in full Winter Break, the exchange difference with Argentina promoted travel by families in the country, who will seek to take advantage of this gap when traveling. Taking into account the different types of dollar from the neighboring country, Which one is the best for people traveling from Uruguay?
After the advancement of the winter break arranged by the authorities, families traveling to Argentina must analyze the exchange rate unfolding. In the neighboring country, the Dolar blue operates with a significant 90.1% gap with respect to the official, although it is at its lowest level in more than two months. However, it is a attractive option for Uruguayans who wish to change their pesos in the parallel market.
In a second option, those who travel can choose to pay with international credit cards, that use the price of the MEP dollar, whose gap with the official is at the lowest values in almost three months.
A third possibility for tourists is to Uruguayan fintech Prex, that operates in the neighboring country and offers a own quote, but closely follows the blue dollar.
Dolar blue
If the value blue is analyzed, in the informal market of the neighboring country, it operated today in decline and closed at 488 Argentine pesos for purchase, while for sale it was quoted at 493 Argentine pesos, close to its all-time high, which was 497 Argentine pesos.
When making the account, Uruguayan tourists who come to this segment will receive some 48,800 Argentine pesos (depending on the money changer they go to) for every 100 dollars, against the 26,206 Argentine pesos that you would acquire if you go to the formal market, where the value is 262.02 Argentine pesos for purchase.
MEP dollar
With respect to MEP dollar, quoted today at 480.82 Argentine pesos, with which travelers who pay by card will use that exchange rate, somewhat lower than the blue type, but without the risk of entering a “cave” or risking possible scams.
This modality allows the card converts the expense to the set rate. Thus, Uruguayan tourists pay the cards in dollars and the cardholders sell those dollars in Argentina through the financial market and finally pay the shops or services in pesos.
Dollar Prex
Finally, the Prex prepaid card offers a quote today 475 Argentine pesos per dollar for Uruguayans who have or decide to open an account Prex Argentina. Through this procedure, they will also receive a debit card mastercard that they can use in the neighboring country.
Source: Ambito
