Does this apply to visitors?
 

http://hosted.ap.org/dynamic/stories...09-04-13-31-29

Are visitors to Argentina under the same rules as the locals? Can you take any dollars back with you that you brought? What if you have extra pesos at the end of your trip-can you convert back to dollars at the airport? When you put things on your credit card while traveling, does the inflation rate apply when the bill comes in dollars?

I am reconsidering going on a vacation trip to Argentina next year because of the currency problems. Is it advisable to travel to Argentina under the current regime?

I appreciate that it must be a hassle for tourists but if you control your spend properly before you fly out then you shouldn't really have to bother about changing pesos back into dollars at the airport.
There are no restrictions that I know of for foreigners taking their dollars back out of the country.....strip searches have yet to be put in place.
I don't see why it should stop you from visiting the country to be honest. It's us poor buggers that live here that the new measures are aimed at.

Gaucho100K knows more money talk than I do.

Inflation will not affect your Credit Card spending. Once you purchase a product or service with your credit card, you are locking in the Peso price you are signing the voucher for. That charge will be applied to your credit card statement at that days spot ForEx rate. The rate of exchange applied will be the official rate, which currently is approx. 4.60 Pesos per dollar, minus the ForEx fee that your credit card agreement has established with you.

As for getting Dollars back when you return.... this is in theory possible, but I would not bother with it in practice as you will just incurr in an exchange rate loss.

Just use any excess Pesos to pay for a portion of your Hotel bill when you check-out. As for taking back any Dollars you brought into the country in cash: yes... sure you can take those back, as long as you dont have more than $10,000 in cash... which btw you cant have more than that when you come in either (thats pretty much a rule that is universal, its not an Argentina thing).

IMPORTANT: when you arrive at EZE, do not use the Global Exchange Crooks to trade your Dollars... please read the various threads on this forum for further information.

From tomorrow, September 7, there will be no private exchange places at any airport in Argentina. At EZE Global Exchange and Banco Piano will be closed down.

http://www.lanacion.com.ar/1505994-l...tos-ni-puertos

That's good news then. :D

This is actually some positive news for tourists as these places were paying $3.70 for the dollar - 25% less than the official rate and 75% less than Florida Street.

As the others have mentioned, these rules do not affect tourists, and in fact your dollar will go even further now. You can use Xoom to transfer your money into the country at a rate today of $6.07 (minus minor fees) versus the $4.65 that you'll get on your credit card. They pull from your US bank account and have locations in Buenos Aires to pick up the pesos, so you'll need to start the transfer process just before your trip. If you're brave and speak Spanish, you can do even better on Florida Street.

As others have mentioned, you do not want to get stuck with pesos at the end of your trip though - they will be very difficult to exchange back to dollars.

Where exactly is Florida street? And what is it, a special money changing place?

Florida is a major pedestrian thoroughfare in downtown Buenos Aires. It has a ton of shops with people on the streets trying to get tourists to come in and shop for leather, bags, etc. Many of these shops also do underground currency exchange, and there are cuevanas (caves) that specifically do blue market exchange as well. As I said, you need to be a bit wary and speaking Spanish helps a lot.

I got 6.20 : 1 exchange rate in a cuevana 3 weeks ago. I recommend exchanging small amount at a time until you feel comfortable with any specific cuevana. This will also ensure that you will not have too much pesos leftover in the end of the trip.

Please note the correct term for establishments dealing with grey-market ForEx transactions is " Cueva " (not Cuevana).

So, is it worth exchanging if you are only going to be in Argentina for 1 week or should just us US dollars? If so how much would you exchange?

It worth if you exchange more than 300 u$s.

300x4.7=1,410 (official rate)

300 x 6= 1,800 (blue market, xoom service)

400 AR$ will cover the taxi (both ways) :D