Post by account_disabled on Feb 24, 2024 17:52:00 GMT -10
The euro quotes this Thursday, February 1 at $891.58 for purchase and $891.93 for sale, so it remains stable compared to the last quote.
As for the currency in the parallel market, the blue euro today It is trading at 1240.84 to buy and 1295.02 to sell. In this way, its price rises compared to the last reported one.
With these values, the gap between Country Email List the blue euro and the official euro is 39%.The value of the blue euro has a substantially greater difference with the official euro since the latter is the one purchased in banks and has an established price.
Why is it called blue euro? Like the blue dollar, the blue euro is the one that circulates on the black market and usually has a higher value than the official one. An explanation of its name indicates that it is called that because in English, “blue”, in addition to naming the color blue, refers to something “dark”. In this way, the currency exchange is recognized outside the exchange system.
The term blue euro began to be used in 2011, following the restrictions on the acquisition of foreign currency that the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Argentine Republic began to apply during the government of Cristina Fernández de Kirchner.
They are limitations They gained new momentum in December 2019, after President Alberto Fernández's announcements about the Economic Emergency Law and which deepened throughout 2020 with exchange restrictions. This causes sectors that travel abroad to choose to purchase euros on the black market , thus generating an increase in the price of the blue euro.
The euro was launched on January 1, 1999, when 10 countries fixed their exchange rates and handed over interest rate decisions to the newly created European Central Bank. Euro banknotes 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 European Union's tariff-free trade zone. Britain, in particular, opted out, but 19 of the 27 EU countries use the euro as their national currency. Those who make up the euro zone, also called “eurozone are:
As for the currency in the parallel market, the blue euro today It is trading at 1240.84 to buy and 1295.02 to sell. In this way, its price rises compared to the last reported one.
With these values, the gap between Country Email List the blue euro and the official euro is 39%.The value of the blue euro has a substantially greater difference with the official euro since the latter is the one purchased in banks and has an established price.
Why is it called blue euro? Like the blue dollar, the blue euro is the one that circulates on the black market and usually has a higher value than the official one. An explanation of its name indicates that it is called that because in English, “blue”, in addition to naming the color blue, refers to something “dark”. In this way, the currency exchange is recognized outside the exchange system.
The term blue euro began to be used in 2011, following the restrictions on the acquisition of foreign currency that the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Argentine Republic began to apply during the government of Cristina Fernández de Kirchner.
They are limitations They gained new momentum in December 2019, after President Alberto Fernández's announcements about the Economic Emergency Law and which deepened throughout 2020 with exchange restrictions. This causes sectors that travel abroad to choose to purchase euros on the black market , thus generating an increase in the price of the blue euro.
The euro was launched on January 1, 1999, when 10 countries fixed their exchange rates and handed over interest rate decisions to the newly created European Central Bank. Euro banknotes 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 European Union's tariff-free trade zone. Britain, in particular, opted out, but 19 of the 27 EU countries use the euro as their national currency. Those who make up the euro zone, also called “eurozone are: