Argentina's Blue Dollar Exchange: How to Change Your Money
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- Опубликовано: 24 авг 2024
- #argentinatravel #bluedollar
In this video, we're going to explore Argentina's blue dollar exchange, and show you how to double your money.
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Yes! So hard to hear the important information
This is GOLD! Thank you very much.
Glad it was helpful!
Helpful. Thank you. Thumps up
Glad to hear- Thank you!
Is the denomination of USD important in terms of getting the blue dollar rate? Meaning does it matter wether you have a 100 USD note or 5 x 20 USD notes to change?
Great question that I should have mentioned in the video! They prefer $100 notes. Many won’t accept anything else, from our experience.
@@TheNomadNextdoor Thank you! What about 50 USD notes? That are the notes that we got from our bank.
It depends on who/ where you go to. $100 bills are the safest bet.
@@TheNomadNextdoor Thank you!
Thx for the helpful tip.
You’re welcome!
Absolutely right. In 19.April.2023, Official is 1USD=214Pesos, Unofficial rate(Blue dollar) is 1USD=418Pesos.
605 now xd
@@juanencabo2176 Now over 600???? OMG 😱
Just came back from Argentina and this is no longer that beneficial. The official rate was $1 = 850 pesos and the Blue dollar rate was $1= 1,000 pesos We exchanged 3 times during out stays and the last day it was reduced to $1=980 pesos. We used the credit card once in a while and it ended up being $1=930 pesos according to the credit card statement.
Apparently the government is trying to reduce the gap between the official and the blue dollar, and the credit card companies are also following the blue dollar rate as well.
Good to know, thanks for your feedback.
Thank you. You are great!!
Thanks so much for your support!
In Argentina do they sell Visa/Mastercard Gift Cards in (Peso) in stores that you can buy with cash (pesos) after you have coverted dollars via the blue dollar rate.
No get a Wise Debit Card if you are in the US. Then you can load ARG pesos and avoid FX fees. You should be able to swipe your cards at major retailers. Take some US dollars and swap if need pocket change.
@@ricj619 You will not get the Blue Dollar rate with the scenerio you described.
Unless your paying for whores or illicit drugs, The “slippage” is minimal with regards to the FX rate . You shouldn’t need to use cash in BA unless your are needing for previous stated reasons.
I haven’t seen any while I was there, but there may be somewhere.
@@TheNomadNextdoor Thank you for answering. I gues other than being able to buy Visa Gift card in Argentino Peso, you would need to have an Argentino bank account and then you could deposit you Pesos you recieved via Blue Dollar and then deposit them.
Hi
Where I go to know the updated blue dollar fare? Thanks!
You can just google “dollar blue hoy” to find the current exchange rate.
There is also an app called Dólar Blue Hoy
Thank, you.
Thanks for supporting 🙌🏽
Double your money? You'll actually come home with less money. First, bc you spent it. Second, bc you bought double amount so actually spent the same.
Third, the argentine dollar is inflated, so you will be spending more for the same or comparable item.
Fourth, when you leave and try to buy back dollars you will get the official, if you are even lucky enough to be able to buy back dollars
If you change your dollars at a bank or non-blue dollar exchange your dollars will be worth half, that's the point.
Its the black market rate aka the real market
How much USD can you bring into Argentina?
If ur coming from the US u can bring 10,000 that’s the max ammount u can fly with at any time
Hi, is Euro or Dollar which one is better to carry and has good exchange rates in Argentina ?
Hi! I would just bring USD as that is the currency that is most desirable there.
Hi. What if someone wanted to use the blue rate to convert enough money to buy a house (like, say, $250k USD for example). Is this not possible? What would be the max in your opinion? ¡Gracias!
I am not sure. That is something you might want to ask western union or a bank.
cant you just cheat converting USD to argentina pesos and then change them back to USD and repeat?
From videos that I've seen... YES you can. (That said, I've never tried it).
