this place on Junin because it is a few blocks from where I will be staying. Is it still open and easy to do business there?
Where is it exactly: address or description of location. Is there anything special needed to change $500+ there. Eg passport or photocopy of passport?
I am arriving Dec 25. Where can I easily change money on either the 25 or 26 of December with a good rate? Would any members who know me like to change money for me at a competitive rate?
Bob inMiami.
[QUOTE=MiamiBob;436759]I am arriving Dec 25. Where can I easily change money on either the 25 or 26 of December with a good rate? Would any members who know me like to change money for me at a competitive rate?
Bob inMiami.[/QUOTE]I would have Bob, but I'll be out of the country myself.
Greetings everyone,
As readers of this website know, for some time now I've been researching the various currency exchange websites hoping to gain insight into the stastical variation between the posted rates and the actual "street" rate.
During this research I have continually scratched my head over the terms used by said websites to describe their rates, said terms sometimes appearing not to make any sense, as follows:
For example, the La Nacion websites lists the following rates:
DÓLAR BLUE COMPRA = 9.84
DÓLAR BLUE VENTA = 9.92
But what exactly does that mean?
Does "DÓLAR BLUE COMPRA" mean "[U]We[/U] buy the dollar (at this rate)"?
Does "DÓLAR BLUE VENTA" mean "[U]We[/U] sell the dollar (at this rate)"?
Does it mean that they will buy your dollars from you at 9.84, and sell dollars to you for 9.92?
That makes sense: They buy the dollars low and sell them high. The customer pays more to buy the dollars.
What doesn't make sense is that in this same day, the cuevas were buying the dollars at a rate much closer to the 9.92 rate.
In fact, no one was actually buying dollars at anywhere near any of the posted "DÓLAR BLUE COMPRA" rates, and were in fact buying dollars at nearly the "DÓLAR BLUE VENTA" rate.
So maybe I've got this backwards?
Does "DÓLAR BLUE COMPRA" mean "[U]YOU[/U] can buy the dollar (at this rate)"?
Does "DÓLAR BLUE VENTA" mean "[U]YOU[/U] can sell the dollar (at this rate)"?
If you think it means "[U]YOU[/U] can [buy/sell] the dollar (at this rate)", then that means that you can buy the dollars from them at a lower rate, and also that you can sell them the same dollars back to them at a higher rate, so that can't be the translation.
So where am I going wrong here?
Thanks,
Jax
==========================================
FYI, here are some examples of the nomenclature from similar websites:
[url=http://www.lanacion.com.ar/dolar-hoy-t1369]La Nacion[/url] "Dolar Blue Venta"
DÓLAR BLUE COMPRA (the lower rate)
DÓLAR BLUE VENTA (the higher rate)
[url=http://www.ambito.com/economia/mercados/monedas/dolar/]Ambito.com[/url] "Informal Venta"
COMPRA (the lower rate)
VENTA (the higher rate)
[url=http://www.dolarpeso.com/index.php?c=AR]DolarPeso.com[/url] "Dolar Blue Venta"
Compra (the lower rate)
Venta (the higher rate)
[url=http://dolarblue.net/]DolarBlue.net[/url] "Deep Blue Venta"
COMPRA (the lower rate)
VENTA (the higher rate)
[QUOTE=Jackson;436780]Does "DÓLAR BLUE COMPRA" mean "[U]We[/U] buy the dollar (at this rate)"?
Does "DÓLAR BLUE VENTA" mean "[U]We[/U] sell the dollar (at this rate)"?
Does it mean that they will buy your dollars from you at 9.84, and sell dollars to you for 9.92?
That makes sense: They buy the dollars low and sell them high. The customer pays more to buy the dollars.
[/QUOTE]Yes, that's exactly right. Except for the phrase "[I]they will buy.....and sell[/I]". Those sites are just reporting a rate, they're not actually providing an exchange service and their quoted rates are nothing more than a guide.
[QUOTE=Jackson;436780]
What doesn't make sense is that in this same day, the cuevas were buying the dollars at a rate much closer to the 9.92 rate.
In fact, no one was actually buying dollars at anywhere near any of the posted "DÓLAR BLUE COMPRA" rates, and were in fact buying dollars at nearly the "DÓLAR BLUE VENTA" rate.
So where am I going wrong here?
[/QUOTE]Thinking that the rates quoted on those sites actually means anything in the real world! The only exchange rate that's real is the one you're given whilst you're handing over your Benjamins.
OK, they are useful for getting a ball-park figure, but I'm guessing that those rates are posted once per day, probably based on the previous day's trading, and as we all know, the rate 'on the street' can change from the morning to the afternoon!
[QUOTE=MiamiBob;436759]HELLO ALL,
It's been over one year since I visited BA. I would like to use this place on Junin because it is a few blocks from where I will be staying. Is it still open and easy to do business there?
Where is it exactly: address or description of location. Is there anything special needed to change $500+ there. Eg passport or photocopy of passport?
I am arriving Dec 25. Where can I easily change money on either the 25 or 26 of December with a good rate? Would any members who know me like to change money for me at a competitive rate?
Bob inMiami.[/QUOTE]I was there in Sept. And the place was open. Competitive rate also.