So what's the situation "on the ground" with the currency crisis?
#91
Join Date: Feb 2012
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Most other hotels (boutique or chain) quote USD prices.
#92
Join Date: Nov 2005
Posts: 523
Arrived yesterday. Peso 34 to 44 at different places during the day. Locals taking it in stride. TIA ( this is Argentina ). I read thru this thread and lots of folks want exact quotes and answers when coming down here. This is hard to do. I have been coming down here for 20 years and the prices have always been reasonable but not cheap. There are always protests and sometimes riots. Just use common sense and remember you are in a cultured but 3rd world country. Argentina is a perfect lesson on how to run a cultured , educated , and natural resource rich country into the ground. You will have fun and will shake your head in amazement at some of the things that go on.
#93
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Join Date: Aug 2006
Location: Argentina
Posts: 40,199
Arrived yesterday. Peso 34 to 44 at different places during the day. Locals taking it in stride. TIA ( this is Argentina ). I read thru this thread and lots of folks want exact quotes and answers when coming down here. This is hard to do. I have been coming down here for 20 years and the prices have always been reasonable but not cheap. There are always protests and sometimes riots. Just use common sense and remember you are in a cultured but 3rd world country. Argentina is a perfect lesson on how to run a cultured , educated , and natural resource rich country into the ground. You will have fun and will shake your head in amazement at some of the things that go on.
Sadly I can't see much changing no matter who's in charge.
#94
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I like your approach.... Im sure this attitude allows you to have a good time when you travel. Kudos to you Sir.
Arrived yesterday. Peso 34 to 44 at different places during the day. Locals taking it in stride. TIA ( this is Argentina ). I read thru this thread and lots of folks want exact quotes and answers when coming down here. This is hard to do. I have been coming down here for 20 years and the prices have always been reasonable but not cheap. There are always protests and sometimes riots. Just use common sense and remember you are in a cultured but 3rd world country. Argentina is a perfect lesson on how to run a cultured , educated , and natural resource rich country into the ground. You will have fun and will shake your head in amazement at some of the things that go on.
#95
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Arrived yesterday. Peso 34 to 44 at different places during the day. Locals taking it in stride. TIA ( this is Argentina ). I read thru this thread and lots of folks want exact quotes and answers when coming down here. This is hard to do. I have been coming down here for 20 years and the prices have always been reasonable but not cheap. There are always protests and sometimes riots. Just use common sense and remember you are in a cultured but 3rd world country. Argentina is a perfect lesson on how to run a cultured , educated , and natural resource rich country into the ground. You will have fun and will shake your head in amazement at some of the things that go on.
#96
Join Date: Jun 2007
Posts: 797
Timing is everything, innit? On Wednesday 29th I checked out of my Buenos Aires hotel and charged the 18,411.50 pesos on my US based MasterCard. I expected to get a bill for about $610 dollars. However I just checked the statement and instead the charge is $457.25, which means they are using an exchange rate slightly over 40 pesos per dollar. No complaint.
#97
Join Date: Aug 2009
Posts: 215
When I first visited BA in 2010, supermarket wines were excatly under $3.
I enjoyed this fantastic situation till around 2015, when things went bad us (visitors). :-(
My last visit in November 2017:
peso at Florida 17.20 per USD,
a bottle of wine 80-100 pesos - so $5- $6.
Roumors spread then, even on this forum, that peso was OVERVALUED.
Indeed, what hangs will fall down, sooner or later.
Now back to good old days (that harmed nobody) - wine again $3 :-)
#98
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Join Date: Mar 2000
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Timing is everything, innit? On Wednesday 29th I checked out of my Buenos Aires hotel and charged the 18,411.50 pesos on my US based MasterCard. I expected to get a bill for about $610 dollars. However I just checked the statement and instead the charge is $457.25, which means they are using an exchange rate slightly over 40 pesos per dollar. No complaint.
This.
When I first visited BA in 2010, supermarket wines were excatly under $3.
I enjoyed this fantastic situation till around 2015, when things went bad us (visitors). :-(
My last visit in November 2017:
peso at Florida 17.20 per USD,
a bottle of wine 80-100 pesos - so $5- $6.
Roumors spread then, even on this forum, that peso was OVERVALUED.
Indeed, what hangs will fall down, sooner or later.
Now back to good old days (that harmed nobody) - wine again $3 :-)
When I first visited BA in 2010, supermarket wines were excatly under $3.
I enjoyed this fantastic situation till around 2015, when things went bad us (visitors). :-(
My last visit in November 2017:
peso at Florida 17.20 per USD,
a bottle of wine 80-100 pesos - so $5- $6.
Roumors spread then, even on this forum, that peso was OVERVALUED.
Indeed, what hangs will fall down, sooner or later.
Now back to good old days (that harmed nobody) - wine again $3 :-)
#99
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Join Date: Aug 2006
Location: Argentina
Posts: 40,199
#102
Join Date: Jun 2007
Posts: 797
My advice: don’t be overly concerned. Pick a good hotel and bring your credit card so you avoid the 21% vat. Impossible to predict what the exchange rate will be on a particular day. You may luck out, see my post of 2 Sep. above. You picked a good time to be in BA, weather should be great.
#103
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Further advice on money is use the ATM for withdrawals if your bank rebates foreign ATM usage.
You will find that US bills other than pristine US$100 bills aren't in fashion and may fetch less dough from all but the most official (i.e., Banco Nacion) sources.
#104
Join Date: Aug 2009
Posts: 215
Interesting but:
1) what if the cc charges int'l conversion fee? (Schwab comes to mind, any other card has 0% fee on conversion?)
)
2) what if my bank (Citi) doe not rebate high ( was 5%, i.e. ARS 120 per withdrawal of ARS 2500) high Argentinian fee?
There was no fee when I withdrew at Citi ATMs, but Citi closed its operations in Argentina and Brasil last year. They had hmm...premonition :-)
So what is today's limit on ATMs withdrawals? Still ARS 2500?
3) Cash. Really the guys at Florida are less keen to advertise their willingness to buy dollars? The blue marked held its breath?
Ambito.com shows as of now: Official 35,94-37.94 ,Blue 36.60-38.60 (buy-sell)
1) what if the cc charges int'l conversion fee? (Schwab comes to mind, any other card has 0% fee on conversion?)
)
2) what if my bank (Citi) doe not rebate high ( was 5%, i.e. ARS 120 per withdrawal of ARS 2500) high Argentinian fee?
There was no fee when I withdrew at Citi ATMs, but Citi closed its operations in Argentina and Brasil last year. They had hmm...premonition :-)
So what is today's limit on ATMs withdrawals? Still ARS 2500?
3) Cash. Really the guys at Florida are less keen to advertise their willingness to buy dollars? The blue marked held its breath?
Ambito.com shows as of now: Official 35,94-37.94 ,Blue 36.60-38.60 (buy-sell)
#105
Join Date: Feb 2002
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