On March 9, 2023, the official dollar in Argentina is valued at $1385 for buying and $1435 for selling, with multiple alternative exchange rates available.
On March 9, 2023, Argentina's official dollar exchange rate stands at $1385 for buying and $1435 for selling at banks. In contrast, the 'blue dollar', which is the unofficial exchange rate, is quoted at $1395 for buying and $1415 for selling, indicating a 1% difference compared to the official rate. This significant variation reflects the economic conditions in Argentina, where alternative rates become necessary due to restrictions and inflation affecting the official market.
Additionally, the 'tourist dollar' (or 'solidarity dollar') is valued at $1865.50, which is important for individuals purchasing dollars for savings or making transactions abroad, calculated by adding a 30% surcharge to the official exchange rate. The 'wholesale dollar' starts the day at $1476.50 for buying and $1476.60 for selling. The difference between these various exchange rates emphasizes the ongoing economic challenges in Argentina, influencing how citizens and businesses navigate currency transactions amid ongoing inflation and regulatory measures.
Furthermore, the reference price for the 'Contado con liqui' (CCL) -- a mechanism for companies to buy Argentine stocks locally and sell them abroad -- is set at $1475.70. Such diverse exchange options indicate a complex economic landscape in Argentina, prompting individuals and enterprises to stay informed about fluctuations in these rates, which can significantly affect financial decisions within the country.
