This is the Tourist Dollar Rate of US dollar in Buenos Aires, Argentina.
This is known as the Foreign Tourist Dollar, it means payments made on foreign credit cards use the “MEP” (“Electronic Payment Market”) dollar exchange rate. In other words, if you’re paying by card, your dollars go further than before.
Currently, the “foreign tourist dollar” only works for purchases, and not cashpoint withdrawals.
Mastercard joined the program on December 2 and Visa followed suit just under two weeks later, meaning payments made in Argentina through foreign credit card from those companies are now processed at the MEP dollar rate.
Also known as : Tourist Dollar, Foreign Tourist Dollar, Dólar Turista