USD/ARS Exchange hits new record high!
Sep 13, 23, 2:19 pm
#286
Join Date: Aug 2022
Posts: 230
in the few instances that we used our CC, it was a Visa CC and we got the MEP rate from the get go, it was with Chase
When we return and we will if the blue rate still remains at least 10% higher then the MEP we will once again change our ca$h, especially since some stores we went into was ca$h only
The biggest mistake we made was not buying at the Duty Free Shop in EZE, they listed the US rate @ 365 what we didnt realize till it was too late is they will multiply the $ amount by 365 and charge the purchase in ARS so the MEP rate would kick in = almost a 50% less net charge price wise so a $99 price should end up costing bet $55-60 when we saw the prices were more then wed pay back home we just went to the club to chill, by the time we realized the savings we didnt have the time to go shopping.
When we return and we will if the blue rate still remains at least 10% higher then the MEP we will once again change our ca$h, especially since some stores we went into was ca$h only
The biggest mistake we made was not buying at the Duty Free Shop in EZE, they listed the US rate @ 365 what we didnt realize till it was too late is they will multiply the $ amount by 365 and charge the purchase in ARS so the MEP rate would kick in = almost a 50% less net charge price wise so a $99 price should end up costing bet $55-60 when we saw the prices were more then wed pay back home we just went to the club to chill, by the time we realized the savings we didnt have the time to go shopping.
Sep 24, 23, 11:44 am
#289
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 37,750
NPR has a new story, particularly interesting for the uninitiated on how money works here.
https://www.npr.org/2023/09/22/11979...nflation-milei
https://www.npr.org/2023/09/22/11979...nflation-milei
Sep 26, 23, 2:17 am
#292
Join Date: Mar 2006
Programs: UA Lifetime Gold, Marriott Rewards Platinum, HHonors Gold, Hyatt Diamond
Posts: 1,378
You're right, E'bay. Ecuador uses the US dollar. We get it. But can this be true? Each Argentine peso bought at one-tenth of one US cent, and sold at two-tenths? That is way off the dollar blue rate in the cuevas. Perhaps a quick stop in Quito on your way to Buenos Aires, just to exchange Ben Franklins??
Sep 27, 23, 12:01 pm
#293
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
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Posts: 37,750
Sep 29, 23, 2:41 pm
#294
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,657
The Blue Dollar hit a new intra-day high of $820 (sell rate), and is now closing the trading day at approx $800-805 (sell). Bid ask spreads have expanded greatly, this is typical of days where there is abrupt price movements. Looks like next week is going to be an interesting one..... stay tuned and fasten your seatbelts !!!
Oct 3, 23, 6:19 pm
#295
Join Date: May 2009
Posts: 775
so try to pay for AVE E-VISA today, website list Total to Pay ARS 73100,00 USD 200, any experience Visa/AMEX will charge blue rate or just charge USD?
For Marriott hotel in Argentina, they will charge ARS and I just pay by CC right?Last edited by ecgz88; Oct 3, 23 at 7:06 pm
Oct 4, 23, 10:31 am
#296
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,657
Blue Dollar trading at new record high today, now currently at AR$830 (sell rate)......
Oct 4, 23, 10:47 am
#297
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Spread has remained around $10 (sign of stability-ish?) but tourists, remember it is the BUY (pesos), not SELL (pesos) rate that you'll be getting. So, that's about $820 today.
Oct 4, 23, 12:34 pm
#298
Moderator, Argentina and FlyerTalk Evangelist
Join Date: Aug 2000
Location: MIA / EZE
Programs: Lord of Malbec & all Wines Argentine. AA EXP / Marriott Lifetime Silver / Hertz Presidents Circle
Posts: 35,657
Oct 5, 23, 9:09 pm
#299
FlyerTalk Evangelist
Join Date: Mar 2000
Posts: 17,231
So I'm a tourist and I walk into a decent restaurant in Buenos Aires to have a nice steak. How much friction is there going to be in determining what that steak is going to cost me? Are there menus with prices? In what currency? Do I have to have a negotiation on how I'm going to pay, and are they likely to try to overcharge me as a foreigner?
Oct 6, 23, 2:15 am
#300
Join Date: Aug 2022
Posts: 230
So I'm a tourist and I walk into a decent restaurant in Buenos Aires to have a nice steak. How much friction is there going to be in determining what that steak is going to cost me? Are there menus with prices? In what currency? Do I have to have a negotiation on how I'm going to pay, and are they likely to try to overcharge me as a foreigner?
