South America group posting on GLOBOsapiens

Currency in Argentina?

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wojtekd Premium account Joined: Oct 02 Points: 74900 Posts: 411 Posted: 2005-12-21 13:24:00    I have been to Argentina years ago... There were high inflation and profitable for travellers free market rate higher then official bank rate for USD. Does anybody know how does it look now? Is there paralel free currency market - official or unofficial? Thanks... Wojtek --- You can lose everything, but nobody will take away what you saw and what you experienced... W.D. Reply    Reply with quote    Contact wojtekd   wojtekd Premium account Joined: Oct 02 Points: 74900 Posts: 411 Posted: 2006-01-09 22:31:00    Hi Globies After weeks I got a message from Argentina I want to share: ....There is no real "other market" for currency exchange here. A couple of the stores offer a bit better exchange rate if you buy in dollars but only if you are making a purchase. You might want to monitor this web site http://www.dolarsi.com/ as of today rate seems to be about 3.03 to the dollar. One word of advice, if you are dependent on the Cambio's for getting pesos, as opposed to an ATM card, it seems that many of them lower the exchnage rates on Friday and raise them back up on Monday. It can sometimes be as much as 10% less. Can we say taking advantage of tourist? So you might want to make certain that you have plenty of cash on Thursday.... Wojtek --- You can lose everything, but nobody will take away what you saw and what you experienced... W.D. Reply    Reply with quote    Contact wojtekd