Explore, connect, thrive in
the expat community

Expat Life: Local Discoveries, Global Connections

Just sent myself a payment today. 1,388 pesos to $1 USD. Great rate but looks like it will go higher. MEP hit 1,425 today and blue dollar too!
WU is trailing behind but probably will catch up. You got a bit better rate than I did but I needed the funds. I got 1344.50. I charged my Visa card today and got 1,318.

Milei and Caputo's attempt to reassure the financial markets that things will be ok isn't working. It's clear dollarization ain't happening anytime soon, taxes have increased when they were supposed to go down, PAIS tax isn't being reduced and people view the peso as being overvalued.
 
Unfortunately there is a big spread now on Blue dollar and WU rate. I don't have any more cash. I have to send some via my cueva. I sent a WU payment to myself today and only got 1,281.67 to $1 USD. Meanwhile cuevas are paying 1,450 to $1 US now. MEP is 1,310 so back to $100 USD bills being the most valuable here again.
 
Back
Top