# Argentina FX spread today

**URL:** https://rueda.live/en/dolar/brecha  
**Markdown URL:** https://rueda.live/en/dolar/brecha.md  
**Language:** en  
**Data source:** dolarapi.com  
**Updated:** 2026-04-27T19:24:44.275Z  
**License:** MIT — attribution to Rueda AI (https://rueda.live) appreciated

> FX spread between the official Argentine dollar and the free-market rates (blue, MEP, CCL). Current level, cross-comparison and historical context.

## Current rates

| Metric | Value |
|---|---|
| Blue vs official spread | -0.69% |
| MEP vs official spread | +1.09% |
| CCL vs official spread | +5.19% |
| Official dollar (sell) | $ 1.440,00 |

## All Argentine dollar rates (snapshot)

| Type | Buy (ARS) | Sell (ARS) | Spread vs official | Updated |
|---|---|---|---|---|
| Official | $ 1.390,00 | $ 1.440,00 | — | 27/4/26, 12:03 p. m. |
| Blue | $ 1.410,00 | $ 1.430,00 | -0.69% | 27/4/26, 3:56 p. m. |
| MEP | $ 1.454,70 | $ 1.455,70 | +1.09% | 27/4/26, 3:56 p. m. |
| CCL | $ 1.513,80 | $ 1.514,70 | +5.19% | 27/4/26, 3:56 p. m. |
| Card (Tarjeta) | $ 1.807,00 | $ 1.872,00 | +30.00% | 27/4/26, 12:03 p. m. |
| Crypto | $ 1.507,10 | $ 1.507,20 | +4.67% | 27/4/26, 3:56 p. m. |

## Historical series (last 30 days, sell price)

| Date | Sell (ARS) |
|---|---|
| 2026-03-28 | $ 1.415,00 |
| 2026-03-29 | $ 1.415,00 |
| 2026-03-30 | $ 1.425,00 |
| 2026-03-31 | $ 1.410,00 |
| 2026-04-01 | $ 1.405,00 |
| 2026-04-02 | $ 1.405,00 |
| 2026-04-03 | $ 1.405,00 |
| 2026-04-04 | $ 1.405,00 |
| 2026-04-05 | $ 1.405,00 |
| 2026-04-06 | $ 1.400,00 |
| 2026-04-07 | $ 1.395,00 |
| 2026-04-08 | $ 1.390,00 |
| 2026-04-09 | $ 1.390,00 |
| 2026-04-10 | $ 1.390,00 |
| 2026-04-11 | $ 1.390,00 |
| 2026-04-12 | $ 1.390,00 |
| 2026-04-13 | $ 1.400,00 |
| 2026-04-14 | $ 1.410,00 |
| 2026-04-15 | $ 1.410,00 |
| 2026-04-16 | $ 1.415,00 |
| 2026-04-17 | $ 1.410,00 |
| 2026-04-18 | $ 1.410,00 |
| 2026-04-19 | $ 1.410,00 |
| 2026-04-20 | $ 1.410,00 |
| 2026-04-21 | $ 1.410,00 |
| 2026-04-22 | $ 1.415,00 |
| 2026-04-23 | $ 1.420,00 |
| 2026-04-24 | $ 1.420,00 |
| 2026-04-25 | $ 1.420,00 |
| 2026-04-26 | $ 1.420,00 |

## What is the FX spread and why does it matter?

The **FX spread** (*brecha cambiaria*) is the percentage difference between the **official dollar** and any of the free-market rates (**blue**, **MEP**, **CCL**). It is computed as `spread = (parallel / official − 1) × 100`.

It is one of the most-watched Argentine market indicators because it synthesizes devaluation expectations, confidence in FX policy and market stress into a single number. Low levels (<20%) suggest equilibrium; 30-50% tension; >100% currency crisis.

A wide spread creates economic distortions: exporters under-invoice, importers over-invoice, imports pile up on the official channel and capital flight runs through the parallel. Governments therefore historically aim to close it via devaluation, restrictions, or FX unification.

## FAQ

### What is the FX spread today?

We show the three main spreads — blue, MEP and CCL vs official — refreshed every 5 minutes, with their historical evolution in the chart above.

### What spread level is `high`?

Historically in Argentina: <20% low, 20-40% normal with FX controls, 40-80% tense, 80-120% critical, >120% crisis. The levels that triggered major devaluations (2015, 2023) were around 100-200%.

### Which spread should I watch — blue, MEP or CCL?

Retail consumption/savings: blue and MEP. Capital flows and macro arbitrage: CCL. All three usually move together; large divergences (e.g. CCL well above MEP) signal acute stress on offshore capital outflows.

### What is the macro impact of a high spread?

Discourages exports at the official rate, encourages arbitrage-driven imports, drains BCRA reserves, self-reinforces devaluation expectations and undermines the FX anchor. It also affects expected inflation.

### How is a high spread closed?

Three historical paths: (1) devaluing the official rate, (2) restrictions that increase the cost of the parallel rate, (3) USD inflows (harvest, IMF, exports) that appreciate the free rate. FX unification combines all three.

## Related pages

- [Blue dollar](https://rueda.live/en/dolar/blue) — machine-readable: https://rueda.live/en/dolar/blue.md
- [MEP dollar](https://rueda.live/en/dolar/mep) — machine-readable: https://rueda.live/en/dolar/mep.md
- [CCL dollar](https://rueda.live/en/dolar/ccl) — machine-readable: https://rueda.live/en/dolar/ccl.md
- [Official dollar](https://rueda.live/en/dolar/oficial) — machine-readable: https://rueda.live/en/dolar/oficial.md
- [Card dollar](https://rueda.live/en/dolar/tarjeta) — machine-readable: https://rueda.live/en/dolar/tarjeta.md

## Disclaimer

Data is fetched from public third-party APIs (dolarapi.com, argentinadatos.com). Prices are for information only and do not constitute financial advice. Always verify at the authoritative source before acting on them.