Currency Exchange for Tourists in Argentina

(Photo by fotodiagramas)

Last week, the Government made changes to the currency market regulations allegedly to curb tax evasion and money-laundering.

In practical terms, this means that tourists should only sell their foreign currency for pesos at authorized exchange dealers and banks. And to change back their unused pesos when departing, they will have to show exchange stubs for at least the amount they are looking to change back to foreign currency. In both cases they will need to present their passports. Keep this in mind to avoid unwelcome surprises.

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