Dollar today: how much the official and its different exchange rates are quoted this Thursday, February 12
On Thursday, February 12, the official dollar is quoted at $1415 for buying and $1435 for selling in Argentine banks.
On February 12, the official dollar exchange rate in Argentina is set at $1415 for buying and $1435 for selling in financial institutions. The blue dollar, which operates outside of official channels, is currently priced the same as the official dollar, showing a 0% gap between the two. This price stability indicates a rare moment of parity between the informal and official currencies, reflecting the current economic climate and fluctuating dollar rates.
In contrast, the tourist dollar, also known as the solidarity dollar, is quoted at $1473.60. This rate is applied when purchasing dollars for savings or making international transactions and includes an additional 30% tax on the day’s official dollar rate. The presence of various exchange rates illustrates the complexities of the Argentine currency market and how different buying motivations lead to diverse pricing, which can have significant implications for consumer behavior and travel expenses.
Furthermore, the wholesale dollar starts the day at $1475.30 for buying and $1475.40 for selling, while the referenced price for the Contado con Liqui (CCL) is established at $1473.60. The CCL allows companies to acquire Argentine securities on the local market, which adds another layer to the financial ecosystem and highlights the necessity for businesses to navigate these varying dollar rates effectively to optimize financial strategies.