Current trading value of the dollar on Thursday, June 19: dollar's worth today, dollar's worth shades of blue today
Let's break down the dollar rates in Argentina for today. Here's what you need to know:
Official Dollar
- Purchase: $1136.23
- Sale: $1180.19
Blue Dollar (parallel market)
- Purchase: $1170.00
- Sale: $1190.00
Card Dollar (for foreign purchases or services)
- Sale: $1534.25
Tourist Dollar
- Sale: $1534.25
MEP Dollar (stock market dollar)
- Sale: $1174.75
Wholesale Dollar
- Sale: $1162.00
Euro
- Purchase: $1294.00
- Sale: $1369.00
How to buy dollars through Home Banking
- Enter your bank's Home Banking and ensure you have the necessary funds for the operation.
- Under the options menu, look for the one associated with Purchase/Sale of dollars.
- Indicate the amount you wish to buy in pesos, and the system will show you how many dollars you will acquire according to the daily quote.
- Review the data, accept the terms and conditions, and click on "Confirm."
Remember, the official dollar quote, controlled by the Central Bank (BCRA), closes on business days at 15:00, while the blue dollar, belonging to the illegal market, has no official opening and closing times. However, this parallel quotation usually ends the currency round between 15:00 and 16:00.
Worried about inflation and its impact on your monthly income? Recently, the Institute of Statistics and Census of the City of Buenos Aires (Idecba) revealed that inflation in CABA reached 2% in May. In this scenario, a typical family needed $1,868,181.91 monthly to enter the middle-income bracket.
Interested in learning more about the history and evolution of the Argentine peso? The peso has gone through numerous changes since its introduction in 1826, with the U.S. dollar playing a pivotal role during the convertibility regime of the 1990s. Unfortunately, the fixed peg led to economic issues like loss of industrial competitiveness, massive capital flight, rising public debt, and eventually the 2001 economic crisis. Since then, the dollar has continued to play a substantial informal role in Argentina's economy and is a topic of interest in current political and economic discussions.
- To manage your personal finance effectively, keep a close watch on the investment opportunities in the finance sector, as the Exchange Rates indicate a potential for wealth-management through buying dollars in Argentina.
- In the world of business, it's crucial to stay informed about the news surrounding the official dollar rates and the blue dollar rates, as their fluctuations can significantly impact a company's profitability in Argentina.
- When seeking professional advice on wealth-management, consider consulting a financial advisor for guidance on investing in stocks, such as the MEP Dollar, which can potentially yield returns while providing a hedge against inflation.
