Understanding Currency in Argentina: A Tourist’s Guide (2025 Update)

Planning a trip to Argentina? Great, but before you get too excited about tango shows and Malbec, let’s talk money-because Argentina’s situation with its currency is not as simple as can be. Seesawing exchange rates, a lot of inflation, and heavy reliance on cash mean knowing how to handle your pesos can make or break your trip. Fresh for 2025, this guide covers the latest updates to help you stay ahead regarding currency in Argentina. 

Overview of Argentina’s Currency 

The official currency in Argentina is the Argentine Peso (ARS). Bills come in 100, 200, 500, 1,000, and 2,000 pesos, and coins range from 1 to 10 pesos. Just in 2024, there were new issues of 5,000 and 10,000 peso notes-just one of many answers to the relentless inflation. Different designs perhaps, but it is knowing what those bills are really worth on the street that’s important.

Here’s where it gets tricky. Argentina operates with two exchange rates: the official rate and the “blue” rate, the latter being a parallel, unofficial rate you’ll hear about quickly after landing. Inflation and shifting government policies keep these rates in flux.

As of 2025, the blue rate remains alive and well, offering a significantly better deal than the official rate—sometimes 50% more. Government efforts to tighten currency controls haven’t squashed it yet. To keep up with daily changes, apps like DólarHoy or sites like Ambito.com are your best friends.

Exchanging Money in Argentina

• ATMs are everywhere, but they come with high fees, low withdrawal limits, and dispense cash at the official (read: worse) rate. You might find yourself hitting the ATM more often than you’d like, paying multiple fees each time—from your home bank, the local bank, and sometimes a currency conversion fee on top. Plus, the cash you get from ATMs will be at the less favorable official exchange rate, meaning you’re losing out compared to other methods.
• Casas de Cambio, or official currency exchange houses, are legal and trustworthy, but they also stick to the official rate. You’ll find them in airports, shopping centers, and city centers, providing a direct way to exchange money without the risk of counterfeit bills. While they may be safer, you would get a less favorable rate compared to the blue market, which differs significantly over the course of your trip.
• The blue market—unofficial street exchanges—offers a better exchange rate but with adulterated currencies as well as scams and legal gray areas. One might hear people making outside – like “arbolitos”- those refer to little trees, who stand on street corners and proclaiming to exchange more money for better rates. It may be better for the value someone will get, but it’s better to be at risk of getting fake bills or falling into a scam. If you go that route, be smart and cautious- ask trusted locals for recommendations and always count your money carefully.
• Bring crisp, new USD or EUR bills—locals prefer them, and worn or torn notes might be rejected. Larger denominations like $50 and $100 bills typically get better exchange rates, but make sure they’re in perfect condition. Even the smallest tear or mark can lead to a rejection, so handle your bills with care.

Using Credit and Debit Cards

Credit and debit cards are more widely accepted, especially in Buenos Aires and tourist hotspots. But be warned: transactions on foreign cards use the official exchange rate, meaning you’re getting less bang for your buck. Plus, foreign transaction fees can add up. To minimize costs, check if your bank offers fee-free cards or rebates. Apps like MercadoPago are popular, but tourists may face setup restrictions without a local account.

Cash is King: Why You Still Need It 

Despite growing card acceptance, cash remains essential. Many taxis, street vendors, and small shops operate cash-only. Even in cities, don’t expect every business to accept cards. Tips in restaurants and traditional Argentine asado parrillas are almost always given in cash. To avoid headaches, keep a healthy stash on hand and break larger bills when you can—smaller denominations are often hard to come by.

Tips for Managing Money Safely 

• Avoid flashing large sums of cash in public. 
• Use money belts or hidden pouches in crowded areas.
• Be vigilant for counterfeit bills—look for security features like watermarks and color-shifting ink. 
• When not needed, store extra cash and your passport in your hotel safe. 
• Stay alert, and don’t let your guard down when handling money!

Argentina’s currency system is layered and constantly shifting. Stay informed about exchange rates, have money with you in cash whenever possible, and use cards for strategic purchases-another way to maximize the benefit given out of all your money. All this preparation comes in handy to make your trip smooth and worry-free once again.

Summary

Article Name

Understanding Currency in Argentina: A Tourist's Guide (2025 Update)

Description

Fresh for 2025, this guide covers the latest updates to help you stay ahead regarding currency in Argentina. 

Author

Jason Pittock

Publisher Name

Argentine Asado