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If you have plan to visit Argentina, I guess this blog might help you a lot, in saving $. The monetary policy in Argentina's fully controlled by the govt, there's no freedom in foreign exchange in the financial market. While the ar pesos're seriously devaluating each day (like I took a cab on the first day from the airport to the hostel, it costed me 200peso, 3 weeks later it's already 220pesos).

Local people long for foreign currencies such as USD, so if you hold USD to exchange in Argentina, you can get 6 pesos with 1 USD, instead of 4.8 pesos according to the official rate. Of course it's highly recommended you exchange your money in a trusted tourist information center or a local shop, also you should change your money in bigger cities such as buenos aires or bariloche. You might not be easy to get a gd rate in small towns such as calafate.

I just happened to bring enough USD with me to Argentina instead of trusting my ATM card, the $ was like 25% more of value for a more luxurious trip. Many shops also accept USD to pay for their merchandise in the rate of 1usd to 6pesos.

But bear one thing in mind, you can't change your pesos into USD, so make sure you spend all your pesos in the end of your trip.

Due to the poor economy, Argentina's quite dangerous especially big cities (I was lucky to meet only good and kind people and had a great experience), there're a lot of robberies and stealings. But it's more than worthwhile to visit it because the views're breathtaking, and the people're beautiful and nice, plus the sky's always blue and clear!

 
 
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