How long before the Peso collapses (again)
#76
Join Date: Feb 2002
Location: SFO, EZE
Programs: UA 1K 2.32 MM
Posts: 2,425
If the BCRA can't maintain an orderly devaluation, some merchants may offer a preferential exchange rate (if you pay in US$), so it's a good idea to have cash on hand.
John
#77
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,655
It's always a good idea to have US$ to exchange in case you have trouble using your ATM card (especially if you are limited by the Argentina network in how much you can obtain each day). The airport ATMs are also known to run out of cash on occasion.
If the BCRA can't maintain an orderly devaluation, some merchants may offer a preferential exchange rate (if you pay in US$), so it's a good idea to have cash on hand.
John
If the BCRA can't maintain an orderly devaluation, some merchants may offer a preferential exchange rate (if you pay in US$), so it's a good idea to have cash on hand.
John
#79
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: 35,681
Depending on who you speak to... some prefer the Canadian $$ to the USD considering the current financial mess...
#80
Join Date: Aug 2003
Location: Whistler, Canada
Programs: Air Canada Elite , Hilton Honors
Posts: 283
There was a brief period recently when the Canadian dollar was worth a few cents MORE than the US Greenback. Fortunately I was able to dash over the border to buy lots of books (another story) and it was also handy to buy a bunch of US cash at a profit. Now that the Canuck peso is back to $0.79 I'm using my US cash to advantage in exchange at EZE.
Commander Bob
Then I lose again when I go to Cuba!
Commander Bob
Then I lose again when I go to Cuba!
#81
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: 35,681
CBob-- you dont have to lose when you are in Cuba.... you just have to stay away from the official money changers and go grey market...
The USD is up one cent again, AR$3.56 offer rate for interbank transactions. Hello crawling peg......
The USD is up one cent again, AR$3.56 offer rate for interbank transactions. Hello crawling peg......
#83
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: 35,681
On the subject of wine... please feel free to PM me and I can provide you with more information.
#84
Join Date: Mar 2005
Location: Texas
Programs: AA PLT, Starwood PLT, Continental PLT, Virgin GLD
Posts: 115
It would seem extremely expensive if you went there today versus 8 years ago. 8 years ago, I stayed at the Park Tower (a true Luxery Collection hotel) or $69 a night. You can hardly get the (and it's worth it) Sunday brunch for that now. It was part of the night's stay in 2001.
#85
Join Date: Mar 2005
Location: Texas
Programs: AA PLT, Starwood PLT, Continental PLT, Virgin GLD
Posts: 115
Wine -- two options
For $15 pesos go to the corner of Suipacha and Diagonal Norte. There is an easily found store on the corner. Add 20% for being in a tourist area but offset the value by walking over to 9 de Julio and getting some exercise and good sightseeing in. For a cheaper and better selection go down to Boca (during the day) and ask a taxi drive to get you to a wine store AWAY from tourist areas (i.e El Caminito) and bargains are everywhere!
#86
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: 35,681
It would seem extremely expensive if you went there today versus 8 years ago. 8 years ago, I stayed at the Park Tower (a true Luxery Collection hotel) or $69 a night. You can hardly get the (and it's worth it) Sunday brunch for that now. It was part of the night's stay in 2001.
#88
FlyerTalk Evangelist
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,655
#90
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: 35,681