he euro Quote this Saturday 29 November At $1,684.29 to buy and $1,688.03 to sell, so it remains stable compared to the last bid.
Regarding the currency in the parallel market, Euro blue today It is trading at 1636.59 for buying and 1659.72 for selling. In this way, its price increases compared to the last reported price.
And with these values gap Between the blue euro and the official euro 97085%.
he Blue euro value It has a much higher difference with the official euro because the latter is the one that is bought in banks and has a fixed rate.
Like the blue dollar Euro blue It is traded on the black market and its value is usually higher than the official value. The explanation for its name indicates that it is so named because in English, the word “blue”, in addition to naming the color blue, refers to something “dark”. In this way the exchange of currencies outside the exchange system is recognized.
The term blue euro came into use in 2011, as a result of Restrictions To obtain foreign currencies that the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Argentine Republic began to implement under the government of Cristina Fernández de Kirchner.
We are Restrictions It gained new momentum in December 2019, after President Alberto Fernández’s announcements of an economic emergency law that deepened throughout 2020 with exchange rate restrictions. This makes sectors that travel abroad choose to buy euros with the local currency Black marketWhich led to a rise 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 notes and coins entered circulation three years later.
The common currency was seen as a solution to the persistent disputes over exchange rates that characterized European politics after World War II and as a logical extension of the EU free trade area. Britain, in particular, chose not to participate, but 19 of the 27 EU countries use the euro as their national currency. The countries that make up the Eurozone, also called the “Eurozone”, are:
- Austria
- Belgium
- Cyprus
- Estonia
- Finland
- France
- Germany
- Greece
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Holland
- Portugal
- Slovakia
- Slovenia
- Spain