Be sure to check the price of the blue dollar.
Ang Blue dollar quote it Saturday May 07 at $ 198.00 to buy and $ 201.00 to sell. Ang gap between the blue and official dollars is 72%.
This way, the blue dollar remains stable compared to the final price.
Ang blue dollar value It differs significantly from the official dollar, which is obtained from banks and has an established price.
How is the price of the blue dollar and its evolution in May 2022
Why is it called the blue dollar?
the blue dollar It revolves around the black market and usually has a higher value than the official. An explanation of its name indicates that it is so called because in English, “blue”, in addition to naming the color blue, refers to something “dark”.
Another theory links it to buying operations through bonds or shares of companies known as “blue chips”. They also associate it with the approximate color that will appear when fibron is applied to detect fake bills.
Origin of the blue dollar
The concept of the blue dollar began to be used in Argentina in 2011, as a result of restrictions for the extraction of foreign currency that began to be applied by the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Republic of Argentina under the government of Cristina Fernández de Kirchner.
Ay limitations they had new impetus in December 2019, after President Alberto Fernández promulgated the Economic Emergency Law. There, the implementation of the tourist dollar and the 30% tax on the purchase of dollars for savings and tourism were promoted. It began on Monday, December 23, when it was announced in the Official Gazette.
It consists that sectors traveling abroad have decided to buy dollars in black marketthus causing an increase in the price of the blue dollar.
It should also be noted that the exchange rate remains valid and that, for this reason, the buying of the official dollar continues limited of the Central Bank only $ 200 per month if it is made through online transaction or 100 dollars if it is made over the counter.
Source: Clarin
