In the parallel market the currency operates with certain stability and the trend could continue in this way. Look what is the price of the euro blue today
The euro blue It is trading this Thursday, April 8, at $ 159.46 for the purchase and $ 165.37 for the sale in caves in downtown Buenos Aires.
In the official market, the value of the euro in Argentina It is $ 107.15 for the purchase and $ 113.96 for the tip sale. This figure reflects that the coin is offered with a stable price in relation to the last days.
According to the information published by the central bankIn recent trading days, the euro remained stable with a variation of less than 1 percent.
When analyzing the performance of the European currency throughout the year, it can be seen that the price of the euro it has risen 22.63 percent; compared to the first days of the year when the blackboards showed 87.19.
With these values, the gap between the euro blue in Argentina and the official euro is approximately 60%.
According to the usual survey carried out by the Central Bank among the main financial entities that operated in the City, these are the sale prices of the official retail euro:
- Galicia: $ 112.80
- Nation: $ 113
- Santander: $ 113
- Patagonia: $ 113.78
- Macro: $ 116
- HSBC: $ 120.53
The value of euro blue it has a higher substantial difference with the official euro because the latter is the one that is acquired in banks and has an established price.
What is the reason why it is called euro blue?
As with the Dolar blue, the euro blue is the one that circulates in the parallel market and usually has a higher value than the official one. One of the reasons for its name indicates that it is called like that because in English, “blue”, in addition to naming the color blue, refers to something “dark”. This is the way in which the currency exchange is recognized outside the exchange system.
The term euro blue It began to be used as of 2011, as a result of the restrictions for the acquisition of foreign currency that the Federal Administration of Public Revenues began to apply (AFIP) and the Central Bank of the Argentine Republic under the government of Cristina Kirchner.
These these obstacles, known as “exchange stocks“, were reimposed during the end of the presidency of Mauricio Macri and gained further momentum in December 2019, after the president’s announcements Alberto Fernandez on the Economic Emergency Law and that were deepened throughout 2020 with the exchange rate. This causes sectors that travel abroad to choose to buy euros on the black market, thus generating an increase in the price of the euro blue.
This is the origin of the Euro
The euro was launched on January 1, 1999, when 10 countries set their exchange rates and handed over the decisions on interest rates to the newly created European Central Bank. Euro notes and coins entered circulation three years later.
The shared currency was seen as a solution to the constant disputes over exchange rates that had marked European politics after World War II and as a logical extension of the country’s tariff free trade zone. European Union. Britain, in particular, chose not to participate, but 19 of the 27 EU countries use the euro as their national currency. The people who make up the euro area, also known as the “euro area” are:
Know the value of the dollar in Dollar Today and followed the price and behavior minute by minute. CLICK HERE