What exchange rate to use when comparing prices?

    • Official Post

    In my experience, the blue rate. Otherwise every imported product would be not so expensive given that what you lose with the import duty, you make up for with the blue rate.

    When I recently bought the Amazon Fire Stick, I compared the price in Italy (€35) with the local price and used the blue rate. And yet, it was more slightly expensive than in Italy (the difference was about €5).

    It must be said that I later realized that maybe my device didn't follow the proper import procedure but was smuggled in, because when I connected it to my TV, I started using it right away and only when I started fiddling with VPN I realized I was using the Amazon account of a certain Guillermo. The device was new because the remote had the plastic on, and so did the stick. But the security sticker on the package was neatly cut, the device had been evidently been plugged in somewhere and configured using Guillermo's account.

    I bought it on mobile phone and small IT devices store on Santa Fe, which I found on ML with hundreds of positive reviews. Surely they can't smuggle in hundreds of products... Another Argentinian mystery!

    Doing a search for the same item on ML today, the cheapest one is being sold at $5630. Yesterday we exchanged at $130, so the stick costs now 43 USD at the blue rate, which is €36+.

    • Official Post

    The reason I ask is because I know some people here who are buying from Newegg USA, paying with their Arg credit cards in pesos and believe it or not, the goods are actually arriving.

    Here's an example:

    Silicon Power 1TB NVMe - this item would be around AR$20,000 here

    G.SKILL TridentZ RGB Series 32GB (2 x 16GB) - this item would be around AR$65,000 here

    AORUS FI27Q-P 27" Frameless Gaming Monitor - this item would be AR$156,000 here

    The Newegg total of US$1287 would be AR$98,000 at fx $76 but the equivalent total when bought here would AR$241,000.

    That's why I'm asking, because if you use your Arg card in pesos the dollar exchange is presumably going to use the official rate? Not to mention the 30% tax, which I need to ask about.

  • I find this question confusing.

    Shouldn’t the answer be... whatever rate you expect to get?

    (Unless, like many people, you go ahead and max out your arg cc in order to get the difference.

    In that case, the money you’re spending on the specific item should be assessed at the blue rate, to reflect the opportunity cost of using your card for that specific item.)

    I do airline tickets, car rental, hotels, cruises, insurance, and all-inclusive packages.

    If you want great service and low prices, look no further.
    I also sell local SIM cards for several countries.