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Funnily enough they are called "arbolitos" (small trees). Because they are stationary and have green leaves (dollars)
by maxilevi 5y ago
Funnily enough they are called "arbolitos" (small trees). Because they are stationary and have green leaves (dollars)
- technofiend 5y agoI can still hear them chanting "Cambio, cambio, cambio" and it's been a few years. ATMs give hardly anything and charge a large fee per transaction as well, so it's no surprise people go to arbolitos.
- bradstewart 5y agoYou'd also get a better exchange rate from the arbolitos vs the ATMs. If I remember correctly, it was referred to as the "black rate". If you paid a vendor in USD directly, you got the "blue rate". Both of which were much better rates than the ATM.
- maxilevi 5y agoIn reality most people don't use "arbolitos" because their rate has a big spread. Instead people who need to exchange regularly go to "cuevas" (caves) which are just hidden and illegal currency exchanges that have much more volume.
- technofiend 5y agoOh, really? TIL. I will have to ask about next time I'm there! Thank you.
- deleted 5y ago[deleted]