We are tgravelling to Argentina and Chile in March. The Argentine Govt have recentky changed their policy to allow non-Argentine registered credt; debit and Pre-paid cards to enjoy an exchange rate similar to the ‘blue market/cash rate’.
Does Monzo qualify for this, so we can use our card when oput and about?
Confirmed Monzo works at the higher MEP rate (blue dollar) with a refund process. It actually turned out to be a bit higher!
22/2/2023 Paid 1990 ARS at 8.60 GBP (231 ARS per GBP)
25/2/2023 Refunded 3.6 GBP, resulting in final rate of 398 ARS per GBP.
For comparison, I exchanged dollars in person here (Patagonia) at a rate of 345 ARS per USD (also offered 360 ARS per USD). Which would mean ~300 ARS per GBP.