We give you an overview of the best locations where to exchange your money in Buenos Aires. Find here a daily update per exchange office. Save money by changing your Dolar, Euro or other currency to Argentinian peso (ARS).
In our article “Where to change money (Euro and Dollar) in Buenos Aires” we gave you some interesting tips to change your money in Buenos Aires.
Current exchange rate in Buenos Aires
1 USD: 89.83 ARS / €1=108.45 ARS
|Banco Nacion||85,50 ARS||105,25 ARS|
|Maxinta||no data||no data|
|Florida Street (Black market)||142,00 ARS||174,00 ARS|
|Montevideo Cambio||86,00 ARS||90,00 ARS|
|Cambio Paris||no data||no data|
|Cambio Alpe||no data||no data|
|XOOM||131.52 ARS||160.94 ARS|
|Western Union||143.69 ARS||173.44 ARS|
Add with Western Union and XOOM a transfer fee.
Update March 1st, 2021. At this moment there are currency controls in Argentina. This means that the black exchange market is back and often gives the best exchange rates. Above that, the Argentinian government introduced more restrictions. We expect a higher black market rate in the upcoming months.
Calle Florida. What is that and where?
Street “Calle Florida” is full of black market handlers. Located near Plaza de Mayo and the Obelisco. Calle Florida is not the most attractive place to be. Crowded and a narrow street. However, at this moment it is the best place to change your money.
When walking you will hear people saying “cambio, cambio”. Ask for their current exchange rate. Don’t agree directly and step to another one to compare. This is how you will get the best exchange rate.
When you agree with an exchange rate, ask for the note and they will guide you to a small office somewhere in a building or do a person in the same street.
Tip: you will get a better rate if you have banknotes of USD 100 or €100.
Be aware that you will need to double-check on fake banknotes. All on your own risk.
At the airport
Hold on! Arriving at Aeropuerto Internacional Ministro Pistarini Ezeiza (EZE) or better know at Buenos Aires International airport?
At this moment, there are better rates available at exchange houses (Casas de Cambio) or Calle Florida. Because of the currency controls. Look at the table above.
Before Banco Nacion gave better rates than the exchange bureaus in Buenos Aires. However, Banco Nacion still gives you a good rate and you’re sure that the banknotes are valid. In street “Calle Florida” you need to look out for that.
Exchange bureaus (Casa de Cambio)
There are enough exchange bureaus to find in Buenos Aires. Finding the right one with the best rate is another case. Avoid touristic areas such as Caminito and Recoleta. Below some exchange bureaus. Check the rate daily above.
Cambio Maguitur: Sarmiento 46, Buenos Aires (close to Plaza de Mayo).
Montevideo cambio: Florida 580, Buenos Aires (San Telmo)
Casa de Cambio Baires: Pierina Dealessi 578, Buenos Aires (Puerto Madero)
Cambio Alpe: Sarmiento 480, Buenos Aires (close to Plaza de Mayo)
Cambio Maxinta: 25 de Mayo 386, Buenos Aires (close to Plaza de Mayo)
Paris Cambio: Sarmiento 399, Buenos Aires
We suggest going to the Coto supermarket and buy something small if you’re in the need of some money. In return, you will get pesos in exchange. Check the rate at the cashier and compare it with the actual rate of that moment. Mostly the exchange rate of the Coto supermarket is above the actual rate.
Do you have a friend with the Argentinian nationality and with a national bank account in Buenos Aires? Ask him/her to go to the bank of their account. The exchange rate in national banks is often higher than the exchange bureaus. The rate of Banco la Nation is the highest on the market, but sometimes a waiting line occurs.
Don’t use an ATM
As in our previous article, we suggest you don’t use ATM’s in Buenos Aires. The bank will apply a high fee. Mostly around USD 10 for every ATM withdrawal.