Current Dollar Value on June 19th: Cost of a single US dollar on that specific date.
Hey there! Let's talk about the current currency exchange rates in Argentina, shall we?
As we speak, the official dollar is trading at $1136.23 for purchase and $1180.19 for sale (Central Bank's average calculation among various financial entities). This rate is a bit lower than the blue dollar, which is currently ranging from $1154.30 for purchase to $1190.00 for sale. That means the exchange rate gap between both quotes is approximately 0.83 percent.
Back on April 14, 2025, exchange rate controls came to an end, paving the way for a new floating band scheme ranging from $1000 to $1400. This new system will be determined by supply and demand. Individuals can now purchase dollars without the earlier restriction of US$200, though the purchase of dollar bills at the counter still has a limit of US$100 per month, to preserve the formal economy.
The National Bank is offering the lowest rate, $1180.00, while a private entity like the Bank of Galicia shows it at $1179.50.
Since the last trading day, the official dollar has seen a 1.64 percent increase. On that day, the US currency traded at $1117.65 for purchase and $1160.98 for sale.
Over the last five trading days, the official dollar has shown a downward trend of 1.89 percent, trading at $1160.75 for purchase and $1202.73 for sale then.
Let's discuss the Euro's quotation in Argentina. By analyzing its performance throughout the year, you'll notice that the official dollar quotation has increased by 10.56 percent compared to the beginning of the year when the boards showed a $1061.83.
Moving on to the tourist dollar, despite the end of exchange rate controls, payments for products and services contracted abroad have remained the same. The tourist dollar, or card, is currently trading at $1534.25.
The MEP dollar, also known as the "stock market," is currently trading at $1167.07, showing a 1.98 percent decrease compared to the last trading day's $1190.37. The MEP dollar value is based on the quotation of the AL30 bond, a popular asset for obtaining this exchange rate.
The CCL dollar, or cash with delivery, is currently trading at $1172.16, holding a stable quote compared to the last trading day.
The Central Bank is charging $1142.00 for each dollar traded, representing a 1.74 percent decrease compared to the last trading day's rate of $1162.00.
Oh, by the way! If you're interested, feel free to check out our website for more exciting news from the National Bank, and other related updates! Stay tuned! 😉
- The banking-and-insurance sector in Argentina has also been affected by the fluctuating exchange rates, with financial institutions like the National Bank and private entities such as the Bank of Galicia offering different rates for dollar transactions.
- In the industry of finance and banking-and-insurance, the Euro's quotation in Argentina has shown a significant increase of 10.56 percent compared to the beginning of the year, which might have significant implications for businesses dealing with European currencies.
