Tuesday, May 21, 2013

Money Exchange & Other Hustles on Florida St.

Money Exchange & Other Hustles on Florida St.

Florida Street near LaValle on downtown Buenos Aires’ pedestrian mall, it’s inevitable to come across some shady-looking characters yelling out or whispering, ‘cambio, cambio!’ These ‘unofficial’ (read: illegal) money changers, known in Lunfardo as arbolitos, do offer dollar and euro exchange rates that are much better than the banks, but it’s not recommended for casual [...]

Current Exchange Rates

Current Exchange Rates

With its wealth of natural resources and fertile land, Argentina enjoyed an abundant beginning to the 19th century and was one of the world’s richest countries one hundred years ago. Through the years a chaotic political landscape, corruption, and free-for-all privatization in the 80’s and 90’s has wreaked havoc on the economy since the golden [...]

Money — Credit cards, ATM’s & Small Change

Money — Credit cards, ATM’s & Small Change

• While in Argentina be sure to hoard (yes! hoard!) your small bills and change. There is a huge problem with the flow of currency in Argentina. It’s not uncommon for subway workers to let passengers ride free because they don’t have the change to sell tickets, or for the grocer to hand over a [...]