This video is gold. I've been wanting to do a short term stay in Argentina for a while now, but i never had any idea how people get USD reliably exchanged.
Visa pays the blue dollar rate. Mastercard doesn't. We're almost finished with my two-week holiday in Argentina: BA, Ushuaia, El Calafate, and back to BA. We were informed by our tour guide for the Recoleta Cemetary that Visa pays the blue dollar rate. We had to pay by card to enter the Recoleta Cemetary as they don't accept cash. I used my Visa card and discovered that I was only charged GBP 4.74 entrance fee to the Recoleta Cemetery. I then started to use my Visa card and discovered that I was getting an exchange rate of AR$340 to 1 US$. Which is not too different from the current blue rate of AR$380 to 1 US$. We found lots of vegan restaurants and most other restaurants have at least a vegetarian option. We did not starve during our Argentine holiday!
so just fly to where you're staying with some crisp $100 bills and then convert at the "cuevas" as needed...not sure why you'd use Western Union with fees, unless you're worried your USD cash will be stolen where you're staying
Thanks Sito! I’ll be heading to Argentina in October and will be staying until March. So the smartest thing for me to do is bring a good amount of USD with me and exchange it at Western Union for ARS? Thanks so much! Cheers, Jordan
Hello, thank you for watching! Western Union does not directly exchange USD for pesos. It all has to be done through the app. So I would recommend leave the USD in your bank account and use the WesternUnion app to send money to yourself in Argentina. Make sure that your name and passport number is 100% correct and you will need your passport to pick up the money.
Bringing USD in cash is also a good idea if you plan to change money on the street. That way you get the unofficial rate which is more value. Don't go to a bank or airport or they will give you a bad rate.
I can go into Albertson here in the States and with $100 and they take the fee out and it's only a few bucks and my buddy down in Rosario gets so much more cash
It really depends but usually Western Union is better for the exchange rate, but it almost evens out with the black market because of the fees for the Western Union service
@@AndrewJames-kt1yj it’s been quite awhile since I made the account but I believe I did make in when I was in Argentina. And today it’s exchanging at $292 pesos per dollar
I understand about the blue dollar rate and withdrawing big stacks of pesos from Western Union. Is there a reason for not opening an account in Argentina in an Argentinian bank and depositing those big stacks of cash into that account. Then using a debit card associated with that account to pay for things there so you wouldn't have to carry so much cash around with the danger of being robbed?
It's not easy for foreigners to open bank accounts in another country. Additionally, you do not want to hold onto cash in a high inflation environment. If you deposit 10,000 Argentine Pesos in a bank account then in 1 month it might lose 10% or more of it's value. It probably makes sense to hold US dollars and exchange only enough for what you plan to spend in 1 week so you don't lose so much to inflation
Sorry to disagree with the segment you added today. If the transfer is done from abroad to an Argentine account, the exchange would be done at the official rate and not at the international rate similar to the CCL rate.
@@sitopoema Ah, ok. So a transfer from a foreign account in dollars would enter a local Argentine account in dollars at the blue rate. Good to know. Thanks.
Yes you don't need to go to Montevideo. From Buenos Aires you take the ferry to Colonia, Uruguay. Use the ATM at the ferry station in Uruguay and you can get your daily limit in cash USD
Hello! I am wondering if it is possible IF I send $100 to my Argentine friend in Western Union with Blue Dollar rate and this friend to send me same 36700 Argentine Peso with Blue Dollar (367 peso) in Official Exchange (195 peso) to US$180 back me?
Did I miss something? Every time I've been down to Argentina I go to Calle Florida and get best exchange rate there for my USD. You didn't even mention what rate you get from Western Union. Is it the same Dolar Blu rate you get from the guys on black market? if not, is it better or worse?
How would you exchange dollars to pesos in Argentina at calle Florida, if you're out of cash? He's talking about sending money to yourself or by asking somebody to do it in the branch of WU, so you could receive it with a reasonable rate.
