I apologies for the slightly scary title however the information below is something that all travelers to Argentina should know about as you are unlikely to hear about it from official sources inside Argentina.
Since the re-election of Christina Kirchiner earlier this year the rules on the exchange of Argentine pesos to any foreign currency including US dollars have been tightened.
Note: There are no restrictions on converting foreign currency to Pesos just the other way round.
The rules now mean that you must show how you acquired the pesos in the first place. The government here have said that it should be sufficient for you to present the receipts of your purchases for pesos, however in practice this is far from being universally accepted and will depend on:
1) The cassa de cambio you use; and
2) The knowledge and attitude of the staff member.
I would urge all travelers to:
1)pay for goods and services in USD where possible (the rate is now often better than you will get at the change places as many Argentine residents are desperate for dollars);
2) Only change small amounts of USD for pesos at a time to ensure you do not get stuck with un-used pesos;
3) keep all the receipts of your purchase of pesos whether this is at a cassa de cambio or ATM;
4) DO NOT use the black market, the rates are awful and you could get into trouble (this includes anyone offering to sell you dollars on the street)
Hope this helps and enjoy your travels.
I'd add one more advice: when you get into Argentina at the international airport (Ministro Pistarini, also known as 'Ezeiza'), only change yours USD at 'Banco de la Nacion Argentina' which is located after you go throught 'customs'. You will get here the official rate. Enjoy Argentina! almost 7 years ago
Right, don't exchange money on the "black market" you are at risk of getting fake notes, and then being followed by robbers.
Also I, myself, wouldn't advise paying with dollars were possible, when you pay with dollars strait away is often more expensive than paying with pesos. Argentinians tend to rise prices to foreigners, since they consider they have more money and therefore can afford to pay more, if you offer dollars is like offering to pay the double. almost 7 years agoAnswered by A via WorldNomads.com
The secret is out: with its gorgeous landscapes, cosmopolitan cities and lively culture, Argentina is a traveller's paradise. It stretches almost 3500km from Bolivia to the tip of South America, encompasses a wide array of geography and climates,
Bertram Snyder almost 7 years ago