Current Dollar Value: Determining the currency's worth on June 3rd.
Hear it straight:
The official greenback is currently trading at $1,163.36 to buy and $1,206.98 to sell, according to the Central Bank's calculations among various financial entities on June 3, 2022. That's a hefty 46.98 pesos more than the blue dollar, which is hovering around $1,125.20 for purchase and $1,160.00 for sale. The gap between these two rates is approximately -3.89 percent.
As of April 14, 2025, exchange rate restrictions were phased out, and a new floating band scheme was introduced. This band ranges from $1,000 to $1,400, with a 1% monthly update, depending on supply and demand. Individuals can now buy dollars freely, though the purchase of cash dollars at the counter is limited to $100 per month. This move aims to fortify the formal economy.
Banco Nación offers the cheapest dollar, going for $1,200.00, while a private bank like Banco Galicia shows it at $1,199.50.
The official greenback saw little change compared to the previous trading day on June 3, as it was worth $1,156.41 to purchase and $1,199.85 to sell.
Over the past five trading days, the official greenback has experienced a 2.74 percent increase, rising from a purchase price of $1,125.18 and a sale price of $1,174.39.
Euro Quotation in Argentina:
Trends for the Euro on June 3, 2022, aren't specified in the available search results. But historically, the official exchange rate for the Euro would follow a similar pattern to that of the official dollar, influenced by the Central Bank and reflecting the official rate set by the government for transactions.
Tourist Dollar (Credit Card):
Despite the end of exchange rate controls, the rate for tourist dollars (or credit card transactions) hasn't been adjusted. On June 3, it stands at $1,569.07, a value derived from adding a 30% advance on tax earnings to the official greenback price.
MEP Dollar (Bolsa):
The MEP dollar rate on June 3, 2022, is quoted at $1,183.78, showing a minimal fluctuation of less than 1 percent compared to the previous trading day. The MEP dollar's value is determined based on the AL30 bond, a popular asset used to obtain this exchange rate through buying and selling financial assets denominated in pesos and dollars.
CCL Dollar:
The CCL dollar rate on June 3 is stable at $1,192.73, showing consistency with the previous trading day.
Wholesale Dollar:
The Central Bank sets the wholesale dollar rate at $1,181.00, which remains constant compared to the previous trading day with a movement of less than 1 percent.
For more specific rates or up-to-date information, it's advised to check historical data or financial news from June 3, 2022.
The news on June 3, 2022, indicated a stable official greenback trading rate within the banking-and-insurance industry, with the Central Bank setting the wholesale dollar rate at $1,181.00. Meanwhile, the Euro's exchange rate in Argentina was not specified on that day, but it typically follows a pattern influenced by the Central Bank and the government.
