Originally Posted by
Nikon Shooter
I did not have trouble using Argentine money in Colonia Del Sacrimento.
Yes, but did you work out the exchange rate...? It is my understanding that merchants in Uruguay will take pesos but you have to be willing to take at least a 35-40% hit on the market exchange rate. This is because they will have to pay a premium to purchase US$ with those Pesos, as they will only be able to trade them on the informal market.