Is cash still widely used?
Yes, and strategically important. Argentina’s chronic inflation and currency controls mean that using USD cash exchanged at the informal (blue dollar) rate gives dramatically better value than paying by card. Card transactions use the official rate, which can be 40-100% less favorable than the informal rate.
ATMs and withdrawing cash
ATMs are available but have very low withdrawal limits and use the unfavorable official exchange rate. Bring USD cash from your home country for the best value.
- Withdrawal limits can be very low — sometimes just $20-30 USD equivalent per transaction
- Exchange USD at cueva (unofficial exchange) through reputable tour operators or hotels
- Always count your money carefully after any exchange
Card acceptance
Cards are technically accepted widely, but using them means paying the official rate — a significant financial disadvantage compared to cash USD.
Tips for travelers
- Bring USD cash in crisp, unfolded bills for the best exchange rates
- Research the current blue dollar rate before your trip — it changes constantly
- Tipping 10% is customary in restaurants
- Argentina’s food, wine, and tango culture are world-class despite economic complexity