Thread: Exchanging Currency
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09-26-15 20:22 #1788
Posts: 2808My boy is wicked smaaat!
Originally Posted by Dickhead [View Original Post]
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09-26-15 13:56 #1787
Posts: 6I found this currency llink on twitter
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09-26-15 07:58 #1786
Posts: 911The 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......
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09-25-15 19:40 #1785
Posts: 3510I 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 schadenfreude. 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.
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09-25-15 18:45 #1784
Posts: 25Today's rate
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.
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09-25-15 02:52 #1783
Posts: 2808Correct
Originally Posted by DavieW [View Original Post]
http://www.bubblear.com/mutual-funds...s-values-drop/
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09-23-15 13:03 #1782
Posts: 416Originally Posted by Tres3 [View Original Post]
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). ;-)
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09-23-15 12:50 #1781
Posts: 577Argentine Parallel Exchange Rate Rallies on Regulator Resolution
CFK strikes again as the election nears. If you can, I would suggest holding on to your dollars.
http://www.bloomberg.com/news/articl...ion?cmpid=yhoo
Tres3.
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09-14-15 21:31 #1780
Posts: 34Bitcoin
What is the latest info on bitcoins. Is it worth my time? Can you exchange at blue rate? Thank you Santa.
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08-31-15 14:22 #1779
Posts: 4Prices dropped about .60 cents in the past week
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.
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08-30-15 01:31 #1778
Posts: 4Hey Albert, the place i mentioned, I've got to both on a Saturday and on a Monday. =).
Originally Posted by AlbertPunter [View Original Post]
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08-29-15 10:53 #1777
Posts: 76Exchanging on satudays
Does anyone know reliable places for exchanging dollars or euros at blue rate on saturdays ?
Thanks in advance for your help.
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08-27-15 15:56 #1776
Posts: 4Florida
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.
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08-19-15 23:09 #1775
Posts: 911Bariloche
This past week in Bariloche they were changing at 14 to 1. Before I left I received 14.50 here in Moreno.
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07-22-15 07:48 #1774
Posts: 911$15.09 !
It looks like one might be able to get that 15 to 1 this week!!!