Look at her minute by minute quote for buying and selling the official euro and the blue euro.
The euros quote this Monday 14 November at $154.75 for the buy and $162.75 for the sell, so it remains stable compared to the last price.
Regarding the currency in the parallel market, the euro blue today It was listed at $289.00 for the purchase and $292.00 for the sale. So, its price increases relative to the last report.
With these values, the gap between the blue euro and the official euro is 87%.
The blue euro value it has a significantly greater difference with the official euro as the latter is the one that is bought in banks and has a fixed price.
How was the euro blue price and its evolution in November 2022
Why is it called euro blue?
Like the blue dollar, the euro blue This 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 so called because in English “blue”, in addition to being the name of the color blue, refers to something “dark”. In this way, the currency exchange is recognized outside the exchange system.
The term euroblue began to be used from 2011 due to the restrictions for the acquisition of foreign currency applied by the Federal Administration of Public Revenue (AFIP) and the Central Bank of the Argentine Republic under the government of Cristina Fernández de Kirchner.
it is restrictions They gained new impetus in December 2019, following the announcements by President Alberto Fernández on the economic emergency law and which deepened with the exchange rate during the course of 2020. 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 1 January 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 ongoing disputes over exchange rates that characterized European politics after the Second World War and as a logical extension of the European Union’s tariff free trade zone. Britain in particular withdrew, but 19 of the 27 EU countries use the euro as their national currency. Those that make up the euro area, also called the “eurozone” are: