MEP Dollar today: how much is it quoted this Monday, March 16
The MEP Dollar is quoted at $1416.40 for buying and $1427.20 for selling on Monday, March 16, 2026, reflecting a 1% decrease compared to last week.
On March 16, 2026, the MEP Dollar is priced at $1416.40 for purchasing and $1427.20 for selling, showing a 1% decrease from the same day the previous week. Over the past month, the MEP Dollar has remained stable at a 0% variance from the previous month. However, when compared to the same date last year, the MEP Dollar has risen by 15%, indicating a rise from $1236.20 a year ago, highlighting ongoing inflationary pressures in the Argentine economy.
The article also discusses the gap between the MEP Dollar and the blue dollar, revealing a 2% difference, with the blue dollar priced at $1395. This underscores the fluctuating nature of currency valuation in Argentina and the alternatives that residents seek for currency conversion and savings. The MEP Dollar is viewed as a more stable option within the differing rates, reflecting the economic environment of the country and the citizens' need for accessible means to invest or save in foreign currency.
Understanding the MEP Dollar is crucial for Argentinians, as it serves as an alternative to the official exchange rate. The article explains that the MEP Dollar is often used by individuals for savings and investment despite its higher valuation compared to the official rate. The dynamics of the currency exchange system in Argentina reveal ongoing economic adjustments, making the MEP Dollar a topic of significant interest as citizens adapt to new financial realities.