The card dollar is quoted at $1839.50 in Argentina on March 20, 2026, showing a 0% change from the previous week and a significant 30% increase from the prior year.
On March 20, 2026, the Argentine 'card dollar' is quoted at $1839.50. This represents a stable value with no fluctuation compared to the same day of the previous week, while the rate has increased by 27% compared to the previous month. This indicates a consistent rise in the exchange rate over the past 30 days, reflecting broader economic trends in Argentina.
Over the past year, the card dollar shows a dramatic increase of 30%, up from $1416.35 at the same time last year. This rise is indicative of ongoing inflation and economic instability in Argentina, as consumers face challenges when making purchases abroad. The difference between the card dollar and the 'blue dollar'—an unofficial exchange rate—is also noteworthy; the blue dollar currently trades at $1410, creating a 30% gap from the card dollar rate.
The card dollar is specifically used for payments made through debit and credit cards for expenses abroad. This measure highlights the complexities of the foreign exchange market in Argentina, which is heavily influenced by various economic factors such as inflation, supply and demand, and government policies. The significant discrepancy between the official and unofficial dollar rates illustrates the economic friction that affects both everyday consumers and large-scale transactions in the country.
