Ad
related to: usd argentina exchange rate black market
Search results
Results from the WOW.Com Content Network
All those factors led to a dramatic increase in the price of the US dollar in Argentina. The Central Bank increased the interest rate again, to 60%, but could not keep up. [15] Macri announced on 8 May 2018 that Argentina would seek a loan from the International Monetary Fund (IMF).
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
Afterwards, it went from a 3:1 exchange rate with the US dollar in 2003 to 178:1 in early 2023. On 14 August 2023, the official exchange rate was fixed at ARS$350 to one US dollar; the unregulated rate valued the peso at ARS$665 to one US dollar. [5] On 15 November 2023, the crawling peg was restored. [6] USD/Argentine Peso exchange rate
Since 2019, Argentina's peso currency has been kept artificially strong by strict capital controls which create a wide gap between the official exchange rate of 366 per dollar and parallel rates ...
Official USD (blue) and black market USD (orange) from January 2011 to January 2016. [1]The first restrictions were imposed on October 31, 2011. The Tax and Customs Authority, AFIP, required that individuals and businesses who sought to buy dollars request permission, which may depend of the financial status of the buyer.
The imposition of capital controls, in turn, led to the emergence of a black market for dollars, known as the "dólar blue", at higher rates than the official exchange rate. [168] By May 2014, private forecasts estimated annual inflation at 39.9%, one of the highest rates in the world. [169]
Argentina, the top global processed soy exporter, a key shale producer and No. 4 for battery metal lithium, has seen a series of would-be saviors fall flat after initial promise. And Milei remains ...
But the rise of technology has led to an evolved "black market" -- and rather than exotic animals and tangible exports, data like credit card information and even streaming accounts are up for grabs.
Ad
related to: usd argentina exchange rate black market