Gaucho100K, how good is the exchange rate from US$ at a bank in BA? Wondering if I'll do better just bringing over US cash and changing it at a bank, compared to using an ATM and paying fees from both banks + a [small] spread.
If I were to walk into a bank today with US$1000, when the quoted exchange rate is 3.13825, how many pesos would I get? (Not trying to get an exact amount, just a general idea of the conversion spread at the bank)
My math has me getting AR$2968 for my US$1000 if I use ATMs, after paying multiple ATM fees on both ends and the exchange spreads my bank will charge me.
Do you think I would do better just changing cash? Even if the amount I receive is the same, I'd rather use the bank- then I can get lots of AR$20 notes for tips.