Will Celebrity buy back Argentine Pesos?

Researching our upcoming cruise, I've discovered the issues around the Argentine Peso: inflation, the existence of "blue rate" and importantly - the difficulty converting any leftover pesos back home.

I know the exchange rate wouldn't be spectacular, but I would assume that the ship would buy them back - to replenish their inventory for the next cruise. Does anyone have first-hand experience?

No cruise line will buy local currencies. And doesn't sell them either.

No they won't buy them back.

We have visited Argentina many times and we use credit cards and USA dollars.

Keith

No they won't buy them back.

 

We have visited Argentina many times and we use credit cards and USA dollars.

 

Keith

Agree that the cruise line will not buy Pesos.

However, you can save a lot by paying in dollars (cash) or acquiring some Blue market Pesos.

No cruise line will buy local currencies. And doesn't sell them either.

Not quite true. I've converted currencies on Cunard and, I think, Crystal.

The ship will not buy Arg pesos nor will any currency dealer (unless perhaps at an absurd rate). The best way to use pesos is to use them to pay for all goods available in duty free shops in the EZE airport. The duty free shop prices are expressed in USD, but you can pay in pesos.

In fact, you may want to load up on some blue market pesos to buy stuff in the EZE duty free shops. You can get great bargains. For example, a bottle of single malt scotch that might retail for $80 will probably sell for about $60 in duty free. If you pay in pesos, the price is calculated by multiplying 60 by the official rate of exchange (8.5) = 510 pesos. However to obtain 510 pesos on the blue market one only need sell about 40 USD (40 x 12.5 = 500). That´s a handsome savings. For current exchange rates see http://www.ambito.com

In fact, you may want to load up on some blue market pesos to buy stuff in the EZE duty free shops. You can get great bargains. For example, a bottle of single malt scotch that might retail for $80 will probably sell for about $60 in duty free. If you pay in pesos, the price is calculated by multiplying 60 by the official rate of exchange (8.5) = 510 pesos. However to obtain 510 pesos on the blue market one only need sell about 40 USD (40 x 12.5 = 500). That´s a handsome savings. For current exchange rates see http://www.ambito.com

Clever idea for any unspent pesos (we'll have blue-ish pesos from xoom)!

The EZE Duty Free shop has a website. One can review the inventory and prices (in US dollars) and reserve a purchase.