Blue dollar aka dolar blue or unofficial dollar is parallel dollar rate of usd in argentina. Argentina s official currency is the peso but it s the greenback that defines the country s shifting economic landscape.
More argentine peso info.
Argentina dollar. There is no problem in traveling to argentina with dollars. Pretty much all restaurants take dollars. The peso established as the peso convertible is the currency of argentina identified by the symbol preceding the amount in the same way as many countries using dollar currencies.
Argentine over the counter bonds meanwhile dipped an average 1 0 traders said and country risk rose 15 basis points to 1 365. Actually i believe it s a lot more convenient. Argentina s new dollar tax is a boon for cryptocurrency argentina has imposed a new 35 tax on all purchases made in us dollars.
In 2011 the government of cristina fernandez de kirchner tightened the rules for individuals seeking to buy dollars. If you still feel the need to exchange your dollars and get some. Cost of living in argentina including prices for 52 products in all the main cities in argentina.
Our currency rankings show that the most popular argentina peso exchange rate is the usd to ars rate. Current exchange rate us dollar usd to argentine peso ars including currency converter buying selling rate and historical conversion chart. This is the cost of buying and selling a physical dollar bill in a cueva or clandestine financial house in buenos aires.
The move could send argentines flocking to stablecoins such as dai whose trading volume spiked on the news. The peso ars rasl opened 0 09 weaker at 77 09 per dollar. The us dollar is sewn into argentina s economy and its culture.
I wondered exactly the same thing before traveling but upon arriving i realized everything was a lot easier than i imagined. The currency code for pesos is ars and the currency symbol is. Since the late 20th century the argentine peso has experienced a substantial rate of devaluation reaching 25 year on year inflation rate in 2017.
It is subdivided into 100 centavos its iso 4217 code is ars. Monthly rent for 85 m2 900 sqft furnished accommodation in expensive area ars 32 533 422 monthly rent for 85 m2 900 sqft furnished accommodation in normal area. Ars argentine peso.
The bleeding of dollar reserves is a recurring fear for argentine governments.