Exchanging Currency

[Pishqa]

Was 20.60 on Florida for a $100 bill.

[Fun Pete]

It's ridiculous, banks now charge AR$196 , about US$10 ATM fees with a limit of AR$3,000 withdraw. It happened to me at HSBC, maybe there are other banks with other fees? I will report if I find out. But it looks like cash or credit card are the best options.

[Fun Pete]

On Wednesday January 24, 2018 I exchanged at one of the Florida Kiosks for 19.50.

[Vampire]

I got 19 on Calle Florida a couple hours ago, which I'm happy with since the official is at 18.66 right now tumbling down from a high of about 19.1 on Tuesday.

[Black Gold]

I got 18.6 on Calle Florida today. There used to be some Brasilian's up by Plaza San Martin that I traded with, but they must no longer be there. Huge line of gringos at the currency exchange going for 18.4. Saved more on time than on money.

I received 19 for $1000 on Florida Friday 1/5. At 5 pm. On the next day I was offered 19.1 for $1000 by another tout on Florida but did not need to exchange.

[Vampire]

I got 18.6 on Calle Florida today. There used to be some Brasilian's up by Plaza San Martin that I traded with, but they must no longer be there. Huge line of gringos at the currency exchange going for 18.4. Saved more on time than on money.

[Diegoccs]

Can anyone give me locations of any good, safe cuevas in Palermo? Any within a 20 minute walk of Plaza Italia would be ideal. Would appreciate BM's help on this.

Very close to Plaza Italia:

Thames 2426.

It is a Western Union / Cueva ran by very nice Columbian guys.

Never had a problem there.

[Jim Mac]

Can anyone give me locations of any good, safe cuevas in Palermo? Any within a 20 minute walk of Plaza Italia would be ideal. Would appreciate BM's help on this.

[Big Boss Man]

I get my ATM fees reimbursed by Schwab so from the ATMs I am getting 17.20 ARS to the USD. If I did not get my ATM fees reimbursed it would be 15.83. ATM fees are extremely high. From the cambio yesterday, I received 17.80.

[Gringo Verde]

Surely you mean 17.8 ?

You are correct. 17.8 pesos to the dollar. Thanks.

G. V.

[Old Coach]

Yesterday I got 7.8 pesos to the dollar for 4 $100 bills at the exchange shop in Galaria Colon on the 300 block of Florida. He gave me the same rate last Thursday. That's about 50 centavos more per dollar than the bank rate right now, or less than a 3 percent advantage.

G.V.

Surely you mean 17.8 ?

[Gringo Verde]

Yesterday I got 7.8 pesos to the dollar for 4 $100 bills at the exchange shop in Galaria Colon on the 300 block of Florida. He gave me the same rate last Thursday. That's about 50 centavos more per dollar than the bank rate right now, or less than a 3 percent advantage.

G.V.

[Jim Bob]

Changed money at the bank today (Piano Bank). You have to get a number, from a machine, I think the selection on the machine was comprar/venda de dinero extranero or something like that. It prints out a slip with your number. Then you wait there are monitors that tell you when your number is ready to be served. When your number is up you go to the cashier and show your passport and they change the money. I got about 17.3 pesos to the dollar. Maybe I was in the bank for 30 minutes. It was only 5 minute walk from my apartment so better than taking the subte to Florida.

[Big Boss Man]

It looks like the Dollar official exchange is higher than the dollar blue. Are people still bringing cash or is the ATM being used now. I have the Schwab card with no transaction fees. I am arriving after Thanksgiving.

[Vampire]

I thought 2,000 was the limit too. They must have upped it.

The last time I checked, the limit was 2,400 per transaction with a limit of two transactions, so 4,800 per day. It might be higher now.