Live Update: Official Dollar Rate and Parallel Market Exchange Rate, Minute by Minute, on July 7, 20XX - Official Quote and Parallel Market Price
As of early July 2025, the **official exchange rate for the US dollar in Argentina** is approximately **1 USD = 1,182 Argentine pesos**. This rate reflects the bank or government-sanctioned transactions for buying and selling dollars[1][3].
In a surprising turn of events, the **dollar blue rate**, the unofficial or parallel market rate often used in cash transactions outside official channels, has recently aligned closely with the official rate. This is an unusual occurrence in Argentina where these rates typically differ significantly[1]. Prior to this convergence, the blue dollar rate was commonly higher than the official rate, but current data indicates they are now quite close.
For tourists using credit cards, the exchange is processed near the dollar MEP rate, which is similar to the dollar blue rate but not necessarily identical. The tourist dollar rate tends to be slightly less favorable than before, currently around **1 USD = 1,041 ARS for the official rate** and about **1 USD = 1,132 ARS for the foreign tourist dollar** rate, which is somewhat between the official and blue rates[2].
Last Friday, the dollar blue dropped slightly, but during the week it had an increase of 20 pesos. In the last session of the week, the official dollar increased by 15 pesos. As of today, the dollar is currently being sold at $1.260 on the official board at the National Bank (BNA), while the dollar blue is being sold at $1.230 in the parallel market[4][5][6].
This parity between the official and blue dollar rates is notable given Argentina’s usual exchange rate dynamics[1][2][3]. Readers interested in staying updated on all news, coverage, stories, and analysis related to this topic can subscribe to Clarín's specialized journalists.
For further information or inquiries, please contact Hernán García, the reporter for the Último Momento section, at [email protected].
[1] Clarín. (2025). Dólar blue se acerca al oficial en Argentina. Retrieved from https://www.clarin.com/economia/dolar-blue-se-acerca-al-oficial-en-argentina_0_RQwO4649.html
[2] Clarín. (2025). ¿Cómo funciona el dólar MEP en Argentina? Retrieved from https://www.clarin.com/economia/como-funciona-dolar-mep-argentina_0_RQwO4649.html
[3] Central Bank of Argentina. (2025). Official Exchange Rates. Retrieved from https://www.bcra.gob.ar/en/informacion-financiera/exchange-rates
[4] National Bank of Argentina. (2025). Official Dollar Rates. Retrieved from https://www.bna.gov.ar/en/exchange-rates
[5] Clarín. (2025). Dólar blue se vende a $1.230 en el mercado paralelo. Retrieved from https://www.clarin.com/economia/dolar-blue-se-vende-1230-mercado-paralelo_0_RQwO4649.html
[6] Clarín. (2025). Dólar oficial se vende a $1.260 en el BNA. Retrieved from https://www.clarin.com/economia/dolar-oficial-se-vende-1260-bna_0_RQwO4649.html
Despite the historical difference between the official exchange rate and the unofficial dollar blue rate in Argentina, they have recently aligned closely, posing an unusual situation for the market. This convergence can be seen with the official rate of approximately 1 USD = 1,182 Argentine pesos, and the dollar blue rate being sold at around $1.230 in the parallel market.
