Feb 20 • 10:05 UTC 🇦🇷 Argentina Clarin (ES)

Crypto Dollar Today: What is the Exchange Rate on Friday, February 20

The crypto dollar is trading at $1455.30 for buying and $1455.40 for selling on Friday, February 20.

On February 20, the exchange rate for the crypto dollar stands at $1455.30 for purchases and $1455.40 for sales, reflecting a 1% decrease compared to the same day last week. Over the past month, the crypto dollar has fallen by 4% compared to January, while it has risen by 19% year-on-year, showcasing a price of $1226.63 at the same time last year. The comparison between the crypto dollar and the blue dollar reveals a narrow margin, with the crypto dollar priced at $1455.30 and the blue dollar at $1420, resulting in a 2% difference. This highlights the ongoing fluctuations in the Argentine peso's valuation against alternative economic measures, particularly given the country's unique financial landscape. The crypto dollar, which is determined by the trading of stablecoins, underscores an innovative aspect of Argentina's economy as individuals seek alternatives amidst currency instability. This metric not only serves as a barometer for cryptocurrency's role in the nation's economic environment but also reflects the broader implications of cryptocurrency adoption in similar economies around the world.

📡 Similar Coverage