As of March 20, 2026, the MEP Dollar, a popular alternative exchange rate in Argentina, is priced at $1413.60 for buying and $1423.10 for selling. Over the last week, the MEP Dollar has remained stable with no change compared to the previous week. In terms of monthly performance, it has shown no increase as it maintains the same level as last month, but it has experienced a significant annual appreciation, rising by 10% since the same time last year when it was valued at $1282.2.

A noteworthy aspect of this valuation is the comparison between the MEP Dollar and the blue dollar, an unofficial exchange rate commonly used in Argentina. Currently, the blue dollar is priced at $1410, creating a small gap of 0.26% between the two rates. This limited difference indicates a certain level of stability in the foreign exchange market, suggesting that while both rates are high, the MEP Dollar remains slightly more expensive than the blue dollar, which often reflects market sentiments regarding currency trust and stability.

The MEP Dollar, or "Mercado Electrónico de Pagos" Dollar, serves as an important mechanism for Argentinians seeking to protect their savings against inflation and currency volatility. As it is pegged above the official dollar rate, it presents itself as a more affordable option for those looking to hedge against potential devaluations of the peso. The continuous monitoring of the MEP Dollar is crucial for understanding the broader economic landscape in Argentina and its impact on individuals and businesses.