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May 30, 2023 · Official Rate: 1 EUR : 250 ARS; Black Market Rate: 1 EUR : 450 ARS; NOTE: You can check the black market rate on the internet at any time. Here is a link to the official “blue dollar” rate. Russia:
Mar 11, 2023 · The exchange rate for the transaction was 366 Argentine pesos per U.S. dollar, almost double the official exchange rate (190 pesos per dollar) at the time. These dual rates aren’t a new ...
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How to use OANDA’s Currency Converter. To use OANDA’s free currency converter, type into the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency. You can convert world currencies, precious metals, or obsolete currencies. You can also access currency exchange rates dating back to January 1990.
- How can I convert my money?We have partnered with Shift to offer you a money conversion service. Our global money transfers are tailored to meet your FX payments needs.
- Which currencies can I convert with the Currency Converter?We have 212 currencies which are being used in the new currency converter. Visit this page to view the complete list.
- What other languages are available for the Currency Converter?We are currently supporting 9 languages: English, French, German, Spanish, Italian, Portuguese, Russian, Chinese, Japanese.
- What is the interbank rate and should I use it?Also known as the mid-market rate, the spot rate or the real exchange rate, the interbank rate is the exchange rate used by banks and large institu...
- Why do currency conversion rates differ between companies?Currency conversion rates differ between companies as each company manipulates the interbank rate to make a profit. This is usually done on volume;...
- What is the best time to exchange my money or to buy or sell currencies?Most trading happens in the UK and US market, so 8am GMT to 5pm EST, is when the market is most liquid and the difference between the bid and ask r...
Economies with parallel exchange rates are notoriously inflationary. Of the 20 countries with the highest inflation rates for 2021 and 2022, more than three-quarters have parallel markets. 8 had 12-month inflation in excess of 40%, while none of the countries with unified exchange rate markets had an inflation rate of more than 40%.
Nov 12, 2021 · Actually, while on official circuits the Argentine currency exchange rate is around 100 peso per dollar, on the black market the peso is in free fall and about 100% higher than the official exchange rate. According to analysts, the Government is trying to keep the official exchange rate artificially stable in view of the mid-term elections that ...
Apr 23, 2021 · The financial hit of the COVID-19 pandemic has slowed efforts by central banks in a range of countries to unify parallel exchange rates, leaving states such as Lebanon and Iran with...
May 29, 2020 · The crackdown started when the Banque du Liban, Lebanon’s central bank, ordered parallel market exchange shops to set a maximum rate of 3,200 Lebanese pounds to $1 – a valuation divorced from ...
