Quote:
Originally Posted by stevedo
We're currently in Argentina. Been in Esquel since 9th March 2020 having been caught out by Covid. I use Western Union to send money to myself and collect it at one of the local kiosks.
Official rate is about 114 pesos for my British pound.
Western Union rate is 192 pesos for my British pound.
I think the reason that the WU rate is so good is that inflation here is about 50% per annum. So if you have 100 pesos it will effectively be worth about 50 pesos in 12 months time. Of course, my British pound will still probably be worth more or less 1 GBP. So they are playing a slightly longer game in order to be quids in a little further down the line.
For us it has meant that our time here in lockdown Argentina has been pretty cheap. An added bonus is that the Argentinian wine is great and also very cheap.
Happy new year all
Steve
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Was stuck in Esquel for about a month waiting on parts in 2014 or so. Stayed in the camp site, and paid part of our fee by giving the camp site owner 2 bicycles we had with us. Seem to recall a great icecream shop in town, and and a steam engined train that was pretty cool.
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