Economy Country March 08, 2025

The Increase of the MEP Dollar Exchange Rate in Argentina

In Argentina, there is a significant increase in the MEP dollar exchange rate, reaching record figures. Recent variations indicate unusual volatility in the currency, with potential short-term economic impacts.


The Increase of the MEP Dollar Exchange Rate in Argentina

In Argentina, titles or shares are being bought to later sell them abroad. One way to do this is by acquiring the MEP dollar. For this, it is necessary to buy a bond in pesos and then sell it in dollars, considering whether there are commissions. The process is carried out through home banking, selecting the option "Investments" or "MEP dollar", choosing the amount in pesos, reviewing the details, and confirming the operation.

Regarding the evolution of the official dollar in Argentina, in the last week it has shown a volatility of 1.42%, surpassing the annual volatility of 1.26%, indicating unstable behavior with multiple variations. In the last 12 months, the official dollar has fluctuated between a maximum of $1.086 and a minimum of $1.0525.

In the Argentine market, there are several types of dollars, with the most relevant being: the official dollar, the retail and wholesale dollar, the blue dollar, the MEP dollar or Stock Exchange dollar, and the Cash with Settlement (CCL) dollar, which is a legal operation to obtain dollars abroad. Each exchange rate has its particularities and access restrictions, so it is important to verify the conditions of each financial entity.

Interest in the U.S. currency has increased in Argentina, possibly motivated by economic or political factors that generate expectations of devaluation. Market closure shows that the value of the official dollar on Friday, March 7, 2025, was $1.086, marking an increase of 0.02% compared to the opening. The current quotation of the official dollar reflects a positive trend, with an indicator of 1 indicating an increase in its value compared to previous days.