Quick Guide to Cash in Argentina (2024)

The Basics

Credit cards now offer competitive rates (typically 5-10% below blue rate with a 0% foreign transaction fee card). However, you'll still need cash for:

• Tips (10% expected from foreigners at restaurants)
• "Efectivo" discounts (10-20% cash discount at many businesses - always ask!)
• Taxis
• Small businesses

Getting Cash: Best Options

1. Western Union Bank Transfer

Best for most travelers

• No need for physical USD
• No street dealings
• Rates comparable to blue rate
• Professional and secure

2. USD/EUR to Pesos Conversion

Options ranked by preference:

1. Local exchange recommended by hotel/Airbnb
2. Cambio Baires (reliable, near-blue rates)
3. Small Western Union branches (ask if they buy dollars)
4. Florida Street money changers (last resort)
   • Higher risk of scams and fake bills
   • Often poor rates
   • Requires following vendors to secondary locations

3. ATMs

Emergency use only

• Very low withdrawal limits
• High fees
• Poor exchange rates