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Xoom rates seem unusually high right now - is there something I'm not understanding?

Xoom rates seem unusually high right now - is there something I'm not understanding?

Old Oct 15, 15, 7:02 am
  #1  
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Xoom rates seem unusually high right now - is there something I'm not understanding?

For USD to Argentine Peso exchange, DolarBlue.net is showing this amount: http://dolarblue.net/

But Xoom is showing this rate this morning. https://www.xoom.com/argentina/fees-fx

That's surprisingly close. Is Dolarblue.net not accurate?

Last edited by BostonGuy; Oct 15, 15 at 10:25 am Reason: (I just saw the post requesting links and not figures, so revising my question)
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Old Oct 15, 15, 2:25 pm
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DolarBlue.net is dead, use La Nacion or PrecioDolarBlue.com.ar
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Old Oct 15, 15, 3:32 pm
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Thank you very much!

Valuable info. The reason I come to this forum.
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Old Oct 21, 15, 6:42 am
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Try Ambito as well and look for "informal" rates. I prefer this site to others..
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Old Oct 24, 15, 2:30 am
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I wonder if Argentina will be following Venezuela's example...

Venezuela Central Bank sues US-based DolarToday website

Travelers can't take advantage of things which they don't know exist...

Happy wandering

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Old Oct 24, 15, 1:18 pm
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Unlikely..... we have a Presidential election tomorrow and this government is on its way out. Even if Scioli wins (which would be the closest thing to the current regime), I would be VERY surprised if things continued to move towards Venezuela.

Originally Posted by wandering_fred View Post
I wonder if Argentina will be following Venezuela's example...

Venezuela Central Bank sues US-based DolarToday website

Travelers can't take advantage of things which they don't know exist...

Happy wandering

Fred
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Old Oct 26, 15, 5:06 am
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Originally Posted by Gaucho100K View Post
Unlikely..... we have a Presidential election tomorrow and this government is on its way out. .
Things looking much better than I'd hoped.
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Old Oct 27, 15, 10:31 pm
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Originally Posted by HIDDY View Post
Things looking much better than I'd hoped.
+1
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Old Oct 29, 15, 11:02 am
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Originally Posted by fedechat View Post
DolarBlue.net is dead, use La Nacion or PrecioDolarBlue.com.ar
Sorry for the novice question, but how does one actually use PrecioDolarBlue.com.ar to convert dollars into pesos? Site is in Spanish. Going to Argentina next month. Thanks.
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Old Oct 30, 15, 10:30 am
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Originally Posted by fmkgb View Post
Sorry for the novice question, but how does one actually use PrecioDolarBlue.com.ar to convert dollars into pesos? Site is in Spanish. Going to Argentina next month. Thanks.
Check the actual rate "Compra", then multiply with a calculator, at this moment the rate is 15.60.

Example: for a 100 bill you will get 1,560 AR$ (100x15.60)

Remember to bring 100 dollar bills in good conditions (without marks etc).
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Old Oct 30, 15, 11:49 am
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Originally Posted by fedechat View Post
Check the actual rate "Compra", then multiply with a calculator, at this moment the rate is 15.60.

Example: for a 100 bill you will get 1,560 AR$ (100x15.60)

Remember to bring 100 dollar bills in good conditions (without marks etc).
Thanks but how do I actually change the money. Do I go to a location to change? Where do I get a list of locations? Thanks.
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Old Oct 31, 15, 4:09 am
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I suggest you check www.xoom.com and read up on how the process works.

Else, you would have to find a changer on the street and deal directly with the location they take you to.

Let me know if you have any questions.

Originally Posted by fmkgb View Post
Thanks but how do I actually change the money. Do I go to a location to change? Where do I get a list of locations? Thanks.
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Old Nov 2, 15, 1:28 pm
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You need to go to Florida street and ask one of those guys that will say "cambio, cambio", most of the time they will have a office on the same street.
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Old Nov 3, 15, 5:57 am
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Originally Posted by fmkgb View Post
Thanks but how do I actually change the money. Do I go to a location to change? Where do I get a list of locations? Thanks.
I'm heading to Argentina soon, and have done some research on this topic. What I will do:

- Avoid the street changers.

- Ask at the hotel. They should be able to send you to some place reputable.

- Some hotels may exchange on the spot, but may be a little below blue rate.

- Bring new crisp $100 bills for the best rate.

- For the first time, exchange a small amount.

- Watch out for fake peso bills.

http://thingstodoinba.com.ar/2013/04...xchange-rates/

- A few generous and helpful posts suggested this place, with address and process:

http://www.flyertalk.com/forum/searc...query=Arenales

Good luck to you, and me
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Old Nov 5, 15, 10:33 am
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Please note that the ForEx markets have been very volatile since the first round of the Presidential elections. The Blue rate has been in free fall for the past 2-3 days, tomorrow is a Bank Holiday here so lets see if the markets stabilize come next week.
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