Thanks for your informative video. What would you say would be the limit for a Western Union transaction, based on the ability to find a Western Union with enough cash to pay you? Would you say $500? How about $1000? Is that a reasonably possible amount? Thanks again!
I say more around 500 USD is going to be a limit but it depends on where you were going to be retrieving that money from. Some places only allow $300. And if you get lucky you can find a place that will allow up to $1000 but it would be hard to find.
Ima be going to Argentina for new year, can I send myself $1000? I was planning on going to one of the western Union agency in town and just send it to myself but I’m scared I won’t be able to pick up the money once I’m there
You have to make sure all the information is correct that your name is exactly the same that is on your passport. And I would recommend that you send only $500 at a time because sometimes it’s hard to find somewhere where they have $1000 in pesos so if you divided into you can go to two different locations if needed
The Argentines have a good currency and it has a lot of profits through the Binance company. If there is a person from Argentina who wants to get good profits, he can tell me that and we will benefit from each other + it is a very safe and secure method
This video is gold. I've been wanting to do a short term stay in Argentina for a while now, but i never had any idea how people get USD reliably exchanged.
Visa pays the blue dollar rate. Mastercard doesn't. We're almost finished with my two-week holiday in Argentina: BA, Ushuaia, El Calafate, and back to BA. We were informed by our tour guide for the Recoleta Cemetary that Visa pays the blue dollar rate. We had to pay by card to enter the Recoleta Cemetary as they don't accept cash. I used my Visa card and discovered that I was only charged GBP 4.74 entrance fee to the Recoleta Cemetery. I then started to use my Visa card and discovered that I was getting an exchange rate of AR$340 to 1 US$. Which is not too different from the current blue rate of AR$380 to 1 US$. We found lots of vegan restaurants and most other restaurants have at least a vegetarian option. We did not starve during our Argentine holiday!
Thank you for this video I'm thinking of going to Argentina because of you. Currently in Cambodia
so just fly to where you're staying with some crisp $100 bills and then convert at the "cuevas" as needed...not sure why you'd use Western Union with fees, unless you're worried your USD cash will be stolen where you're staying
Thanks Sito! I’ll be heading to Argentina in October and will be staying until March. So the smartest thing for me to do is bring a good amount of USD with me and exchange it at Western Union for ARS? Thanks so much!
Cheers,
Jordan
Hello, thank you for watching! Western Union does not directly exchange USD for pesos. It all has to be done through the app. So I would recommend leave the USD in your bank account and use the WesternUnion app to send money to yourself in Argentina. Make sure that your name and passport number is 100% correct and you will need your passport to pick up the money.
Bringing USD in cash is also a good idea if you plan to change money on the street. That way you get the unofficial rate which is more value. Don't go to a bank or airport or they will give you a bad rate.
Hey bubba!! Would 1500/2000 dollars be consider a big purchase at western Union ?
Yeah, I would divide that into at the most $500 per transaction
Why did you post this video last night and again this morning?
I had a mess up in the editing and completely forgot a important part!
How popular are crypto currencies in Argentina? I wish the political class down there would make some progress on taming the inflation.
I can go into Albertson here in the States and with $100 and they take the fee out and it's only a few bucks and my buddy down in Rosario gets so much more cash
Can I be your buddy too? 🤣
@@SoledadSuarezPeabody What's your full legal name? It has to match your Argentine ID or passport
@@SoledadSuarezPeabody which western union do you live by?
@@SoledadSuarezPeabody tenes whatsApp?
Thank you so much for this video! My dream is to move to Argentina and live there with my gf and her family.
😳wow those fees if you use a credit or debit card. Thanks for the video 👍
Sito, based on your experience, which rate is better between Black Market and Western Union? Thanks.
It really depends but usually Western Union is better for the exchange rate, but it almost evens out with the black market because of the fees for the Western Union service
Is your ethnic background Argentinian or Latino?
