Updated for 2024! The 5 Best Ways to get Pesos in Argentina/Tips To Maximize Your USD

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In today's video, we dive into the world of currency exchange in Argentina for 2024. With the recent changes in the economic landscape after President Milei's shock-therapy program of devaluating the Argentine Pesos by 50%, we explore the most cost-effective ways to get pesos, maximizing your US-Dollars or Euros. Subscribe, hit the bell icon, and let's dive into the vibrant expat life together.
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📈 Latest rates:
nomadicfire.com/argentina#rates
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💸 Money Exchange / Cambio:
Flash Palermo Money Exchange - maps.app.goo.gl/ku4EP8MVyMnvh...
Reby Rate Money Exchange - maps.app.goo.gl/ZjTmPawZgHSBT...
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Timestamps:
00:00 Maximize Your US-Dollars or Euro
01:01 Background
03:11 Western Union
04:24 Crypto Adventure: Exchanging USDT for Pesos
06:09 Exchanging USD or EUR Bills for Pesos
07:13 Wise
07:33 ATM: Reality Check:
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Chau from Argentina! 🇦🇷 #NomadicFire #BuenosAiresMoneyExchange #WesternUnion #Binance #CurrencyExchange #ExpatLife #CurrencyExchange #ArgentinePesos #Milei #Crypto #Cambio #BlueDollarRate #Wise

[@nomadicfire]

For the latest rates and additional tips on converting peso in Argentina, including 3 ways you want to avoid, check out our 2024 updated guided to Exchanging Money In Argentina
nomadicfire.com/exchanging-money-in-argentina

[@gnolan4281]

FINALLY! Current 2024 information by an informed person on the ground there. Clear, articulate and precise. i wish more bloggers were as paractical and to the point as you.

[@nomadicfire]

👍🏽Glad it was helpful!

[@morgenkaffe]

Very nice channel, and cool website with a lot of good information.

[@nomadicfire]

Thanks. I'm glad you found the information useful.

[@nancymiller7984]

You should have more subscribers. Your content is spot on! I'm moving to Argentina in 128 days and this was so helpful.

[@nomadicfire]

Awesome! We appreciate the kind words. The city is amazing. Enjoy it.

[@Gabriel-ThembaOkoye-C]

have you lived in paraguay...can you do a video , on the blue dollar in paraguay and brazil....you are doing well with your video....greetings from cabo verde

[@nomadicfire]

Hola Gabriel, I haven't lived in Paraguay yet, so I don't have anything feedback.
I did live in Rio de Janeiro, Brazil for two years.
For Brazil, there isn't a "blue dollar" rate, as the BRL (real) trades freely. You don't have to jump through hoops to exchange money.
What things intrigue you about Paraguay?

[@kunalmehta9495]

thank you for information😇

[@nomadicfire]

Welcome 😊

[@richardslater677]

May 24. I was there 6 weeks ago. Don’t waste your time. Go in a sweet shop and get 1000 to the USD. Why use up valuable holiday time chasing a few more pesos. (The clean bill,thing is true. The banks won’t take bills in poor condition).

[@nomadicfire]

Yup. Exchange rates are fluid. Some days Western Union and blue dollar rates are the same and other times there is a 5% difference or more. If you are only there for 6 days or 6 weeks, 5% may not be worth it.
But, if you're there for 6 months and you spend $2000 USD per month, that could be $100 dollars more steak each month 🥩🤤
I compare updated blue dollar, Western Union, and credit card rates each day below, so you always know where to get the best rates.
nomadicfire.com/argentina#rates

[@Freedom101]

Thank you for amazing video. my question is how much you can exchange USDT to peso ? is there any limit withdrawal ?

[@nomadicfire]

It depends on the cambio... More specifically, it depends on how much cash they have on hand. A few thousand shouldn't be a problem. If you need more, give them a couples days notice. If you want, I can check my exchange in Palermo Hollywood to see what amounts they normally can handle.

[@TejanaDama]

What about using credit/debit cards?

[@nomadicfire]

Visa and Mastercard offer rates slightly lower than Blue Dollar rate. However, you will find that many smaller restaurants and stores will offer you a discount of 10% or more if you pay cash. Personally, I use my credit card at big supermarkets and for most smaller purchases for convenience, but I pay cash for big-ticket purchases for savings.
You can find additional details on credit card rates and usage in the article below:
nomadicfire.com/exchanging-money-in-argentina

[@mohammadbaloch3999]

Bro if send money from our country to buenos airs then I can get good amount pesos

[@nomadicfire]

If you follow the recommended tips on the video and avoid the crappy methods I highlight, then you'll get a good exchange rate. As of April 2024, the best rates are by using the method in the video below th-cam.com/video/eNgkz6SpuBg/w-d-xo.htmlsi=sGPUXJLW2hho0pNO

[@ArryRedknappQPR]

They told me the withdrawal limit for atm was $35 bro

[@nomadicfire]

Limits always depends on the bank. As I mentioned, some banks don't allow any withdrawals (at least on my cards). I've also heard of some only allowing 20,000 ARS, so it'll depend. I think the key takeaway is unlike in some countries where an ATM can act as your primary source of foreign currency to pay rent and other bills, ATMs in Argentina are best for small bits of pocket cash at best.

[@vladimirmihaljevic9764]

Ketens you working in favor klaus swab ?

[@nomadicfire]

Hi Vladimir, Sorry bro, I don't follow. Can you rephrase?

[@peterm13]

@@nomadicfire the swab klauster = WEF

[@nomadicfire]

@peterm You mean the World Economic Forum? If so, not sure how it relates to videos.