Euro Exchange Rates in Argentina: A Detailed Look
The euro, the official currency of 19 European Union countries, is also actively traded in Argentina. Here’s a detailed look at its rates as of Monday, December 9th.
Official Euro Exchange Rates in Argentina
According to the National Bank of Argentina (BNA), the official euro in Argentina on December 9th is trading at $1051.00 for purchase and $1111.00 for sale.
Euro Blue: Trading at $1125.00 for Purchase, $1143.00
Currency exchange rates in Argentina are constantly changing, reflecting various economic factors and market dynamics.
Euro Card Exchange Rates: What is the “Tourist Dollar”?
The so-called "euro card," often referred to as the "tourist dollar" in Argentina, operates in the market at $1858.50 USD for purchase and $1974.00 for sale.
This parallel market rate often deviates from the official rate, often referred to as the "blue dollar,"
Euro Trading in Different Argentinian Banks
Different banks in Argentina offer varying exchange rates for the euro:
- Banco Ciudad: Buyer $1051.00, Seller $1111.00
- Banco Nación: Buyer $1051.00, Seller $1111.00
- Mortgage Bank: Buyer $1060.00, Seller $1140.00
- Patagonia Bank: Buyer $1025.70, Seller $1094.08
- Supervielle Bank: Buyer $1030.00, Seller $1100.00
These rates reflect the competitiveness of the institutions and the consumer demand for the currency.
Understanding the Black Market: What’s the Blue Dollar Worth Today?
The unofficial Euro rate, also known as the “blue dollar” is important to understand.
**Blue Dollar Today Monday December 9th:**
The blue dollar is trading at $1035.00 for purchase and $1055.00 for sale.
**Understanding “blue dollar”**:
Remember that the blue dollar’s value is higher than the official dollar.
This is primarily due to the limited supply of US dollars through official markets.
Cuáles son las tasas de cambio del dólar oficial
##**The Official US Dollar Exchange Rate in Argentina**
As of December 9th, the official US dollar in Argentina is trading at $988.00 for purchase and $1028.00 for sale.
The British Pound (GBP)
The GBP, the
official currency of the United Kingdom, is buying at $1257.71 USD and selling at $1,264.48 on December 9th according to BNA
What are the different exchange rate options available when exchanging Euros in Argentina?
## Navigating Argentina’s Complex Euro Exchange Rates
**Interviewer:** Welcome to the show. Today, we’re diving into the world of currency exchange in Argentina, focusing specifically on the Euro. Joining us is Alex Reed, an expert on Argentine economics. Thanks for being here.
**Alex Reed:** It’s my pleasure to be here.
**Interviewer:** Let’s jump right in. As of today, December 9th, what’s the picture looking like for Euro exchange rates in Argentina?
**Alex Reed:** Well, it’s a bit of a complicated landscape. The National Bank of Argentina (BNA) sets the official exchange rate, which currently sits at 1051.00 Argentine Pesos for purchase and 1111.00 for sale.
**Interviewer:** That’s quite a difference between the buying and selling rates.
**Alex Reed:** Absolutely, and that’s just the beginning. We also have the so-called “Euro Blue” rate, which is essentially a parallel market rate, driven by supply and demand. That’s currently trading at 1125.00 for purchase and 1143.00 for sale. [[None Provided]]
**Interviewer:** So, someone trying to exchange Euros in Argentina needs to be aware of these different rates?
**Alex Reed:** Absolutely. It’s crucial to compare and understand the various options available.
**Interviewer:** And what about these so-called “tourist dollars” we hear about?
**Alex Reed:** That’s another layer of complexity. It essentially refers to a different exchange rate applied to foreign credit card transactions. Many tourists and visitors end up paying a different rate than locals. [[None Provided]]
**Interviewer:** That sounds potentially confusing for visitors. What advice would you give to someone planning a trip to Argentina and needing to exchange Euros?
**Alex Reed:** My biggest advice is to do your research beforehand. Understand the different rates, consider using different methods of payment, and perhaps even reach out to a local expert or financial advisor for guidance. It’s a complex system, but with some preparation, you can navigate it successfully.
**Interviewer:** Excellent advice. Thanks so much for shedding light on this important topic.
