Stories and News of Expat Life in Buenos Aires, Argentina
With all the currency restrictions imposed by the Argentine government, another one now comes into play – as of October 9, 2012, Argentine residents will not be permitted to use PayPal to transfer money between themselves. They will be restricted to using PayPal for international payments only. Here’s a copy of the revised terms: Amendment … Read more
UPDATE (12/17/15): This information is no longer accurate as the government has eliminated the blue rate. I know, I know… We’ve had a lot of posts about using Xoom to transfer money to Argentina (and here), but today they’re offering a rate of ARS $6.0213 to USD $1 which we had to write about. This is … Read more
A few weeks ago I wrote about using Xoom to transfer money from the United States to Argentina (from the UK, use Azimo) and I thought now would be a good chance to follow up on my experiences and the experiences of a few others. First of all, the rate has skyrocketed to 5.5357 dollars to 1 peso … Read more
UPDATE (12/17/15): The government has allowed the peso to float and everyone can now buy dollars. This has devalued the peso and caused the blue dollar rate to shrink to only about a 5% difference from the official rate. At this time, exchanging on the blue rate probably does not make sense. Quick Summary: If you … Read more
UPDATE (12/4/13): There are new regulations in place that stipulate that if you have a foreign driver’s license and wish to get a full Argentina driver’s license, you need to get a certificado de legalizacion before going to get your Buenos Aires driver’s license. Without this, you will only be given a “beginner’s license” which means … Read more
Yet another reminder of why it sucks to be a gadgetphile in Argentina… This was a “great deal” on a 42″ flat screen in Argentina last week: This was a “great deal” on a 42″ flat screen in the United States last week: And to rub salt in the wound, The Atlantic Cities also points … Read more
Starting on Monday, December 12, 2011, a new $2 peso coin will begin circulation in Argentina. The current $2 peso notes will still be used as well.
Looks like the government is getting ready for more inflation though there is still no word on when $200 and $500 peso bills will be introduced.
– Las nuevas monedas de 2 pesos circularán desde el lunes [La Nacion]