Friday, September 22, 2023

Blue Dollar, MEP or Prex, which is best for Uruguayans traveling to Argentina?


The journeys of Uruguay to Argentina They became a constant for the Exchange rate difference between both countries and at the beginning of the Vacation Crossings of thousands of people have already begun in September, many of whom will take advantage of the opportunity price gap Go shopping.

In this context, faced with a Dollar blue This continues to rise in the neighboring country and has more than doubled in value so far this year. Along with the split in Argentina’s exchange rate, Uruguayans traveling to the neighboring country must ask themselves: What kind of currency? dollar Should you get it?

It’s like that while the Uruguayan peso seems to show some stability around price Dollar, which is equivalent to about 38 pesos today, the situation is different Argentina, where the US currency is getting stronger and there are several exchange rates besides the blue one, including the Dollar MP and that Prex dollars.

Dollar blue

Among the many options that exist on Argentine territory is the price of Dollar blue It reached 730 Argentine pesos, achieving a gap of 108.6% to the official exchange rate, which is 365.50 Argentine pesos.

In this way, informal market currency is a good option because if you exchange 100 dollars in the informal market, depending on the exchanger, you will receive about 73,000 Argentine pesos, more than double the 36,550 you would receive with the exchange rate official.

Prex dollars

On the other hand, those Uruguayans who want to use the prepaid card Price open an account in President of Argentina receives 738.65 Argentine pesos for Dollar, Accepting a tempting option.

Anyone who chooses this route will receive a debit card MasterCard that they can use in the neighboring country and will benefit from a different rate, much higher than that of the official dollar, to which they have a gap of 111%.

MEP dollars

Another option that is less tempting today is MEP dollars, which is trading today at 678.68 Argentine pesos, which corresponds to a difference of “only” 93.9% to the official price.

With this option, the card converts the output at the specified exchange rate. The country’s tourists pay for the cards in dollars and the cardholders sell these dollars Argentina about the financial market. Then they pay for the business or services in pesos.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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