The exchange rate at starbucks is still 90:1. Why?

[Fiscal]

Why is the exchange rate at Starbucks (published next to the cash register) so low? My almond milk matcha frappucino now costs $12

 

[FrankPintor]

I assume because Starbucks assumes, or realizes, that clueless tourists will prefer to go to Starbucks rather than the better Martines, Bonafide, and other speciality coffee roasters, and they can make #lotsamoney fleecing said tourists. Possibly a better question is why would you allow yourself to be fleeced?

Though I don't know if Martinez, Bonafide and the others offer the concoction you want. If that's the case, Starbucks have a monopoly on you and can charge whatever they like.

 

[sts7049]

their sign is probably outdated

are you paying with foreign cards? if not, it doesn't matter.

if so, why on earth would you do that?

 

[Fiscal]

their sign is probably outdated

are you paying with foreign cards? if not, it doesn't matter.

if so, why on earth would you do that?

I don´t like carrying cash

 

[lunar]

Why is the exchange rate at Starbucks (published next to the cash register) so low? My almond milk matcha frappucino now costs $12

Currency exchange is a regulated activity. Most likely it is a licensing requirement to honor the official exchange rate.

 

[sts7049]

I don´t like carrying cash

well, Starbucks won't give you the blue rate so enjoy the 12 dollar coffee I guess

or you can open one of those new tourist bank accounts maybe

 

[Aztangogirl]

I will buy my coffee at local shops. Cash. I will not be giving Starbucks my money. Their coffee sucks.

 

[Ronnie Hotdogs]

I was in Nike the other day and was surprised to see the USD to peso exchange rate was the blue one.
In any case you deserve to pay $12 for drinking that.

 

[lost]

How long have you been in Argentina???

 

[Stantucker]

Why is the exchange rate at Starbucks (published next to the cash register) so low? My almond milk matcha frappucino now costs $12

Even if the exchange rate were 200 to the dollar that would still be over 5 dollars. That's a lot for any coffee drink in Argentina.