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How much is it trading this Monday, November 21?

Look at her minute by minute quote for the purchase and sale of the official euro and the blue euro.

The euro quote this monday november 21 at $165.25 for the purchase and $173.25 for the sale, so it remains stable compared to the last price.

Regarding the currency in the parallel market, the euro blue today it is trading at $307.00 for the purchase and $309.00 for the sale. Thus, its price rises in relation to the last reported.

With these values, the gap between the blue euro and the official euro is 86%.

The blue euro value it has a substantially higher difference with the official euro since the latter is the one that is purchased in banks and has an established price.

How was the euro blue price and its evolution in November 2022

blue euro quote

Tap to explore the data



infographic: Clarion

Why is it called euro blue?

Like the blue dollar, the euro blue It is the one that circulates on the black market and usually has a higher value than the official one. An explanation of its name indicates that it is called that way because in English, “blue”, in addition to naming the color blue, refers to something “dark”. In this way, the currency exchange is recognized outside the exchange system.

The term euro blue began to be used from 2011, as a consequence of the restrictions for the acquisition of foreign currency that began to be applied by the Federal Administration of Public Revenues (AFIP) and the Central Bank of the Argentine Republic under the government of Cristina Fernández de Kirchner.

It is limitations They gained new impetus in December 2019, after the announcements by President Alberto Fernández on the Economic Emergency Law and which deepened throughout 2020 with the exchange rate. This generates that the sectors that travel abroad opt for the purchase of euros in the black marketthus generating an increase in the price of euro blue.

Origin of the Euro

The euro was launched on January 1, 1999, when 10 countries fixed their exchange rates and handed over interest rate decisions to the newly created European Central Bank. Euro notes and coins entered circulation three years later.

The shared currency was seen as a solution to the constant disputes over exchange rates that had marked European politics after World War II and as a logical extension of the European Union’s tariff free trade zone. Great Britain, in particular, opted out, but 19 of the 27 EU countries use the euro as their national currency. Those who make up the euro area, also called the “eurozone” are:

  • Austria
  • Belgium
  • Cyprus
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Ireland
  • Italia
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • countries
  • Low
  • Portugal
  • Slovakia
  • Slovenia
  • spain

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