dougiec108b
9/12/2015 09:05 EST
My wife and I have noticed that La Rioja province has such a climate climate (warm and dry) but have been able to find out little else about it on the Internet. We'd appreciate hearing about your knowledge/impressions of the area (rental possibilities, availability of Spanish courses, cost of living), Are there any other areas we should look into?
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TomP
9/12/2015 16:37 EST
Are you going to La Rioja only because it is "warm and dry" or for other reasons as well?
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dougiec108b
9/13/2015 06:38 EST
Thanks for answering. My wife would like to take Spanish classes while there and we both have long envisioned spending some time in South America, who knows, even to spend several months of the year away from the Canadian cold and Belgian grayness (I'm Canadian, my wife Belgian). It's not important for us to be close to an expat community.
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beachesl
9/14/2015 11:03 EST
Mendoza and Salta areas both have high and dry climates, Tucuman and areas more easterly in Argentina too humid. I live in Mendoza, and am Canadian, let me know if you want any info on Mendoza area.
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beachesl
9/14/2015 11:05 EST
I should also say that the two places are very interesting and have more varied choices for activities that La Rioja, a more strictly agricultural area.
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panamajames
9/14/2015 14:37 EST
As a Canadian myself, Mendoza was the only place I would consider living full time. We loved Iguazu Falls and Buenos Aires a lot however, but Mendoza was a special place to us.........We could have been under the influence of wine much of the time, however.
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todikaios
9/14/2015 15:34 EST
Having completed my goal of visiting (or at least putting my foot into) all of the 23 provinces, I would first consider Salta - which is warm and dry (and parts are hot and arid). Cordoba is also high on my list. Mendoza is probably 3rd, but certainly worth visiting and enjoying. Be aware that there will most certainly be a devaluation of the Argentine peso after the elections in October, so keep this in mind with any immediate financial dealings.
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panamajames
9/14/2015 16:18 EST
What is the bank value and the street value of the Argentinian Peso currently, and if you have a crystal ball, any suggestions as to what it might end up being?
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todikaios
9/14/2015 18:49 EST
Bank price is about 9.35 pesos for 1 US dollar.
On Calle Florida (Florida Street) you can get at least 14.5 pesos for 1 US dollar, and even more if you are exchanging new $100 bills - up to $15.5 pesos for dollar.
A significant devaluation is being predicted by just about everyone (except Christina and Kiciliof) to occur after the October 25th elections.
The largest bill in circulation is a 100 peso note - worth about $10....which means you have to carry a lot of bills if you are buying anything expensive. All other countries have a largest bill in circulation that is worth more than $10 US...but the Argentine government is fanatic about not issuing 200 or 500 or 1000 peso notes. Perhaps after the devaluation, they will be forced to admit their 20% or greater inflation rate and issue some larger value bills. To continue issuing 2 peso notes (worth about 20 cents U.S.) is silly, but then a lot of things that happen in Argentina is silly by U.S. standards.
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TomP
9/14/2015 19:06 EST
The current "Official" peso rate for Argentina is 9.36 per 1 US Dollar. The blue or "unofficial" rate is approximately AR 15 pesos per 1 US Dollar so you can see the spread is dramatic.
The Presidente Elections are held in late October 2015and could reveal who the new presidente will be. Currently the leader and a clone of the current Presidente Christina Kirchner is Scioli. Macri is running about 10 points behind but Massa, another hopeful, and the Governor of Tigre will likely capture sufficient votes to cause a runoff.
Scioli believes in "gradualism" or staus quo and wait and see what unfolds. Maccri has said he will immediately settle up with the Vulture Fund people so that Argentina can again go global with Debt. And he might mandate a couple of devaluations of the peso.
Everyone I know in Argentina, my wife and I lived in Mendoza for five years, is taking a "wait-and-see" posture until the October elections are over.
So if you are not traveling to Argentina until after October you might have the edge of knowing who the new Presidente will be and how strong the peso is.
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panamajames
9/14/2015 19:31 EST
A similar thing is happening here in Panama city with the Venezuelan currency. The Colombian peso will hit 3000 (it did) and as high as 4000 by year's end.........and need we mention the poor Canadian dollar? WOW! However, at the end of the day, we live in dollars in Panama, we spend dollars, so dollars it us, and too bad for all those who sought refuge in the Euro or the Swiss Franc! What fun!
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TomP
9/15/2015 07:26 EST
Ah, the almighty currency "Spread". For the first time in my life I feel like I'm one of those rich Fat Cat Bankers when I take my US$10,000 to Argentina and don't opt for the official; rate of AR 9.3 to 1 US Dollar. I take the blue rate of AR 15.6 pesos to 1 US Dollar.
Think about that, which do you want AR 93,000 pesos or AR 155,500 pesos? Duh, let me think about it.
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