Go To Argentina & Get 33% More Money Free Right Now | 1 USD = 12.4 Black Market Pesos…

Miles Clark
Argentine Peso & US Dollar.
argentine-peso-US-dollar-IMF-e1374832027161
100 of ours can get you 850 of theirs…

The official exchange rate right now is 1 US Dollar = 8.1ย Argentine Pesos.ย ย This is a good exchange considering only 5 years ago the exchange was 1 USDย = 3.5 Argentineย Pesos.

Official Argentina Peso vs Dollar graph over the past year.  The peso went into a freefall this past February.
Official Argentina Peso vs Dollar graph over the past year. The peso went into a freefall this past January losing 17% of it’s value against the USD in just 2 days… ย image: ย bloomberg

So, no matter what, youโ€™re richer in Argentina than you are in the USA.

Then, you have to consider that Argentinaโ€™s black market (they call it the blue market) exchange rate is 1 USD = 12.4 Argentine Pesos. ย [track the blue dollar’s rate against the USD here: ย bluedolar]

Blue dollar rate as of July 22nd, 2014
Blue dollar rate as of July 22nd, 2014

The black market in Argentina is giving your dollar 33% more value right now.ย ย Thatโ€™s enormous. ย That makes all of Argentina 33% cheaper than it already is… ย and itโ€™s already cheap. ย Lift tickets, hotels, travel, food, booze… ย all 33% off.

Argentina
Argentina

How do you exchange your dollars in Argentinaโ€™s โ€˜blueโ€™ market?ย ย Easy, just ask your hotelโ€™s front desk where the best, safest place to exchange your dollars is and head over there. ย Itโ€™s very normal and up front down there to exchange dollars and youโ€™re helping people out. ย You can also exchange them on the street, but we donโ€™t recommend this as there is a lot of counterfeit money floating around in Argentina.

Why is the โ€˜blueโ€™ market dollar so valuable?ย ย Argentina has heavily restricted the exchange of dollars by money changers and others, so Argentines have essentially no legal access to dollars. ย The Argentine peso is very volatile (it lost 17% of it’s value against the USD in 2 days in January 2014) and Argentines want stable US Dollars so that they can avoid all the inflation and fluctuationsย of the Argie peso. ย Thus, there is a huge demand for dollars and theyโ€™re willing to pay more to get them.

Argentina_1_peso_1983_obv

Yep, this means that every Argentine household has a huge pile of dollars under the mattress. ย 

If youโ€™re coming to Argentina this year, make sure you bring a lot of dollars and buy yourself 33% more money for free.

Las Leรฑas, Argentina
Las Leรฑas, Argentina

Learn more about South America here: ย SnowBrains South America

CEO & Founder of SnowBrains, UC Berkeley graduate - molecular cell biology major, professional freeskier, professional mountain guide, Alaska heli-ski guide. Skiing, surfing, guiding, travel, reading, writing, language, Ella Fitzgerald.
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