What is the best way to get ARS using USD?
The current (official) exchange rate for USD to ARS is around 1:5, but I've heard that due to the fluctuation recently there may be a way to get a better value for USD in Argentina.
Any pointers?
Best Answer
One factor I would like to add: the "blue" exchange rate can be quite different in different places. Namely, when there are a lot of tourists around such as in Ushuaia or El Calafate in Patagonia, the supply of Dollars is much higher and the exchange rate will not be as good for you. It will not be as easy to find "cuevas" as in Buenos Aires (where they often find you), and the rate they offer will vary more.
For example, most hostels will exchange "blue" (hotels usually not), but they usually don't offer the best rate and only have a limited supply of pesos (whatever people recently paid for their rooms). It pays to ask around a little.
The site I used to look up the current exchange rate is http://dolarblue.net/ - which also shows the rate for Euros.
Update: In December 2015, the new Argentinian government removed the exchange restrictions, so the official exchange rate is now based on real market forces and the black market has lost its advantage.
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