Yes. I did some unskilled but hard labor in the black for around $5 usd/hr in 2015. The cost of things at the blue were probably equaivalent as if you used the official now.Paris... during the 90s when the peso was 1:1.
Last time it was “more” expensive was between 2015-2018/19 when there was no real difference between the blue and official - a $20 meal was a $20 meal. You could just use your foreign credit or debit card as if it were a local one and the only thing to worry about was the fees charged by your home bank. Obviously on the whole it was still cheaper than major cities in the US or EU but there were many things that were much more expensive than in Europe (eg food, clothes and consumer items etc)
If memory serves me right, there was also a strange few months around 2013-2014ish when suddenly a cup of coffee in BA was more expensive than in London.
The peso ain't coming back.... Are you kidding? As stated above they'll just scrap it and create a new currency like they've done several times before.So it appears that it was on par with the average "smaller big city" in the US or Europe. Any indication that the value of the peso will return? If it did, a lot of people would all of a sudden have good money in the bank. I feel like I should keep around a million pesos in the bank that I don't spend just in case the tide turns one day.