Western Union money transfer

[retiredbanker]

WU rate fast approaching 1600 which means prices will rise on many items.

 

[SlowWalker]

WU rate fast approaching 1600 which means prices will rise on many items.

CCL is 1603. I think that is the rate that Western Union tracks.

 

[Caribbean Cool]

CCL is 1603. I think that is the rate that Western Union tracks.

1596

 

[LuckyLuke]

WU rate fast approaching 1600 which means prices will rise on many items.

You lost me. A more favorable USD rate will reduce costs for expats earning in dollars. This economy divorced itself a long time ago from pricing items against the blue-rate, as evidenced by an IPC far in excess of dollar appreciation.

 

[Val555]

You lost me. A more favorable USD rate will reduce costs for expats earning in dollars.

only if everything else stays the same, which ofc it won't.

 

[carride]

It is better to watch the Canje which is the spread between the CCL and MEP. That is where the arbitrage which WU is taking advantage is based. When the spread is low, WU gives less pesos. Depending on need it is better to not use western union compared to doing the conversion to MEP or pesos yourself. At your brokerage, not your Argentina bank. Often you get more MEP dollars than what you sent from your foreign account, even after any fees. Which is much different than what you get from WU after fees.

En Argentina no existe un solo dólar. Conocé las diferencias entre el MEP y el CCL y cómo impactan en tus decisiones de inversión.

En Argentina no existe un solo dólar. Conocé las diferencias entre el MEP y el CCL y cómo impactan en tus decisiones de inversión.

balanz-com.translate.goog

This chart script describes it better than me, and made available for you to use in your analysis on your own charts

Canje & Prima Ley NY/ARG — Indicator by EcoValores

Argentina Bonds — Canje & NY Law / ARG Law Premium SHORT DESCRIPTION: Tracks the Canje spread (Cable vs MEP dollar) and the NY Law / ARG Law premium between Globales and Bonares. Vertical lines on bond payment dates (rent + capital). --- FULL DESCRIPTION: Time-series indicator that tracks...

www.tradingview.com

1. CANJE (%)
The spread between Dólar Cable and Dólar MEP, calculated as:
(AL30D / AL30C − 1) × 100
AL30D is the Bonar 30 priced in USD MEP, and AL30C is priced in USD Cable (CCL). A positive value means cable dollars trade at a premium over MEP dollars. This captures the cost of converting MEP USD into Cable USD via bond arbitrage.