Dollar: what was the price like in the first days of 2025

On Friday, January 3, the quotes of dollar in Argentina they showed significant differences between the official dollar and the blue dollar. The official dollar, which can be purchased in banks and exchange houses, was quoted at $1,012.50 for purchase and $1,052.50 for sale at Banco Nación Argentina (Banco de la Nación).

On the other hand, the dollar blue, which is sold in the parallel market and is not regulated by the government, had a price of $1,195 for purchase and $1,215 for sale in the City of Buenos Aires. The exchange gap between the official dollar and the blue dollar was approximately 17.67%, reflecting the substantial difference in the prices of both currencies.

Dollar: what was the price like in the first days of 2025

This gap is a manifestation of the high demand for dollars in the informal market and the scarcity of the currency in the official market. The blue dollar has shown a significant increase in 2024, closing the year with an increase of $205 compared to the value with which it began.

Compared to the previous year, the blue dollar accumulated an increase of 20% in 20243. This upward trend has continued in 2025, with an increase of 13% in January. The Central Bank of the Argentine Republic (BCRA) has been active in the exchange market, buying dollars to try to stabilize the currency and increase international reserves.

Dollar: what was the price like in the first days of 2025

Since December 2024, the BCRA has accumulated purchases for a total of US$22,395 million, which has contributed to an improvement in international reserves, which now stand at US$31,705 million. In addition to the blue dollar and the official dollar, there are other exchange options in Argentina, such as the MEP dollar (Electronic Payment Market), the counted dollar with settlement (CCL) and the crypto dollar.

The MEP dollar was quoted at $1,162.12 for purchase and $1,163.90 for sale, while the CCL dollar was traded at $1,173.64 for purchase and $1,174.40 for sale. The crypto dollar, which is traded through cryptocurrency platforms, was quoted at $1,208.44.

Dollar: what was the price like in the first days of 2025

Market

The difference between the dollar blue and the official dollar has generated a complex and challenging exchange market for Argentine citizens and companies. High inflation and the constant devaluation of the local currency have led many to look for alternatives to protect their assets and carry out international transactions.

In the first days of 2025, dollar quotes in Argentina reflected a marked difference between the official dollar and the blue dollar, with a significant exchange gap. The activity of the BCRA in the exchange market and the high demand for dollars in the informal market have been key factors in the evolution of prices.

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