Right now 1 USD = 10.10 Ar Pesos.
Here are some references:
1 Bus ticket from 1.50 to 3 Pesos.
1 Bic Mac about 45 pesos.
1 Coca Cola 8 or 9 pesos.
1 Dinner in a medium to fancy restaurant 150 pesos (200+ if you drink wine).
If any hacker is in town, let me know.
Bitcoins are free?
You can imagine how lucrative that is. It's basically a money printer. Buy at Bs.6.30, sell at Bs.50 then repeat...
But the government tries to blame the inflation and corruption on some venezuelan tourist that takes their $2500 yearly allowance and finds a way to convert that to cash.
If you did BTC -> USD -> Pesos -> BTC and so on, you'd have to get a good price for Pesos -> BTC, and that would hugely surprise me.
But yeah, I'd be totally willing to go on a vacation to Argentina if there's a good way to make money.
The 6:1 exchange rate really only applies when you're a tourist going to pesos from dollars through a bank. You could also go to pesos from dollars at 10:1 on the black market. However, going the other way is really difficult -- to exchange at a lowly 6:1, you will need to have a receipt indicating that you purchased at 6:1 and to fill out some paperwork... and even then, there are no guarantees. With bitcoin, you'd run into the same problem since nobody will sell bitcoin at the implied government exchange rate.
For this to actually work as a money loop, you'd need to find someone willing to sell dollars at 6:1, which is unlikely since they would be losing money.