As far as I know, coming from my family who lives in Argentina, you can go to the duty free shops with your pesos and purchase goods at the official dollar rate, which ends up saving you money if the goods are priced right.
Visa pays the blue dollar rate. Mastercard doesn't. We just 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!
Wow that’s interesting- thanks for your insights. I hadn’t heard that before. I looked into it and found an article explaining why. It appears to be a recent change that has been made for foreign credit cards. The exchange rate is slightly less than that of the blue dollar, but is definitely a good option for convenience. Cash is still always good to have in Argentina, as many places are cash only or will charge an additional fee to take cards. Here is the article I was referencing:
buenosairesherald.com/argentina-101/foreign-tourist-dollar-everything-you-need-to-know-about-the-new-preferential-exchange-rate
Hi can you please advise is it the same for visa debit as credit card?
Is it the same with a visa debit as a visa credit card?
I haven't found any official info online to support this, but would be curious to see if you found some.
I wonder if it's debit only.
If I use an ATM. Will I lose double as you said?
When we were there the maximum return on the dollar was always at Western Union or changing on the street. You would need to check the exchange rate of the ATM and compare it with the Blue Dollar rate. Here is a site for the Blue Dollar that basically breaks down the difference in exchange rates when using ATMs or changing at Western Union or on the streets (informal rate) bluedollar.net/
@@TheNomadNextdoor Wow thank you for this info.
This has changed now? Visa gives blue rate. Not sure about atm
@@Just93GGE I heard now there is actually a 3rd rate, called MEP just for foreigners using credit cards (mainly Visa) that is very close to Blue rate! I don’t know if that is good for debit cards at ATMs?
I’ve heard that as well, but did not try quilé I was there.
Do you suggest transferring USD to peso in home country before arriving Argentina? I will be in Calafate, then do I just show up at Western Union in Calafate to pick up the peso at the blue dollar rate (based on the date of online transfer)? Thanks.
From my experience, we would always setup the transfer online on western union’s website the day of or day before we needed to withdraw, in order to get the best rate. When you’re on the website you can choose the western union branch you want to pick it up from. Make sure you have your ID/passport and a screenshot of the transfer receipt.
@@TheNomadNextdoor thx. Happy travel!
Is there a blue dollar cambio at the BA airport? I go with USD and exchange at Mex airport and the rates are better than Houston airport. If cambio is closed at airport, can I give taxi service USD and then in the a.m. go to a cambio?
I don’t recall seeing a blue dollar exchange at the airport but could be wrong.
Everything at the airport is the official exchange rate. They have a Bank located there and a few ATM machines but nothing pays out at the dollar blue rate. Just exchanged enough money to get you into town
Where can i exchange Argentine pesos to usd? 😊
I can’t tell you for sure, but I would guess Western Union.
@@TheNomadNextdoor at what rate?
Western Union.
Most foreign banks won't accept AGS because it's literally worthless (due to super hyper inflation).
Ultimately, you should withdraw what you need and try to spend it all before leaving Argentina.
Hi Kristy, I’m the founder of Wapupay an app that allows nomads to pay and transfer pesos at blue rate. Is there a way I can contact you?
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You must walk in an American dream.. okay with a card swallowed by an ATM machine examples.. who how many.. Senegal in class.. Belize.. examples..novices inn map MAP exchange rate
mercenary tourism, happy to take advantage of the suffering of others, shame on you
It’s the reality of the situation. My husband and his family are from there and they explained to me how it works, which I what I share in this video so others don’t make the mistake of paying double for everything. People living there base their prices off of the blue dollar, not the official dollar.
i’m from argentina and there’s nothing wrong with this. places make their prices based on the blue dollar, not the official.
@@matthewgraygublerswife9224exactly- thanks for your feedback!
Nah. Pumping foreign dollars into the economy will help tremendously. Many countries rely on tourism....
The USD/Euro are very stable. Locals can exchange their own AGS to USD and save long term.