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

942

2026-09-24 : 942

Daily Variation

+0.7%

2026-09-23 : 935

Monthly Variation

+1.6%

2026-08-24 : 927

Annual Variation

-10.9%

2025-09-24 : 1056.7359

2-Year Variation

+21.8%

2024-09-24 : 773.3666

3-Year Variation

+297.2%

2023-09-24 : 237.1883

5-Year Variation

+1272.1%

2021-09-24 : 68.6551

10-Year Variation

+4244.6%

2016-09-24 : 21.6822

USD

Last

1560

2026-09-25 : 1560

Daily Variation

+0.0%

2026-09-24 : 1560

Monthly Variation

-0.3%

2026-08-25 : 1565

Annual Variation

+11.0%

2025-09-25 : 1405

2-Year Variation

+25.8%

2024-09-25 : 1240

3-Year Variation

+109.4%

2023-09-25 : 745

5-Year Variation

+738.7%

2021-09-25 : 186

10-Year Variation

+9823.7%

2016-09-25 : 15.72

Official USD

Last

1528.7563

2026-09-28 : 1528.7563

Daily Variation

+0.3%

2026-09-27 : 1523.9662

Monthly Variation

+1.0%

2026-08-28 : 1513.0352

Annual Variation

+14.8%

2025-09-28 : 1332

2-Year Variation

+57.5%

2024-09-28 : 970.58

3-Year Variation

+336.8%

2023-09-28 : 350.03

5-Year Variation

+1449.2%

2021-09-28 : 98.68

10-Year Variation

+9885.3%

2016-09-28 : 15.31

Variations Chart

Difference between USD and Official USD

Related Reports