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Exchange rates for the US dollar in Argentina * / USD 1 = ARS ... (selling)

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  4. USD US dollar
  5. ARS Argentine peso (Argentina)
CSV SDMX-ML 2.0 SDMX-ML 2.1
Time series key BBEX3.D.ARS.USD.CA.AB.000
Unit ARS
Dimension one
Timespan from 2002-02-11 to 2025-07-01
Last update 03.07.2025 12:22:16 PM
   
General * Capital controls were introduced by decree on 1 September 2019 in response to the escalating financial and sovereign debt crisis. With effect from 23 December 2019, a tax (Impuesto Para una Argentina Inclusiva y Solidaria = PAÍS) of 30% was introduced with the entry into force of Law 27541. The Argentine Tax Authority (Administración Federal de Ingresos Públicos = AFIP) levied additional taxes from 16 September 2020, which were raised in several stages - the last time in November 2023 - to a total of no more than 125%. On 13 December 2023, the Argentine peso was devalued and the additional taxes of the AFIP were combined to a uniform tax rate of 30%. With effect from 23 December 2024, the differentiated taxes levied (PAÍS as well as the additional AFIP taxes) were replaced by a new uniform tax of 30%. In addition, since 4 November 2022, there has been a separate settlement exchange rate for non-residents making payments on selected foreign credit, debit and prepaid cards for tourism purposes. With effect from 14 April 2025, the Central Bank of Argentina decided to introduce a more flexible exchange rate regime within bands. In addition, some of the capital controls that had been in place since September 2019 were lifted. The uniform tax of 30%, which was introduced with effect from 23 December 2024, will now be levied only on the following transactions: - the exchange of foreign currency intended for the purchase of goods or services or for the purchase of services abroad; - foreign transactions with Argentine bank cards.
Source Banco de la Nación Argentina, Buenos Aires.
   
Comment on 2023-12-13 With effect from 13 December 2023, the Argentine peso was devalued. Calculated using the exchange rates from 12 and 13 December 2023, the Argentine peso depreciated by 54.2% against the US dollar (calculated on the basis of the middle rates).
Comment on 2023-08-14 With effect from 14 August 2023, the Argentine peso was devalued. Calculated using the exchange rates from 11 and 14 August 2023, the Argentine peso depreciated by 17.8% against the US dollar (calculated on the basis of the middle rates).
Comment on 2019-08-12 Upon announcement of the election results, the Argentine peso depreciated by 14.7% (calculated on the basis of the middle rates).
Comment on 2015-12-17 With effect from 17 December 2015, the de facto peg of the Argentine peso to the US dollar was abandoned. Calculated using the exchange rates from 16 and 17 December 2015, the Argentine peso experienced a devaluation of 26.8 % against the US dollar (on average).
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