Since Thursday of last week, the parallel dollar has accumulated a drop of $4.50. In any case, the fall is much less than that suffered by financial dollars, which already operate even below the savings dollar, at less than $189.
Blue dollar price in the month
So far in March, the parallel dollar shows a decrease of $11 (-5.2%), after ending last month at $211.
In February, the informal dollar fell $6.50 (-3%), after rising $5 or 2.4% in January.
During the past year, the blue dollar registered a rise of 25.3% ($42), half compared to the inflation of the period (50.9%). However, it is worth remembering that in 2020 it had shown a sharp jump of 111% (compared to 36% inflation).
What is the blue dollar?
The value of the blue dollar has a substantial difference with the official dollar, which is acquired in banks and has an established price. Its sale is in the informal market, without regulations or limits, and for this reason it is generally operated at a value greater than the official dollar.
Why is it called the blue dollar?
The origin of the blue dollar as a denomination for the operation of the banknote in the informal market is not clear. But there are theories.
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 relates it to purchase operations through bonds or shares of companies known as “blue chips.” They also link it to the approximate color that appears when a fibron is applied to detect counterfeit bills.
Price of the savings or tourist dollar
The savings dollar or solidarity dollar -retail plus taxes- increased 38 cents to $189.29 on average.
More news about the Blue Dollar and the Dollar
Dollar: scenarios with or without agreement with the IMF
Reserves to the limit, high inflation and agreement with the IMF: what can happen to the dollar in February
Given the rise in the official dollar: What can happen to the blue dollar?
Source: Ambito
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