Thread: Exchanging Currency
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Results 181 to 195 of 2043
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02-12-16 14:27 #1863
Posts: 5Exchange rate
Quote on official exchange this morning per Bloomberg is 14.77:1. Found a quote on the net for blue dolar at 14.83:1. Why bother with unofficial exchange?
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02-12-16 14:03 #1862
Posts: 2700On Florida in front of the Pacifico Galeria
Quoted 410.
Originally Posted by MileHighDave [View Original Post]
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02-12-16 06:04 #1861
Posts: 5Currency Exchange
Paid my Tourist reciprocity fee today. Government gave me 14.5:1. Considerate of them as they print all this money anyway! A-Peso goes down most every day particularly this week. Had a lot of catching up to do after being closed for Carnival earlier this week.
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02-11-16 18:16 #1860
Posts: 51Last Sunday
Worked the street last Sunday. I was offered 14 by most. I was able to negotiate 14.1 on a thousand dollars. The currency exchange in Pacifico was doing 13.6 and there were about twenty people in line!
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02-06-16 12:18 #1859
Posts: 995This morning I asked my local (argie owned) supermarket their dollar rate = 14.20. My change guy was 14.10 this week. Maybe its time to use dollars for daily untraceable transactions.
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02-06-16 00:51 #1858
Posts: 2808Not an economist
Nor have I ever played one on TV. I appreciate the comments and I have some follow ups.
Originally Posted by BigBossMan [View Original Post]
Originally Posted by SlyOne [View Original Post]
When the bigger bills get released I'll be looking for a whole new wave of counterfeiters because a 500 peso bill is worth counterfeiting when a 100 peso bill isn't. So they will take dollars, buy counterfeit 500's at about 30% of face value, sell those to tourists, then take the tourist dollars, sell those to drug dealers and other people with off the book income and then settle up for real dollars at the higher government rate.
I see what you mean, and can see the government trying it, I don't think it will work though.
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02-06-16 00:30 #1857
Posts: 47Exchange rate
Originally Posted by DaddyRulz [View Original Post]
If you want to drive the informal guys out of business ..Then offer a higher rate for say 6 months or so and they will all go broke and find new jobs....
At that stage there will only be one rate "The Official Rate "as there will be no competition...
It called getting control of your currency exchange...
Sly.
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02-05-16 22:44 #1856
Posts: 707I don't pretend to be an expert in Argentine economics but
Originally Posted by DaddyRulz [View Original Post]
Perhaps the Argentine government has increased its demand for dollars because it is about to settle its on-going bond dispute.
https://www.washingtonpost.com/busin...b19_story.htmlLast edited by Big Boss Man; 02-05-16 at 22:47. Reason: Faulty memory. Marshall not Fisher
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02-05-16 21:35 #1855
Posts: 2808Need to hear from the economists in the group
Why would the official be higher than the informal? Is it a "because Argentina" thing?
http://www.ambito.com/economia/mercados/monedas/dolar/
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02-04-16 19:35 #1854
Posts: 2Exchange
Originally Posted by WorldTravel69 [View Original Post]
Best cash exchange I found is about 1.5 blocks past Acapulco Restaurant on the same side of the street. Just before you get to the second street after passing Acapulco Rest is a cell phone store with a cashiers cage in the back room. There is always a line of people there waiting to make cambio. They pay 14.2 for $100 bills and 13.9 for $20 bill.
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02-04-16 12:13 #1853
Posts: 2700ATMs
Anyone know the exchange given at the ATMs?
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02-04-16 10:53 #1852
Posts: 74613.8 for $300 at Cerviņo y Ortiz on Monday Feb 1, 2016
13.8 for $300 at Cerviņo y Ortiz on Monday Feb 1, 2016.
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01-28-16 11:25 #1851
Posts: 3040Money Back Guarantee
This is a First.
Lorena the Brazilian Cambio Girl offers a money-back guarantee if any of her 100 peso bills are ever rejected as fakes.
This is unheard of in the 10 years that I have lived here.
Simple.
Her 100's are "marked' so all you have to do is return it to her and she will exchange it.
Tiny little puppy paw print.
Last Saturday she was giving 14 to 1.
Marcelo T. De Alvear 626 Local #22.
@ Florida St.
L.P Silva's sweater shop.
Above the Direct TV store.
Lorena:
Whatsapp - +54911 6118 7649.
Almost speaks English and has a set of hooters too.
Bonus!
TL.
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01-26-16 23:47 #1850
Posts: 3Originally Posted by DavieW [View Original Post]
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01-26-16 22:25 #1849
Posts: 416Originally Posted by MessiFan [View Original Post]
Arg pesos are not an internationally trade-able currency. You'd have trouble finding them even in neighbouring countries.