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  2. May 10, 2024 · The Blue Market: Argentinas informal currency exchange Because of this high inflation, Argentines prefer to hold onto and trade in US dollars, which is seen as a more stable currency. This situation has led to the development of two distinct markets for exchanging currency.

    • Currency in Argentina: The Peso vs. The Dollar
    • Milei & The Big Devaluation: What Does It Mean?
    • So, What Is The Current Exchange Rate?
    • How to Get Cash & Exchange Money in Argentina
    • Tips For Exchanging Money in Argentina
    • Tax Free Shopping in Argentina
    • Read More About Argentina

    The official currency in Argentina is the Argentinian Peso. It’s often denoted also with the same sign as the dollar, $, which is differentiated as U$100 vs $100 [Pesos]. And while the peso is the official currency here, Argentines have always maintained an ongoing love affair with the US dollar. A volatile economy pushes many to “invest” in US dol...

    On December 10, 2023 Javier Milei took office as the new president of Argentina after running on a platform of extreme monetary policy changes. His main promise was to dollarize the economy and virtually throw the peso into the garbage. That hasn’t happened yet and if it does happen, it will take some years to create the conditions to even be able ...

    First, click here check the current exchange rates (official, blue, and MEP). In Argentina, there are a lot of exchange rates, it can be dizzying even for locals. Ignore all of the rates you see except for: 1. Dolar oficial– The official exchange rate, this is the rate set by the national bank. 2. Dolar blue– The parallel unofficial exchange rate t...

    Time to get down to it, how do you access cash in Argentina and get the most favorable exchange rate? I’ll start with the most recommended methods and work my way down to the less desirable options.

    So now you know what you need (cash) and how to get it. Here are some local tips to get even more bang for your buck. 1. Bring only 100 dollar bills that are crisp and unmarked. I always go inside my bank in the US and pull cash out with a teller then review every single bill, asking for any bills that are damaged or written on to be exchanged. Yes...

    Foreign tourists are entitled to a refund of the VAT tax spent on purchases of domestically-manufactured goods with a value over ARS $70 when made at participating outlets that belong to Global Blue Argentina. When shopping for authentic Argentine souvenirs, look for the Global Blue Argentina sign at the register or simply ask when you’re paying if...

  3. Apr 26, 2024 · The Argentine peso has jumped 25% in three months against the dollar in one key exchange market. It's a result of President Javier Milei's measures to curb inflation and limit demand. However,...

    • Thomas Greaney And Finanzen.Net
  4. 1,900.00 Argentine Pesos =. 2.13 40211 US Dollars. 1 ARS = 0.00112317 USD. 1 USD = 890.338 ARS. We use the mid-market rate for our Converter. This is for informational purposes only. You won’t receive this rate when sending money. Login to view send rates.

  5. $1.000 USD = $889.2 ARS. Mid-market exchange rate at 17:59. Track the exchange rate Send money. Spend abroad without hidden fees. Sign up today. Loading. Compare prices for sending money abroad. Leading competitors have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge.

  6. $1.000 ARS = $0.001130 USD. Mid-market exchange rate at 17:59. Track the exchange rate. Spend abroad without hidden fees. Sign up today. Loading. Top currencies. Beware of bad exchange rates. Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate.

  7. Understanding the Value of ARS to USD. Understanding the exchange rate between the Argentine Peso (ARS) and the United States Dollar (USD) is essential for travelers (and anyone else making financial transactions between the two currencies).

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