It is the fall of 2014 in Argentina, and I need some cash. I have read enough about Argentina’s political situation to hear that going to an ATM machine here is a bad idea. As strange as it sounds, word is that I can get around twice as many pesos per dollar on the street versus a bank. And the strangest thing is it actually turns out to be true. From the hawkers yelling out “Dolares!! Dolares!!!” on Calle Florida to the exchanges hidden behind scary unmarked doors surrounded by burly guards to the random Western Union stores with unadvertised dollar exchange desks, it seems to be an open secret that the official government exchange rate is something that only a fool would follow. Welcome to Argentina. Don’t use the ATM machines.
