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

Fiscal

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

FrankPintor

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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

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their sign is probably outdated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?
 

lunar

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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.
 

Ronnie Hotdogs

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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.
 
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