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Argentine Peso - good time to travel?
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Argentine Peso - good time to travel?

Quote: (05-11-2018 10:46 AM)Hypno Wrote:  

Two years ago, a dollar bought not quite 10 pesos.

A year ago a dollar bought 15 pesos.

Today a dollar buys more than 22 pesos.

Anyone on the ground in Argentina? Is this a good time to travel?

It's actually 23.2 pesos: 1 dollar. Just look at numbeo to get an idea, however apartments will cost a lot more in Buenos Aires, for instance, because there's a big premium to be near the best nightlife and restaurants in Palermo/Recoleta and to rent short term rather than the standard two year lease (requiring local guarantor who owns property). Ultimately you don't enjoy much, if any, gains in buying power because local peso prices have increased significantly in the last year as well.
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