Travelex Online AUD to ARS Travel Money Compared

Currency Guide for Argentina (ISO Code: AR)

Traveling to Argentina offers a rich cultural experience along with a favorable exchange rate that can stretch your dollar. For a 1-week mid-range stay, a budget of around ARS 100,000 (approximately USD 350) should suffice. This amount would cover comfortable accommodations, food, transport, and some leisure activities. Here's a quick breakdown of typical daily expenses:

• 🍽️ Meal at a local restaurant: ARS 3,000 - ARS 6,000

• ☕ Coffee: ARS 500

• 🚍 Public transport fare: ARS 200

• 📱 Prepaid SIM card: ARS 3,000

• 🏨 Budget hotel or Airbnb: ARS 10,000 - ARS 15,000

Overall, Argentina can be considered relatively cheap to visit compared to the United States, where daily expenses are often significantly higher. While a meal in the U.S. can easily cost around USD 20-25, a similar dining experience in Argentina can be considerably less. When compared to the UK, where living costs are also higher, many travelers find Argentina a delightful and budget-friendly destination.

For Expats in Argentina

For expats living in Argentina, it’s important to plan your finances effectively. Monthly living costs tend to range from ARS 120,000 to ARS 200,000, depending on lifestyle choices and location, particularly if you’re based in major cities like Buenos Aires. A typical budget might include rent, utilities, transportation, groceries, and leisure activities.

Banking in Argentina can have its quirks; it’s advisable to have a local bank account for ease of transactions and a credit card that works internationally. While local exchanges can offer competitive rates, online money transfer services like Wise or OFX are often more favorable for larger sums of money, as they tend to provide better rates and lower fees. Using a local ATM may also provide a good exchange rate, though be mindful of withdrawal fees. In summary, be strategic in your approach to money matters as you settle into this vibrant country, balancing between local exchanges and online services for optimal efficiency in transactions.