Dollar today: how much is the official rate and its different exchange rates this Tuesday, February 25

The official dollar is quoted this Tuesday, February 25 at $1,040.50 for purchase and $1,080.50 for sale in banking entities.

As for the blue dollar , today it is trading at $1,220 for purchase and $1,240 for sale. Thus, it marks a gap of 17% with respect to the official dollar. The value of the blue dollar has a substantial difference with the official dollar, which is purchased in banks and has an established price.

On the other hand, the tourist dollar (also known as the solidarity dollar ) is quoted at $1,404.65. This value is the one used when buying dollars for savings or making transactions abroad and arises from the addition of 30% to the value of the official dollar of the day.

Another exchange rate is the wholesale dollar , which starts the day at $1226.63 for purchase and $1229.50 for sale.

Regarding the Contado con liqui (CCL), the reference price is $1213.80. The CCL is the operation that allows companies to buy Argentine papers in the local market and sell them abroad in order to transfer foreign currency for "hoarding."

Today in Argentina there are at least six different types of exchange rates for the US currency, some more used than others.

Savings/card dollar or tourist/solidarity dollar : has a 30% surcharge imposed by the Government on purchases made with a card in foreign currency and on the acquisition of foreign currency for hoarding within the official circuit.

Blue dollar : This is the bill that is sold in the informal market, through caves or “arbolitos” in the street.

Cash with Liqui : This is a legal operation to obtain dollars abroad. It has become the preferred route for companies. Argentine securities or shares are purchased in pesos and then sold abroad in dollars.

Official or retail dollar : this is the price that individuals can access, but always within the US$200 limit established by the exchange rate controls.

Wholesale dollar : This is the dollar used for foreign trade, payment of dollarized debts and dividends. In theory, it is the dollar that influences the setting of prices for imported products.

Dollar for industry and services : due to the effect of withholdings, exporters of manufactures and services actually receive a dollar at a lower value than the official one, and much lower than the blue one. Within this category, there are different values ​​for those who export meat and dairy products, for wheat, corn and sunflowers, and for soybeans.