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AKA: Tourist Rate, Solidarity Rate, Tarjeta Rate, Tourist Dollar, Foreign Tourist Dollar, D贸lar Turista
Last updated on Friday, December 6, 2024 at 10:46 PM
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AKA: Blue Dollar, Informal Dollar, Unofficial Dollar, Parallel Dollar, D贸lar Blue
Last updated on Friday, December 6, 2024 at 10:46 PM
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AKA: Official Rate, Non-Blue Dollar, Libre D贸lar, White Dollar, Blanco D贸lar, Official Dollar, Oficial D贸lar
Last updated on Friday, December 6, 2024 at 10:46 PM
If you have US dollars in cash (or using Western Union), then with the Blue Dollar rate, $1 is the same as $1,030 ARS Argentina Pesos
If you're a tourist with a credit card, then with the Tourist Rate $1 is the same as $995 ARS Argentina Pesos
If you go to a bank in Argentina, then with the Official Rate, $1 is the same as $986 ARS Argentina Pesos
These rates are updated daily, and the last update was on Friday, December 6, 2024 at 10:46 PM
Welcome to the fascinating world of the Blue Dollar, or "D贸lar Blue," a unique financial phenomenon that has become an integral part of the Argentinian market. This term refers to the parallel dollar rate of USD in Argentina, which is traded in "cuevas," or clandestine financial houses in Buenos Aires. Unlike traditional currency exchanges, the Blue Dollar operates outside the purview of government-sanctioned or licensed entities, such as banks.
The birth of the Blue Dollar can be traced back to the Argentinian government's stringent currency change restrictions. These restrictions led to the emergence of a black market, where the USD to ARG exchange rate is significantly more favorable than the official rate. This has resulted in a dual rate system, where the Blue Dollar rate often puts many more pesos in your pocket.
Whether you're a tourist planning a trip to Argentina or an investor looking to navigate the Argentinian market, understanding the Blue Dollar conversion is crucial. That's where our website comes in. We offer a range of tools and resources to help you make the most of the Blue Dollar phenomenon.
Our Blue Dollar conversion calculator is a user-friendly tool that allows you to quickly and accurately convert USD to ARG at the Blue Dollar rate. Simply enter the amount you wish to convert, and our calculator will provide you with the equivalent amount in pesos based on the current Blue Dollar rate.
Stay updated with the latest Blue Dollar rate with our real-time conversion rate tracker. This tool provides up-to-the-minute data on the USD to ARG Blue Dollar rate, ensuring you always have the most accurate information at your fingertips.
Our website also offers a wealth of information on the Blue Dollar phenomenon. Learn about the history of the Blue Dollar, understand the impact of the government's currency change restrictions, and discover how the Argentinian market is adapting.
For those considering exchanging money at the Blue Dollar rate, we provide practical tips and insights. Learn how to find a reliable "cueva," understand the calls of "Cambio! Cambio!" (exchange), and discover how to barter effectively to get the best rate.
The Blue Dollar phenomenon is closely linked to capital flight, where investors move their fortunes out of the country due to economic instability. Our resources will help you understand this complex issue and its impact on the Argentinian market and the Blue Dollar rate.
In conclusion, whether you're looking to exchange pesos to dollars or simply want to understand the Blue Dollar phenomenon better, our website is your one-stop resource. With our conversion calculator, real-time rate tracker, and wealth of information, you'll be well-equipped to navigate the intriguing world of the Blue Dollar.