Time series key
|
BBEX3.A.ARS.USD.CA.AC.A04 |
Unit
|
ARS |
Dimension
|
one |
Timespan
|
from
2003 to
2023 |
Last update
|
08.04.2024 01:34:29 PM |
|
|
Methodology
|
Calculated on the basis of daily buying and selling rates. |
Source
|
Banco de la Nación Argentina, Buenos Aires. |
|
|
Comment on
2023 |
With effect from 14 August 2023, the Argentine peso was devalued. We recorded the following exchange rates (buying/selling): 11 August 2023: USD 1 = ARS 286.9500 / 287.3500 14 August 2023: USD 1 = ARS 348.9500 / 349.9500. Calculated using these exchange rates, the Argentine peso depreciated by 17.8% against the US dollar (calculated on the basis of the middle rates). With effect from 13 December 2023, the Argentine peso was devalued. We recorded the following exchange rates (buying/selling): 12 December 2023: USD 1 = ARS 365.4500 / 366.4500 13 December 2023: USD 1 = ARS 796.9500 / 799.9500. Calculated using these exchange rates, the Argentine peso depreciated by 54.2% against the US dollar (calculated on the basis of the middle rates). |
Comment on
2019 |
Upon announcement of the election results, on 12 August 2019 the Argentine peso depreciated by 14.7% (calculated on the basis of the middle rates). |
Comment on
2015 |
With effect from 17 December 2015, the de facto peg of the Argentine peso to the US dollar was abandoned. We recorded the following exchange rates (buying/selling): 16 December 2015: USD 1 = ARS 9.726 / 9.826 17 December 2015: USD 1 = ARS 13.300 / 13.400 Calculated using these exchange rates, the Argentine peso experienced a devaluation of 26.8 % against the US dollar (on average). |