I give you an overview of the best locations where to exchange your money in Buenos Aires. A local tip to change your Dollar, Euro, or other currency to Argentinian peso (ARS). In many cases, you get almost 10% more pesos for the same amount of money. That will increase your travel budget in Argentina

In the article “Where to change money (Euro and Dollar) in Buenos Aires” I gave you some extra do and don’ts to change your money in Buenos Aires. If you want to exchange in Calle Florida, be sure to continue reading.

Read also: How get from Ezeiza (EZE) airport to Buenos Aires city

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Current exchange rate in Buenos Aires

 

Actual rate: 1 USD = 1 EURO =
National Bank of Argentina 1340,00 ARS 1550,00 ARS
VISA/Mastercard 1315,00 ARS 1548,00 ARS
Wise 1366,00 ARS 1609,00 ARS
Revolut 1360,00 ARS 1600,00 ARS
Dollar Blue 1390,00 ARS 1645,00 ARS
Exchange offices 1340,00 ARS 1635,00 ARS
XOOM ** 1326,00 ARS 1584,00 ARS
Western Union ** 1448,00 ARS 1708,00 ARS

* Add bank fee, etc
** Add with Western Union and XOOM a transfer fee. Rate probably lower.

 

Current situation and what is the preferred way to exchange?

The situation in Argentina changes constantly. Above you can see the “Official exchange rate” from the National Bank of Argentina, which you can use as a reference.

At the moment, the “Dollar Blue” or unofficial exchange rate can give you a slight profit. Keep in mind, though, that the rate can vary depending on who you negotiate with.

Using your credit card is now also a bit more favorable. It’s not a huge difference, but it’s nice to know you’re paying a rate better than the official one.

Exchanging money via Western Union remains the best option when converting cash in Buenos Aires.

One important thing to know: there’s still a limit when changing Argentine pesos back into foreign currency like USD or EUR. You can only exchange the equivalent of 100 USD per person per month in cash.

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Calle Florida in Buenos Aires. What is that and where?

Street “Calle Florida” is full of black market handlers. Located near Plaza de Mayo and the Obelisco. Calle Florida is not the most attractive place to be. Crowded and narrow street. However, at this moment it is the best place to change your money.

When walking you will hear people saying “cambio, cambio”. Ask for their current exchange rate. Don’t agree directly and step to another one to compare. This is how you will get the best exchange rate.

When you agree with an exchange rate, ask for the note and they will guide you to a small office somewhere in a building or to a person in the same street.

Tip: you will get a better rate if you have banknotes of USD 100 or €100.
Be aware that you will need to double-check on fake banknotes. All at your own risk.

Read also: Calle Florida, everything you need to know

Calle Florida street Buenos Aires black market

Calle Florida in Buenos Aires

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Exchange money at the airport in Buenos Aires

Hold on! Arriving at Aeropuerto Internacional Ministro Pistarini Ezeiza (EZE) or better known as Buenos Aires International Airport?

Banco Nacion will give you an ok rate and nowadays better than the exchange bureaus in Buenos Aires. You can choose to exchange your money there because it feels safer. In the street “Calle Florida” it’s a little bit more adventurous.

Entrance to Banco Nación in Ezeiza airport

Entrance to Banco Nación in Ezeiza airport (2022)

Sur Finanzas Ezeiza International Airport Buenos Aires

Sur Finanzas office at Ezeiza International Airport

Exchange bureaus (Casa de Cambio)

There are enough exchange bureaus to find in Buenos Aires. Finding the right one with the best rate is another case. Avoid touristic areas such as Caminito and Recoleta. Below are some exchange bureaus. Check the rate daily above.

Cambio Maguitur:  Sarmiento 46, Buenos Aires (close to Plaza de Mayo).
Montevideo cambio: Florida 580, Buenos Aires (San Telmo)
Casa de Cambio Baires: Pierina Dealessi 578, Buenos Aires (Puerto Madero)
Cambio Alpe: Sarmiento 480, Buenos Aires (close to Plaza de Mayo)
Cambio Maxinta: 25 de Mayo 386, Buenos Aires (close to Plaza de Mayo)
Paris Cambio: Sarmiento 399, Buenos Aires

Western Union office in Buenos Aires street Montevideo

HQ Western Union office in Buenos Aires (2023)

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Supermarket

I can suggest going to the Coto supermarket and buying something small if you’re in need of some money. In return, you will get pesos in exchange. Check the rate at the cashier and compare it with the actual rate of that moment. Mostly the exchange rate of the Coto supermarket is above the actual rate.

Argentinian friend

Do you have a friend of Argentinian nationality and with a national bank account in Buenos Aires? Ask him/her to go to the bank of their account. The exchange rate in national banks is often higher than the exchange bureaus. The rate of Banco la Nation is the highest on the market, but sometimes a waiting line occurs.