Argentina

Banking and Currency

Currency

Peso (ARS; symbol AR$) = 100 centavos. Peso notes are in denominations of AR$1000, 500, 200, 100, 50, 20 and 10. Coins are in denominations of AR$10,5, 2 and 1.

US Dollars are accepted in some hotels and tourist centres. Prices in US Dollars are typically marked with US$ to avoid confusion, but sometimes both peso and dollar prices are both preceded by just $, so check if unsure.

Banking

Banking hours: Monday-Friday 10h00-15h00.

Most major credit cards are accepted, but not as widely as in the US or Europe; even some major hotels do not have credit card facilities.

ATMs are available in most cities and have options in English, but it is still best to carry alternative forms of payment as daily withdrawal limits are low and machines don't always work. During national holidays ATMs can run out so it is wise to withdraw in advance.

Foreign tourists who are not resident in Argentina can no longer pay for tourism-related services (air tickets, bus travel, hotel rooms, all-inclusive tours etc) in Pesos. These services must be paid for with foreign credit and bank cards, money transfers (in foreign currencies) from abroad, in cash with foreign money (eg US Dollars) or with cheques from foreign accounts.

It is advised to bring traveller's cheques in US Dollars; these can be exchanged at banks, bureaux de change and some hotels. However, it is often difficult to exchange these in the smaller towns.

 


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