On February 23, the official dollar is quoted at $1410 for buying and $1430 for selling in banks, while the blue dollar shows a 0% gap compared to the official rate.
On February 23, the official dollar rate stands at $1410 for purchases and $1430 for sales in banking institutions in Argentina. This reflects the current official pricing which remains stable in contrast to other market rates. The blue dollar matches these values exactly, indicating a 0% differential, highlighting a rare alignment between the unofficial and official exchange rates.
Furthermore, the tourist dollar, also known as the dollar solidario, is quoted at $1443.50. This rate applies when individuals purchase dollars for savings or conduct transactions abroad, incorporating a 30% tax based on the day's official rate. Additionally, there is the wholesale dollar which is starting the day at $1463.30 for purchases and $1463.40 for sales, showcasing another tier of the growing complexity of Argentina's currency market.
Lastly, the Contado con Liqui (CCL) method offers a reference price of $1443.50, allowing businesses to buy Argentine securities on the local market and sell them abroad. This method of currency exchange is essential for companies looking to maneuver through the intricacies of the Argentine monetary landscape, especially in light of fluctuating rates and differing demand for dollars between various market players.