Can you get the blue dollar at any WU in the world? In other words can i get some before going to Argentina? Thank you
We can't seem to get the app or the website working! It keeps saying error try again later. Have you had this issue?
That’s odd? I just checked on my app and everything loaded like normal
@@sitopoema did you create an account before coming to Argentina or whilst you were here? Also what exchange does it currently give you for $1 USD?
@@AndrewJames-kt1yj it’s been quite awhile since I made the account but I believe I did make in when I was in Argentina. And today it’s exchanging at $292 pesos per dollar
@@sitopoema thank you legend!
I understand about the blue dollar rate and withdrawing big stacks of pesos from Western Union. Is there a reason for not opening an account in Argentina in an Argentinian bank and depositing those big stacks of cash into that account. Then using a debit card associated with that account to pay for things there so you wouldn't have to carry so much cash around with the danger of being robbed?
It's not easy for foreigners to open bank accounts in another country. Additionally, you do not want to hold onto cash in a high inflation environment. If you deposit 10,000 Argentine Pesos in a bank account then in 1 month it might lose 10% or more of it's value. It probably makes sense to hold US dollars and exchange only enough for what you plan to spend in 1 week so you don't lose so much to inflation
Sorry to disagree with the segment you added today. If the transfer is done from abroad to an Argentine account, the exchange would be done at the official rate and not at the international rate similar to the CCL rate.
For me is always the dollar blue rate
@@sitopoema Ah, ok. So a transfer from a foreign account in dollars would enter a local Argentine account in dollars at the blue rate. Good to know. Thanks.
@@MartinZanichelli exactly! Thank you for watching!
What about making a trip to Montevideo and taking dollars out of an ATM?
Yes you don't need to go to Montevideo. From Buenos Aires you take the ferry to Colonia, Uruguay. Use the ATM at the ferry station in Uruguay and you can get your daily limit in cash USD
Hello! I am wondering if it is possible IF I send $100 to my Argentine friend in Western Union with Blue Dollar rate and this friend to send me same 36700 Argentine Peso with Blue Dollar (367 peso) in Official Exchange (195 peso) to US$180 back me?
Did I miss something? Every time I've been down to Argentina I go to Calle Florida and get best exchange rate there for my USD. You didn't even mention what rate you get from Western Union. Is it the same Dolar Blu rate you get from the guys on black market? if not, is it better or worse?
How would you exchange dollars to pesos in Argentina at calle Florida, if you're out of cash? He's talking about sending money to yourself or by asking somebody to do it in the branch of WU, so you could receive it with a reasonable rate.
@@ipkislol title of video is "Getting best exchange rate", not "how to get your money from back home".
Thanks for your informative video. What would you say would be the limit for a Western Union transaction, based on the ability to find a Western Union with enough cash to pay you? Would you say $500? How about $1000? Is that a reasonably possible amount? Thanks again!
I say more around 500 USD is going to be a limit but it depends on where you were going to be retrieving that money from. Some places only allow $300. And if you get lucky you can find a place that will allow up to $1000 but it would be hard to find.
Hello. Is there a way to with draw PayPal into cash in Argentina? Thanks.
Ima be going to Argentina for new year, can I send myself $1000? I was planning on going to one of the western Union agency in town and just send it to myself but I’m scared I won’t be able to pick up the money once I’m there
You have to make sure all the information is correct that your name is exactly the same that is on your passport. And I would recommend that you send only $500 at a time because sometimes it’s hard to find somewhere where they have $1000 in pesos so if you divided into you can go to two different locations if needed
What about safety? Do you feel safe?
Overall I feel pretty safe I haven’t had any problems being here but like wherever you are you just have to be careful where you go
Thank you
No problem!
The Argentines have a good currency and it has a lot of profits through the Binance company. If there is a person from Argentina who wants to get good profits, he can tell me that and we will benefit from each other + it is a very safe and secure method
re argento el acento inngles jajaja