Monetary Base Divided by International Reserves and Dollar Exchange Rate
The following report is obtained by dividing the daily value of the Monetary Base by the International Reserves, a value known as the Shadow Dollar. This indicator is used as a reference to estimate the implicit exchange rate that would balance the money supply with available reserves.
Monetary Base Divided by International Reserves and Dollar Exchange Rate
Values expressed in Pesos
Variations
Monetary Base / International Reserves
Last
934
2026-11-03 : 934
Daily Variation
-0.2%
2026-11-02 : 936
Monthly Variation
-1.2%
2026-10-03 : 945
Annual Variation
-8.1%
2025-11-03 : 1015.9938
2-Year Variation
+9.1%
2024-11-03 : 856.2353
3-Year Variation
+165.6%
2023-11-03 : 351.598
5-Year Variation
+1198.3%
2021-11-03 : 71.9407
10-Year Variation
+4884.9%
2016-11-03 : 18.7367
USD
Last
1555
2026-11-06 : 1555
Daily Variation
+0.0%
2026-11-05 : 1555
Monthly Variation
+0.3%
2026-10-06 : 1550
Annual Variation
+8.0%
2025-11-06 : 1440
2-Year Variation
+37.0%
2024-11-06 : 1135
3-Year Variation
+68.1%
2023-11-06 : 925
5-Year Variation
+681.4%
2021-11-06 : 199
10-Year Variation
+9984.3%
2016-11-06 : 15.42
Official USD
Last
1545.3974
2026-11-05 : 1545.3974
Daily Variation
-0.2%
2026-11-04 : 1548.4941
Monthly Variation
+1.7%
2026-10-05 : 1519.2481
Annual Variation
+6.8%
2025-11-05 : 1447.5
2-Year Variation
+55.4%
2024-11-05 : 994.75
3-Year Variation
+341.5%
2023-11-05 : 350.03
5-Year Variation
+1446.2%
2021-11-05 : 99.95
10-Year Variation
+10154.8%
2016-11-05 : 15.07