MERVAL

The following is a table showing the annual maximum, minimum and annual closing values of MERVAL between 1989 and 2022. During that period, the index hit its minimum value in 2001, some time before the explosion of the economic crisis, but recovered in an accelerated fashion after that.^[5]

The index experienced its biggest one-day intraday loss in history on 12 August 2019, when the index plummeted 16,824.29 points or 37.93% following the Argentine peso devaluation and the defeat of Mauricio Macri in the primary elections.^[6]

On 7 July 2022, the index closed above 100,000 points for the first time. This is due to the Argentine economy experiencing chronic inflation, which causes the peso to lose substantial purchasing power in a short period of time. As a result, despite the high valuations Argentine stocks actually lost value in hard currency terms such as U.S. dollars over the long run.^[7]

As inflationary pressure has continued in Argentina, with the annual inflation rate exceeding 100% for the first time in more than three decades, the S&P MERVAL index went up by 360% in 2023.

Record values edit

• Bloomberg page for MAR
• Mercado de Valores de Buenos Aires
• Bolsar Archived 20 June 2006 at the Wayback Machine
• Historical chart^{[permanent dead link]}