Argentina's Present Currency on Monday, July 28 (EURO)
The European currency, the euro, has witnessed a significant strengthening against the US dollar in 2025. As of mid-year, the EUR/USD rate has risen approximately 12%, moving from a low near 1.0257 in January to highs above 1.18.
In the last five trading days, the euro has remained stable with a variation of less than 1 percent. On July 28, the euro was trading at $1.155–1.16 for purchase and $1.16–1.17 for sale. The euro's value remained stable compared to the previous day.
The euro's quotation on July 28 is higher than it was at the start of the year, marking a gain of approximately 11.5–13.9% versus the dollar year-to-date. The average in the year so far has been around $1.10.
The strengthening of the euro is supported by improving eurozone sentiment, narrowing interest rate differentials, and ongoing dollar weakness. The European Central Bank (ECB) has cut its interest rate to 2.15%, while the Federal Reserve (Fed) has held its rate at 4.5%.
Regarding the comparison to official and blue dollar rates, no direct official blue dollar quotes were found for the EUR/USD rate. The "official" exchange rate refers to the EUR/USD rate published by the ECB and market reference rates used globally, which was around 1.16–1.18 in July 2025. The "blue dollar" rate is typically an informal parallel market rate seen in countries like Argentina, where the official currency differs significantly from the black market rate. Since blue dollar rates apply to currencies like the Argentine peso versus the US dollar, this concept does not directly apply to the EUR/USD rate internationally.
Interestingly, in the local market, the blue dollar's purchase quotation is higher than the official dollar's sale quotation. The official dollar's quotation for sale is $1305.11, while the blue dollar's quotation for purchase is $1295.00. Conversely, the blue dollar's quotation for sale is $1315.00, which is $59.89 higher than the official dollar's sale quotation. The blue dollar's value is 2.79% higher than the official dollar according to the Central Bank.
In summary, the euro has seen a strong upward trend against the dollar in 2025, driven by macroeconomic factors and central bank policies, with the official EUR/USD quoted near 1.16. No blue dollar equivalent exists for the euro-dollar pair. Analyst forecasts expect the euro to remain strong, potentially approaching 1.20 by the end of 2025.
Despite the growth in the euro's value against the US dollar, affecting the lifestyle and finance of eurozone residents, there is no conventional blue dollar market for the euro-dollar pair. Consequently, financial analysts predict that the euro could further strengthen, potentially reaching 1.20 against the US dollar by the end of 2025, thus significantly impacting the region's lifestyle and finance.
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