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a VirtualTourist member from Norfolk asked on May 16, 2016

Buenos Aires

Dollar or Argentine Peso

Hello all. I'm traveling to Buenos Aires this Thursday, May 19. I have conflicting info from websites and friends that have been there. Long story, short, is it better to use U.S. Dollars there instead of Pesos? Which is more accepted and practical. All internet searches speak of the "blue dollar" but it appears as if that's not relevant anymore. What are your thoughts? Thanks!



9 Answers


answered on 5/16/16 by
a VT member from Buenos Aires

Hi !

It´s right, the "blue" (parallel) isn´t useful now, since the new government opened the Economy.

For use here, you will need PESOS. Of course you can pay a lot of products or services with credit card. But "taxis" or tips, must be in Pesos.

Welcome to Argentina !




answered on 5/16/16 by
a VT member from Wakefield

Take dollars to exchange of course. I found it easy to do so and you get a better rate there. In BA its easy to do as you go along so you have what you need in pesos and have your left over dollars for home.

If using cards, check for fees first! Some cards are much better than others.

All the best,

DAO




answered on 5/16/16 by
a VT member from Buenos Aires

Yes to all you said. Before it was critical to take dollars. Now the cambio is more normal, so if you want to pull money out of an atm, that's fine. Keep in mind, I still change dollars at a "cuevo" or the old semi-illegal places only because they have better hours. Banks normally are only open until 3pm, and they often won't change tourists money (you have to be a client of the bank to change.) Some ATMs don't work with foreign cards either (and I have Schwab which generally works everywhere). So bring dollars, and change at your hotel or wherever they recommend. Just don't stress if you go to a nice dinner and use a credit card - the "official" exchange rate won't kill you like it used to :)




answered on 5/17/16 by
a VT member

Dollard, you can have a good exchange in the street ( i try this few time, never has a problem & just don't exchange big amout each time to be safe).




answered on 5/17/16 by
a VT member from Balloch

The problem with taking dollars (or indeed cash of any kind) anywhere, is security. Buenos Aires is a big city with its share of pickpockets, and there is always the risk of losing it. I am always surprised that travellers are often more concerned about getting the best rate, or lowest charges but are happy to risk the whole lot by carrying cash. Unless there is a real problem with using a cash machine in the place you are visiting (from previous answers this doesn't seem to be the case in Buenos Aires), then use plastic. Hope this helps. Bruce




answered on 5/17/16 by
a VT member

the exchange rate was 20+% more high that the bank etc...
i was not carry much money... just a 1000$ is enough...

it's depend on what kind of trip did you do... my, was a low expense trip.

i understand that carry a lot of money is scary... go with what are u confortable with.




answered on 5/17/16 by
a VT member

even some local resto + taxi give you a good exchange rate!




answered on 5/17/16 by
a VT member from Norfolk

Thanks [VT member 93f85]! It's seems like the consensus is pesos are best. Frankly, the whole "find a spot to trade your dollars" was slightly intimidating.

I'll plan to pull out a few ARS at the airport, carry a few USD with me from home, and pay with credit cards as needed (bank offers good international transaction rebates). Cheers!




answered on 5/18/16 by
a VT member from Ieper

To be safe, just take a small amount of dollars and change to peso when you get to BA. You need peso for bus or taxi from the airport. ATM's are plentiful and safe to withdraw money anytime you want





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