During the last 12 months, the official dollar in Argentina has experienced significant fluctuations. Over the past year, its maximum price reached $1,084.3, while its lowest level was $1,052.5. In the last week, the volatility of the official dollar was 1.23%, showing relative stability compared to the annual volatility of 1.26%. This indicates a more predictable behavior in the context of the last twelve months.
In this scenario of variations, the concept of MEP dollar, also known as "stock dollar," emerges. This exchange rate allows individuals and companies to access it by purchasing a public bond in pesos or dollars. After a "parking" period, which usually lasts one business day, investors can sell the bond and receive its equivalent in foreign currency.
To buy MEP dollar, one must acquire a bond in pesos and then convert it to dollars. This process reflects an increase in demand for the U.S. currency, possibly driven by economic factors or market expectations. It is important to note that the crediting of dollars in the account may take up to two business days due to the "parking" period imposed by the National Securities Commission (CNV).
Despite recent movements, it is essential to pay attention to the evolution of the exchange rate in the coming days, as volatility in this aspect can impact various sectors of the economy. Verifying whether the financial entity allows this operation, knowing the hours, and being aware of possible delays are key aspects when conducting transactions in this context.
The closing of the markets on Monday, March 3, 2025, recorded an official dollar quotation of $1,084.3, representing a 0.05% increase compared to the opening. The current trend shows growth, indicating that the quotation of the official dollar has increased compared to previous days.
