Stretching Your Dollar in Argentina

Take advantage of the most favorable exchange rate in years — and use cash to save even more

By Ramsey Qubein

Argentina is a beautiful country with lots to see, taste, sip, and explore. But what it offers in wonderful tourist experiences, it lacks in economic stability. The Argentine peso has fluctuated heavily over the years (it has lost nearly 90% of its value compared to the U.S. dollar in recent years). While this can make life difficult for those earning local wages, it represents a bonanza for international tourists. The U.S. dollar can give you pampa-size savings in this fascinating South American country, depending on how you spend your money.