Exchanging Currency

[Jim Mac]

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

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.

[Sibiola]

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

[AllIWantIsLove]

According to http://online.wsj.com/article/BT-CO-...30-715370.html

Bob

[Quality Time]

Someone posted on Facebook that the blue dolar was 7.80 today. 29/01

Hi, what does "blue dollar" actually mean?

[Mpexy]

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)

[Santa]

Someone posted on Facebook that the blue dolar was 7.80 today. 29/01

[Gandolf50]

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.

Of course, Argie land is following Chavez"s "modelo"!

[Member #3320]

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?

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.

[Aqualung]

Are we looking at a Zimbabwe hyperinflation here?

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!)

[Gauntlet77]

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?

[Emeritus]

4:30 pm Lavalle y Florida USD/peso 7.4.

Such a game this is.

The last country that wants dollars?

[AllIWantIsLove]

Scalabrini Ortiz and Cervino 7.3 Today (Jan 28) Around Noon.

[TejanoLibre]

Any chance someone is so kind as to give the specifics.

Of the "Leval" and "Arenales" locations.

Thanks.

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.

[Mrropes]

Read the post (#97?)

Lavalle about 750.

Opposite from Acapulco Resturant.

[MikeT]

Any chance someone is so kind as to give the specifics.

Of the "Leval" and "Arenales" locations.

Thanks.