Argentine Peso (ARS) to USD — Argentina Parallel Market Rate
By the ETCurrency rates deskUpdated hourly from P2P & exchange-market dataHow we calculate rates
As of June 6, 2026, one US dollar costs about 1,495 ARS on the Argentina parallel market, so the Argentine Peso is worth roughly $0.00067 each. In practical terms, 1,000 ARS ≈ $0.6689 and 100,000 ARS ≈ $66.89 at the street rate, versus the official Central Bank of Argentina (BCRA) rate of about 1,439 ARS per dollar.
Argentina's "dólar blue" exists because the cepo limits official dollar access — alongside financial rates like the MEP and CCL.
How much is the Argentine Peso worth in US dollars today?
Because the parallel market prices the dollar at about 1,495 ARS, you divide any Argentine Peso amount by that figure to get its dollar value. For example, 10,000 ARS ≈ $6.69, 50,000 ARS ≈ $33.44, and 1,000,000 ARS ≈ $668.9. At the official rate the same Argentine Peso would convert to slightly more dollars on paper — but only if you can actually access dollars at that rate.
This is why the parallel rate matters for anyone holding Argentine Peso: it shows the real, market-clearing dollar value rather than an official rate that may be hard to obtain.
Why the ARS to USD street rate differs from the bank
When you convert Argentine Peso to dollars at a bank, you get the official Central Bank of Argentina (BCRA) rate — if dollars are available. On the parallel market the dollar is dearer, driven by factors such as strict capital controls (the "cepo"), persistent high inflation, distrust of the peso, so each Argentine Peso fetches fewer dollars there.
Today that difference is a modest premium of roughly 4.2%. The larger this gap, the more the official rate overstates what your Argentine Peso is really worth in dollars.
Converting Argentine Peso to dollars safely
Use our converter to turn any Argentine Peso amount into USD at the live parallel rate, and compare it side by side with the official rate. Exchange-rate figures here are aggregated from P2P platforms, community reports and market monitoring, and refreshed hourly.
These rates are published for information and price-transparency only — they are not an offer to trade and are not legal or financial advice. Many countries require foreign-currency transactions to go through licensed channels, so confirm the rules in Argentina and use reputable providers before converting any Argentine Peso to dollars.