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Official USD (blue) and black market USD (orange) from January 2011 to January 2016. [1]The first restrictions were imposed on October 31, 2011. The Tax and Customs Authority, AFIP, required that individuals and businesses who sought to buy dollars request permission, which may depend of the financial status of the buyer.
As a result, the difference between the official rate and the unofficial "blue" rate almost disappeared for a time. The official exchange rate was on 1 April 2016 of 14.4 to US$1 . [ 12 ] The rate gradually worsened; on 29 July 2022 one U.S. dollar was quoted at 131.22 pesos at the official rate and 298 pesos, 2.27 times higher (+127%), in ...
The dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".
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Brazil’s real on Wednesday fell to its weakest level against the dollar since the currency was introduced in 1994, undercut by investors' frustration with President Luiz Inácio Lula da Silva's ...
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A similar currency is the more expensive Dólar blue (also known as the Dólar negro), which started circulating in Argentina in 2011 as a result of the country's economic crisis. Unlike the Peruvian artificial currency, the Argentine currency is a part of the country's black market. [2]
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