Does Argentina have a blue dollar rate?

The Argentina blue dollar rate is only valid within Argentina. Any Argentine pesos exchanged outside the country (for example in Uruguay) will be subject to local opinions about the use of the Argentine peso. Check out these other Argentina Spanish Slang Word articles.

How much does a blue dollar cost?

But many tourists don’t realize that the official exchange rate only tells half of the story. A separate, informal (yet very legitimate) exchange rate known as the blue dollar exists. Using the blue dollar, at current rates, one dollar can equal approximately 480 pesos, nearly double the official rate.

What is dólar blue?

Dólar Blue is the cost of buying and selling US Dollar in a cueva, or clandestine financial house in Argentina. Best price if you are buying or selling physical US dollar with no involvement of any government-sanctioned or licensed entity

Do Argentinians prefer a $100 or $50 bill?

Keep in mind that Argentinians prefer $100 and $50 notes and that new, crisp notes are valued higher. You’ll get a lower rate for smaller bills and for worn bills. Brand new $50 or $100 bills should get the full blue dollar rate. Calle Florida in Buenos Aires is a popular place for “arbolitos” — Argentina’s blue dollar traders — to ply their trade.