EZE (Buenos Aires) - US Dollar Exchange Rate

Discussion in 'Argentina' started by Gaucho, Feb 19, 2011.  |  Print Topic

  1. Gaucho
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    Gaucho Gold Member

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    To make sure folks dont get ripped off by some money changers that are out there, I like to keep an updated thread of what you should be getting for each of your Greenbacks....

    Current (sell) rate is AR$4.05 which means that a fair price will be at least AR$3.98 and a decent rate would be AR$4 - 4.01 for each Dollar, anything above is a very good rate.
     
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  2. Bay Pisco Shark
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    Bay Pisco Shark Gold Member

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    Two important websites are:

    www.dolarhoy.com - you will see the buy/sell for many banks, plus the average.

    www.xe.com/ucc - this site's rate is generally within 1% of what your ATM or credit card transaction will be (without consideration of fees)
     
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  3. dhammer53
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    4.2555 is the current rate.
     
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  4. Gaucho
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    Actually, for banknote transactions the current rate is AR$4.20 (buy) and AR$4.28 (sell).
     
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  5. Gaucho
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    Current rate is AR$4.33 - expect to get at least AR$4.25 per Dollar at reputable exchange locations.

    Stay away from the crooks at Global Exchange !!!! :mad:
     
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  6. Bay Pisco Shark
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    The interbank rate (CCs and ATMs) is about $4,31
     
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  7. Gaucho
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    Current (sell) rate is AR$4.35
     
  8. jbcarioca
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    jbcarioca Gold Member

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    The rate at the Banco de la Nacion Argentina at EZE on the 30th was 3.73. I was astonished that it could be so low after reading this thread. Their ATM swallowed my debit card and did not return it too, although it did give me my money.
     
  9. Bay Pisco Shark
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    Are you sure you didn't mistake it for one of the Global Exchange outposts?
     
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  10. dhammer53
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    Late last week, it was still showing in the low 4.30's.
     
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  11. Gaucho
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    3.73 sounds about right for Global Exchange.....
     
  12. Gaucho
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    Thats about right.... the Banco Nacion will give you a slightly better rate, 4.32 - 4.33 was their rate when I arrived at EZE on Sunday.
     
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  13. NYCAdventurer

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    Thanks for the info, I will be arriving this Sunday AM. Banco Nacion is the best place to exchange or should I just use the ATM?
     
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  14. Gaucho
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    Banco Nacion or ATM will be your best bets.... either is fine. Have a great trip !!!
     
  15. KyRoamer
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    KyRoamer Gold Member

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    Beware of ATM fees. You might get hit with a $1.50 to $3.00 fee from the ATM you use plus your card may impose a 1% Forex (foreign exchange) fee. So if you wanted $100 at a rate of 4.30 where you would get 430, you would pay fees of at least $2.50 and maybe $4.00. This would really knock down your effective rate.

    Lessons --

    Do not use ATM for small amounts of cash. I always take at least $200 at a time to spread the ATM fee. The Forex fee is proportional so size does not matter.

    Get a debit card without Forex fees. There are plenty of those available today.

    Get a debit card the reimburses ATM charges. This is a bit harder to do. My Schwab card has no Forex fee and reimburses ATM fees. Once in Rio I used a hotel ATM and was charged over $8.00, all reimbursed. With the Schwab card I can ignore tip one and take just what I need.
     
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  16. Gaucho
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    Very sound advice posted above... as always, the devil is in the details.... :cool:
     
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