Argentina Money and Exchange Rate

Currency

Peso (ARS; symbol AR$) = 100 centavos. Peso notes are in denominations of AR$100, 50, 20, 10, 5 and 2. Coins are in denominations of AR$5, 2 and 1, and in 50, 25, 10, 5 and 1 centavos. US Dollars are accepted in some hotels and tourist centres. Confusingly, both peso and dollar prices are often preceded by just ‘$', so check if you are uncertain.

Currency Exchange

Foreign currencies can be exchanged in banks and authorised cambios (bureaux de change), which are available in all major cities.

Credit/Debit Cards and ATMs

Most major credit cards are accepted, but not as widely as in the US or Europe, and even some large hotels do not have credit card facilities. ATMs are available in most cities but it is still best to carry alternative forms of payment as daily withdrawal limits are low and machines don't always work.

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.

Banking Hours

Mon-Fri 1000-1500.

Exchange Rate Indicators

1.00 GBP = 5.8 ARS
1.00 USD = 3.86 ARS
1.00 EUR = 5.22 ARS
Currency conversion rates as of 20 March 2010
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