If you did follow the news you already know that Argentina is going “back again” through stormy weather. Nothing new because and as a tourist, you are here to enjoy the beauty of the country. But your trip to Argentina just became twenty percent cheaper. How? We explain to you.
Argentina became cheaper for me?
At this moment the political climate is pretty sensitive. The international economy is reacting to the recent result of the president’s primary elections.
On Monday, August 12, the Argentinian peso (ARS) lost twenty-five percent of its value against the dollar and euro. This means that you will receive twenty-five percent more for one US dollar. But the prices for food or restaurant visit are staying the same at this moment. That makes your stay in Argentina cheaper.
Some extra information
Your accommodation/hotel in Buenos Aires or Argentina will probably remain unchanged because when you made the booking, you did it in US dollar or Euro. So, the hotel will charge and let you pay in a foreign currency. If you made the booking in Argentinian peso you will see the difference.
As we mentioned in our article “Where to change money in Buenos Aires“, we suggest exchanging your US dollars, Euros, British Pounds or another currency bit by bit. Because the rate can suddenly go up (meaning the lower value of ARS) and you have more Argentinian peso for the same dollar.
And there you make the difference. Because the price for a dinner stays the same, but you have more Argentinian peso for one dollar. So, try to pay for everything at the local currency but not directly converted from the US dollar or euro.