I’ve been holding off on doing one of these price comparison posts between Argentine pesos and USD because, quite frankly, the Argentine peso has gone from being extremely low in value to almost non-existent outside of Argentina. Now, if you have US dollars, these prices won’t make you bat an eyelash. In fact, in many cases, the cost of these supermarket items might even be cheaper than in the States. But if you’re living in Argentina with only Argentine pesos as your source of income, the price increases over the past few months have probably made your heart skip a beat.
So, without further ado, here are the prices from years past versus today, showing just how drastically the Argentine economy has deteriorated over time.
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| The price in 2013 in Argentine Pesos |
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| The price in 2024 in Argentine pesos. Keep in mind that the 2024 version has 50 grams extra. The price in USD is about $4.02. |
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| The price in 2013 |
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| The price in 2024 in USD is about $1.26. |
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| The Price in 2013 for a 230 gram box |
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| The price in 2024 for a 330 gram bag in USD is $2.63. |
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| The price for this one is from 2016 |
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| The price in 2024 in USD is $1.26. |
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| The Price of Diet Pepsi in 2013 |
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| The price in 2024 for regular Pepsi in USD is $2.63. |
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| The price in 2013 |
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| The price in 2024 in USD is $4.48. |
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| The price in 2013 |
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| The price in 2024 in USD is $1.25. |
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| The price in 2013 |
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| The price in 2024 in USD is $3.50. |
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| The price in 2013 from the brand Lacteo |
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| The price in 2024 from the brand: Manfrey in USD is $1.21. |
As you can see, the price changes have been significant since we first arrived. Despite four changes in government, the Argentine economy seems to be going from bad to worse.
The official USD value of one Argentine peso is 0.0011 as of this post. Back on December 31st, 2012, the cost of one US dollar was 4.90 Argentine pesos. As of August 2024, the cost of one US dollar is 950.25 Argentine pesos.
Whether the economy here will ever see better days remains to be seen. But for now, some Argentines and expats alike are relying on remote work to earn USD in order to keep their heads above water.
Now, I’m not saying that Argentina is nearing its end. On the contrary, if there’s one thing I’ve learned during my time in this South American country, it’s that they know how to survive even in the darkest times. But it would be nice to see a silver lining in their economy, for everyone’s sake.
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