Thread: Exchanging Currency
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11-22-19 00:24 #2000
Posts: 54Originally Posted by WorldTravel69 [View Original Post]
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11-21-19 16:11 #1999
Posts: 31Credit Card - Cash- ATM- Etc.
Let me give some numbers:
In Florida cash exchange I got $1US = 65 AR Pesos today.
Using my credit card (I do not get charged any foreign exchange fees or so): $1US = 59.53 AR Pesos.
Using my ATM (my bank refunds ATM Fees): $1US = 59.47 AR Pesos.
Be carefull with ATM fees, they charged me 625 AR pesos (US$ 10.51) which my bank refunded. So if you use ATM it can get pricey, also I do not know what the withdrawal limit is?
As far as I can conclude, cash will give you about 10% or so more value, not so much of a big deal. I thought the blue rate was around AR75+ which would make it really beneficial. However, at 10% I do use my credit card when convenient. Also as far as a cash discount, sure any country, even in the US, when you pay cash vs. Credit card you can get a discount, for example no sales tax, etc.
One more note on credit cards: Foreigners as of now do not pay Hotel Taxes when they pay with a foreign credit card and have a non Argentinean passport. So in that case it is actually beneficial to pay with credit card, because the Hotel tourist tax is around 21% or so added to the room fee.
Good Luck.
FP.
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11-21-19 07:38 #1998
Posts: 911Originally Posted by Questner [View Original Post]
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11-21-19 07:37 #1997
Posts: 2700Credit Cards
A lot of places charge extra for using your credit card.
Cash is the best.
I guess you have not traveled much?
Originally Posted by Questner [View Original Post]
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11-21-19 00:27 #1996
Posts: 54Originally Posted by Tres3 [View Original Post]
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11-20-19 15:10 #1995
Posts: 577Credit Card
Originally Posted by Questner [View Original Post]
Tres3.
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11-20-19 00:05 #1994
Posts: 31Today Exchanged $1 at 65 AR Pesos
At Florida the best deal I got today was 65 AR Pesos to the US$ The forum front page lists today's blue rate at 76.25, I didn't find anything near that. Most where offering between 59 and 65.
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09-04-19 19:16 #1993
Posts: 124Blue Rate
Originally Posted by SanMichele [View Original Post]
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09-02-19 16:44 #1992
Posts: 33Blue Rate
Trying to plan a visit. What’s the blue rate? Any recommended places for the exchange that are reliable.
There was a shop vis-à-vis recoleta, inside the store next to ice cream shop that was good. Thanks.
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04-04-19 22:58 #1991
Posts: 54Paid in every place I could with a credit card. Take an ID with you, input your PIN, and sign a receipt. Saves a lot over ATM withdrawals with their limits and fees. Cash exchange rates are very poor. They prohibit you from taking pictures of the exchange rates. So, I tell them, here I am writing them over a piece of paper, take a picture and send. Prices at stores sometimes are different depending on how you pay, in cash or by a card.
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11-17-18 01:08 #1990
Posts: 9Thanks for the info, Gentlemen.
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11-14-18 15:06 #1989
Posts: 25Exchanging currency
Originally Posted by VegasVic [View Original Post]
There are several new professional exchange houses along Calle Florida. Most show their exchange rates in the window, and they are probably all honest. Walk a couple blocks up Florida from the Plaza San Martin end and the rates get better. If you use one make sure they don't charge a commission on the exchange.
I have patronized an old shop in Galaria Colon on the 300 block of Florida for the past 10 years. His rates are competitive and I've never been shortchanged or received a bad bill there. The shop is on the right at the end of a long hallway that has a cafe with a lighted sign reading "BAR" at the very end. There is a sign above the entrance that reads "Local 92", I think.
There is a new exchange shop with a lighted sign in the window across the hallway from the guy I use. They offered about half a peso more than my shop last time I was there, but they require an original passport to make the exchange, and I don't carry my passport with me when I'm walking around the city.
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The Following User Says Thank You to Gringo Verde For This Post:
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11-13-18 17:43 #1988
Posts: 577ATM Fees
Originally Posted by JimBob [View Original Post]
Tres3.
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The Following User Says Thank You to Tres3 For This Post:
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11-13-18 17:01 #1987
Posts: 162If you don't have fees from the ATM, I would do ATM. Otherwise the ATM fees seem very high to me. I don't see a big difference in the rate unless you're changing thousands of dollars
Originally Posted by VegasVic [View Original Post]
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The Following User Says Thank You to Jim Bob For This Post:
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11-13-18 15:24 #1986
Posts: 9Currency exchange
I haven't been to BA in a few years, but am returning in a few weeks. For the best exchange rate, is it still best to bring USD cash (new $100s) and exchange on Calle Florida or are the banks (via ATM) better these days? What kind of rates are you seeing? Can you recommend any specific locations? Thank you in advance.