Travel to Argentina Traveling from Chile can be an exciting experience, but one of the most important aspects to consider is what currency to bring to get the best exchange rate. In a currency market as fluctuating as Argentina’s, this decision can significantly affect the cost of your trip.
Since mid-2022, the Argentine government has implemented a measure in the currency which allows foreign tourists to liquidate their dollars in the formal market, obtaining an exchange rate similar to that of the parallel market. This measure seeks to attract more tourists and offer them a better exchange rate, close to that of the blue dollar.
Nowadays, tourists can sell their currency foreign currency in authorized entities such as banks and exchange houses, accessing an exchange rate equivalent to that of the MEP (Electronic Payment Market) dollar. This rate is currently around $1,302 Argentine pesos per dollar, significantly higher than the official dollar, which is at $901 Argentine pesos.
Tourists in Argentina They can exchange up to 5,000 dollars per month, presenting their passport or the documentation with which they entered the country. This makes carrying dollars a convenient option, as it allows access to a more favorable exchange rate and avoids the fluctuations of the informal market.
If you prefer to carry cash, the best option is to carry dollars. Dollars are a currency strong and allow you to get a better exchange rate in Argentina. If you already have dollars saved, you will want to bring them. If you do not have dollars, it may be useful to check currency conversions before traveling to see if the double conversion (from Chilean pesos to dollars and then to Argentine pesos) is more favorable than directly exchanging Chilean pesos to Argentine pesos.
