Argentine currency and money matters in Buenos Aires.

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Argentine currency and money matters in Argentina.

After the economic collapse of 2001/02 Argentina devalued the peso and the country became instantly affordable. Travel was cheap. In the following years the economy stabilized, inflation reared its head and the world became hip to the Argentine bargain. Prices rose. Although Argentina has become pricier, it’s still a great value, especially if you’re traveling on the euro or the pound. If you’re on a budget you can get by on AR$60 to AR$75 per day (outside Patagonia) by sleeping in hostels or cheap hotels and eating at the cheapest nontouristy restaurants. Things get pricier when you add tours and entertainment. Outside the capital and Patagonia, midrange travelers can get by comfortably on AR$160 to AR$200 per person per day, staying in a comfy hotel and eating at decent restaurants. Buenos Aires and especially Patagonia are more expensive than the rest of Argentina. In the capital, good hotel rooms start at around AR$180 per double. In the provinces you can land a good hotel for AR$90 per double, while an extra AR$20 to AR$50 will get you something very comfortable. Except in Patagonia, a pasta dinner can be as cheap as AR$8 per person at a no-frills family joint, while a full gourmet meal at a top-end restaurant can cost around AR$90 per person. In Patagonia a cheap restaurant meal starts at around AR$18.

Credit cards: Most of the credit cards are accepted without problems in the Argentine businesses, despite it is possible to undergo some surcharge in the price or not to count on possible a discount that could have obtained if you paid in cash. The most accepted credit cards Visa, American Express, Diners Club and Mastercard. We recommended to be careful at the time of paying to with a card, and not let it out of your sight for long.

AMERICAN EXPRESS Arenales 707 4312-1661 Monday through Friday 9:00 a 17:00	MASTERCARD Perú 143 4340-5700 Monday through Friday 9:30 a 18:00
VISA Av. Corrientes 1437 4379-3400/3333 Monday through Friday 9:00 a 17:00	DINERS Av. Santa Fé 1148 0-810-444-2484

Traveller's Cheques: These can be exchanged at banks, cambios and some hotels. It is often difficult to exchange these in the smaller towns. Travellers are advised to use ATMs and credit cards, but if they do take traveller's cheques to bring them in US Dollars.

ATM's: It is possible to find automatic tellers in the main cities of the country. If you have a debit card of international use and the teller has some of the logos that appear on your card such as Visa, Cirrus or Plus, you will not have problems in extracting money. Nevertheless you must consider that the bank will receive a certain commission for providing the service. You can withdraw at weekends without problem. Anyway, try to withdraw from ATM at locations with a nearby security guard, or in daylight. It is not advisable to withdraw by night or at lonely places.

Schedule of the banks: From 10,00 to 15,00 Monday through Friday in the City of Buenos Aires, in the interior of the country it always varies according to the city but always open in the mornings

Tipping: In restaurants, it's customary to tip about 10% of the bill, but in times of economic distress Argentines frequently overlook the custom. In general, waiters are poorly paid, so if you can afford to eat out, you can afford to tip. Even a small propina (tip) will be appreciated, but note that restaurant tips can't be added to a credit card bill.

Taxes & refunds: Under limited circumstances, foreign visitors may obtain refunds of the impuesto al valor agregado (IVA; value-added tax) on purchases of Argentine products upon their departure from the country. A ‘Tax Free’ (in English) window decal identifies merchants participating in this program. Hang on to your invoice and you can obtain refunds in Buenos Aires at Ezeiza, Aeroparque Jorge Newbery and the Buquebus terminal at Darsena Norte.

Estimated price list:

Restaurants:
- Meal, Inexpensive Restaurant 5.25 US$
- Meal for 2, Mid-range Restaurant 25.50 US$
- Combo Meal at McDonalds or Similar 4.64 US$
- Domestic Beer (0.5 liter draught) 2.25 US$
- Imported Beer (0.33 liter bottle) 5.15 US$
- Coke/Pepsi (0.33 liter bottle) 1.20 US$
- Water (0.33 liter bottle) 1.12 US$

Markets:
- Milk (regular), 1 liter 0.60 US$
- Loaf of Fresh Bread 1.25 US$
- Eggs (12) 0.95 US$
- Fresh Cheese (1kg) 7.43 US$
- Water (1.5 liter bottle) 0.66 US$
- Bottle of Wine (Mid-Range) 2.86 US$
- Domestic Beer (0.5 liter bottle) 0.48 US$
- Imported Beer (0.33 liter bottle) 1.38 US$
- Pack of Cigarettes (Marlboro) 1.28 US$

Recommended Hotels in Buenos Aires

Transportation:
- One-way Ticket (local transport) 0.30 US$
- Monthly Pass 0.30 US$
- Taxi (5km within center) 7.26 US$
- Gasoline (1 liter) 0.87 US$

Utilities (Monthly):
- Basic (Electricity, Gas, Water, Garbage) 50.00 US$
- Mobile Phone 100 Minutes Call 25.00 US$
- Internet (2 Mbps ADSL flat) 25.87 US$

Rent Per Month:
- Apartment (1 bedroom) in City Centre 567.95 US$
- Apartment (1 bedroom) Outside of Centre 375.57 US$
- Apartment (2 bedrooms) in City Centre 459.00 US$
- Apartment (2 bedrooms) Outside of Centre 375.00 US$

Buy Apartment Price:
- Price per Square Meter to Buy Apartment in City Centre 2,100.00 US$
- Price per Square Meter to Buy Apartment Outside of Centre 1,110.00 US$

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