Originally Posted by
khabah
All this talk about the conversions and blue dollars has my head spinning. I'm booked on points, with the cash rate at around 1500 USD a night for my stay period. Does this alter the CPP value of the points spent versus the rate, given that I'm a foreigner using a foreign-issued card?
Oy...
khabah
Yes, it alters the calculation. The CPP value should be compared to the final cash rate you'd pay after USD > ARS > MEP > USD conversion. So in the example upthread, the $500 "list" rate is really $187 or so (at the then-current exchange rates). The points cost should be compared to $187, in that example, not $500. Assuming the same exchange rates, then, your $1500 rate is really more like $560.
Before introduction of the MEP you'd have had to go to Calle Florida and convert a bunch of crisp $100 bills to ARS at the blue dollar rate, and use those to settle up
