Navigating argentina’s Diverse Dollar Market

On May 12, 2025, Argentina’s complex currency exchange market presents a variety of rates for those looking to buy or sell dollars.From the official rate to the parallel, or “blue dollar,” understanding these nuances is crucial for financial planning and transactions.

Official vs.Unofficial Rates: Understanding the Spread

the Official Dollar

The Bank of the Argentine Nation (BNA) sets the official exchange rate. As of today, May 12, the official dollar is quoted at $1110.00 for buying and $1150.00 for selling.

The Parallel Market: The “Blue Dollar”

The “Blue dollar,” operating in the informal market, reflects a different reality. It’s currently valued at $1150.00 for purchase and $1170.00 for sale. This discrepancy highlights the ongoing demand and perceived risk associated with accessing dollars outside official channels.

Alternative Dollar Exchange Rates

MEP Dollar (Dollar Bolsa)

The MEP dollar, also known as Dollar Bolsa, offers another avenue for exchange, sitting at $1141.30 for buying and $1141.90 for selling.

contado con Liquidación (CCL)

The dollar counted with liquidation (CCL), used for transferring funds abroad, is quoted at $1155.20 for purchase and $1155.70 for sale.

Solidarity Dollar (Savings or Tourist Dollar)

The Solidarity dollar, which includes taxes and fees, is the most expensive option at $1897.50. This rate applies to credit card purchases and other foreign currency transactions.

Wholesale Dollar

The Wholesale dollar rate, relevant for larger transactions, is $1116.00 for buying and $1125.00 for selling on May 12.

Crypto Dollar

The Crypto dollar, facilitated through cryptocurrencies, is priced at $1154.91 for purchase and $1161.70 for sale.

Dollar Card

The dollar card exchange rate,impacting credit card statements,stands at $1495.00. This rate is applicable for digital services, streaming platforms, and international purchases.

The euro and the Real: Other Key Currencies

Official Euro Rates

The Bank of the Argentine Nation (BNA) quotes the official euros at $1239.04 for buying and $1310.77 for selling in the formal market.

Euro Blue

The Euro blue today, traded in the informal market, is valued at $1310.75 for purchase and $1339.75 for sale. This “black market” rate typically exceeds the official rate.

Brazilian Real

The official Brazilian Real is quoted by the BNA at $203.00 for buying and $213.00 for selling.

Real Blue

The real blue hoy in the parallel market is trading at $188.75 for purchase and $206.75 for sale.

Economic Indicators: Country Risk

The country risk, an indicator compiled by JP Morgan, reflects the spread between Argentine bonds and U.S. Treasury bonds. On this Monday,May 12,the country risk is positioned at 678 basis points.

The country risk is an indicator prepared by the JP Morgan which measures the difference paid by the United States Treasury bonds against those of the rest of the countries.

Conclusion

Argentina’s multifaceted currency landscape requires careful consideration. Monitoring these various exchange rates is essential for making informed financial decisions in a dynamic economic environment. For up-to-the-minute exchange rate facts, resources like Xe Currency Converter[[2]]and OFX Currency Converter[[3]]can prove invaluable.