Dollar: how much it trades at on the last Monday of the year

On Friday, December 27, the price of dollar blue and the official dollar in Argentina showed significant differences, reflecting the continued tension in the country’s exchange market. The blue dollar, which is traded in the informal market, was quoted at $1,190 for purchase and $1,210 for sale.

This value represents an increase of 8% compared to December of the previous year and an increase of 21% compared to the full year. The difference between the blue dollar and the dollar official is approximately 174.900%, highlighting the large exchange gap that exists in the country.

Dollar: how much it trades at on the last Monday of the year

On the other hand, the dollar official, which is acquired in banks and authorized exchange houses, was quoted at $1,000.90 for purchase and $1,057.97 for sale. This quote is determined by the average made by the Central Bank between the different financial entities.

Throughout the year, the official dollar has risen 21.65% compared to the first days of 2024. The exchange gap between the blue dollar and the official dollar is approximately 14.84%, which indicates a substantial difference in the prices of both currencies.

Dollar: how much it trades at on the last Monday of the year

Fountain: Dollar Today.

This gap reflects the lack of confidence in the official market and the preference of economic agents for the parallel market. In addition to the blue dollar and the official dollar, other alternatives such as the MEP dollar and the CCL dollar are also quoted.

He dollar MEP, which can be purchased through financial platforms and homebanking, was listed at $1,169.25 for sale. The CCL dollar, which is traded with liquidation, was quoted at $1,183.15 for sale. Several factors influence the price of the dollar in Argentina, including the monetary policy of the Central Bank, inflation, market confidence and the government’s economic policies.

Dollar: how much it trades at on the last Monday of the year

The elimination of the PAIS tax and the flexibility of the exchange rate have been recent measures that have impacted the exchange market. Future prospects for the price of dollar in Argentina depend on several factors, including political stability, the government’s ability to control inflation and investor confidence.

The economic policy of the new government and the measures implemented in 2025 will play a crucial role in the evolution of the exchange market. The quote of dollar blue and the official dollar on December 27, 2024 reflected the tensions and challenges facing the Argentine exchange market.

Source link