On Monday, January 27, 2025, the price of dollar in Argentina it shows significant differences between the official dollar and the blue dollar, reflecting the persistent exchange gap that characterizes the Argentine market.
He dollar official, which is acquired in banks and official exchange houses, was quoted at $1,029 for purchase and $1,069 for sale on January 27, 2025. This price is determined through an average made by the Central Bank between the different entities financial.
The value of dollar official remains relatively stable, with a fluctuation of less than 1% in recent days. In contrast, the blue dollar, which is traded on the black market, showed a significantly higher price.
The blue dollar was quoted at $1,205 for purchase and $1,225 for sale on January 27, 2025. This substantial difference with the official dollar reflects the high demand and scarcity of dollars in the official market, which leads to the blue dollar having a higher value.
Fountain: Dollar Today.
The exchange rate gap between dollar official and the blue dollar remains high, with a difference of approximately 17%. This gap is a manifestation of exchange restrictions and economic policies that seek to control the outflow of capital and protect the country’s international reserves.
In addition to the dollar official and the blue dollar, there are other types of dollars in the Argentine market, such as the card dollar and the savings dollar. The card dollar, which is used for international transactions with credit or debit cards, was quoted at $1,389.70 on January 27, 2025.
Taxes
This value includes a 30% surcharge for taxes on Income and/or Personal Property. He dollar savings, similar to the dollar card, also has a higher price due to this surcharge. The significant difference between the quotes of the official dollar and the blue dollar has several economic implications for Argentines.
Firstly, the high exchange rate gap can encourage the black market and tax evasion, as people seek to obtain dollars at a more competitive price. In addition, the shortage of dollars in the official market can make imports difficult and negatively affect companies that depend on foreign inputs.
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