How much will it trade this Tuesday, September 26th?

Robert Collins
Robert Collins

Global Courant

He Euro quote this Tuesday, September 26th The price is $370.97 to buy and $371.16 to sell, so it remains stable compared to the last offer.

Regarding the currency in the parallel market: Euro blue today The rate is 781.53 for buying and 792.16 for selling. This increases its price compared to the last reported one.

With these values ​​it is gap between the blue euro and the official euro is 111%.

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He Blue euro value The difference to the official euro is much greater, as it is bought in banks and has a fixed price.

Why is it called Euro blue?

Like the blue dollar, that Euro blue It is the one that circulates on the black market and usually has a higher value than the official one. An explanation of its name suggests that it is called that because in English, “blue” not only refers to the color blue, it also refers to something “dark”. In this way, currency exchange outside the exchange rate system is recognized.

The term “Euro Blue” was used in 2011 due to restrictions for the acquisition of foreign currencies that the Federal Public Revenue Administration (AFIP) and the Central Bank of the Argentine Republic began to apply under the government of Cristina Fernández de Kirchner.

It is restrictions They gained new momentum in December 2019 following President Alberto Fernández’s announcements of the economic emergency law and intensified throughout 2020 with exchange rate restrictions. This leads to industries that travel abroad choosing to purchase euros abroad Black marketwhich led to an increase in the price of the Euro Blue.

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Video

The name of the parallel euro

Origin of the euro

The euro was introduced on January 1, 1999, when ten countries set their exchange rates and handed interest rate decisions to the newly created European Central Bank. Three years later, euro banknotes and coins came into circulation.

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The common currency was seen as a solution to the ongoing exchange rate disputes that had characterized European politics after World War II and as a logical extension of the European Union’s duty-free trade zone. Great Britain in particular has decided against it, but 19 of the 27 EU countries use the euro as their national currency. The members of the Eurozone, also called the “Eurozone”, are:

AustriaBélgicaChipreEstoniaFinlandFranceAlemaniaGreciaIrelandaItaliaLetoniaLituaniaLuxemburgoMaltaPaíses BajosPortugalEslovaquiaEsloveniaEspaña

How much will it trade this Tuesday, September 26th?

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