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Since the beginning of 2024, official exchange rate of Argentina peso to USD is relatively flat compared to the declining rate before Milei was elected. To me, this indicates that inflation is slowly stablizing. But I know there is also "unofficial" exchange rate people use in Argentina. Does anyone know how the unofficial exchange rate?

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If you search for: blue dollar argentina

You should find the "unofficial" rates.

I visited in May. When I left, at blue dollar rates, 1 USD = ~1040 Argentinine pesos; today, 1 USD = 1415 pesos. Ie, 35% inflation in 2.5 months. [1]

And every month, the government claims unbelievably low inflation: 4.2% in May, 4.6% in June.

0 - https://bluedollar.net/informal-rate/

Note that at the end of January the price was a ~1250AR$, then it strangely reduced to 1000AR$ until the middle of May. In the last 15 days it raised to ~1500AR$ and then go down to ~1450AR$. I guess it will go to $1400 next week, but who knows. https://www.dolarito.ar/cotizaciones-historicas/oficial

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