FX Oracle for Latin America's Currency Reality
High-inflation currencies, dollarization tracking, and on-chain data for 6 LatAm currencies. Built for the complexity that global oracles ignore.
AFXO delivers accurate FX data for markets where a single "official" rate doesn't reflect reality.
Where Generic Infrastructure Fails
Standard FX data providers treat Latin American currencies as simple pairs— but the reality involves parallel markets, capital controls, and inflation that can invalidate prices within hours.
Dollarization Complexity
Argentina's parallel markets create multiple exchange rates—official, MEP, CCL, and the infamous blue dollar. Generic oracles report one rate; real transactions happen at others.
High-Inflation Volatility
BRL and ARS can move 5%+ in a single day during turbulent periods. Standard daily FX updates aren't enough—high-frequency data is essential for accurate pricing.
Remittance Corridors
USD to MXN is the largest remittance corridor globally. USD to BRL and USD to COP follow. These flows require corridor-aware pricing that reflects actual settlement costs.
Currency Controls
Argentina's capital controls create multiple official exchange rates. Brazil's IOF tax affects FX transactions. Understanding these constraints is critical for accurate pricing.
Major Remittance Corridors
Latin America receives over $150B in annual remittances. These corridors drive real money movement—and require pricing that reflects actual settlement costs.
LatAm Currency Coverage
6 Latin American currencies covering the region's largest economies. Part of AFXO's global 50+ currency coverage including Africa, Asia, and G10.
Largest LatAm economy, commodity-linked
Most traded EM currency globally
Multiple rates, blue dollar tracking
Remittance-heavy, oil-linked
Copper-linked, stable economy
Dollarized economy, mining flows
Argentina: Beyond the Official Rate
Argentina's currency regime creates multiple parallel exchange rates. The official rate, the MEP (stock market rate), the CCL (contado con liqui), and the blue dollar (informal market) can diverge by 100%+.
Generic FX oracles report a single rate that doesn't reflect any real transaction. AFXO provides the context needed to understand which rate applies to your use case.
View ARS CoverageArgentine Peso Exchange Rates
Illustrative spread between rates (can exceed 100% divergence)
Economic Intelligence for LatAm Currencies
Every AFXO feed includes economic intelligence signals: inflation trends, central bank policy changes, capital control indicators, and parallel market divergence. Not just rates—context.
From Argentina's multiple rate regimes to Brazil's IOF tax impacts, LatAm FX requires understanding the macro context behind the numbers.
Explore Economic IntelligenceIntelligence Signals by Currency
Real-time intelligence signals included with authenticated API access
Who Uses AFXO in Latin America
From remittance providers serving diaspora communities to DeFi protocols building LatAm stablecoins.
Remittance Providers
Processing USD to MXN, BRL, and COP flows. Pricing accuracy directly impacts margins in the world's largest remittance corridors.
View use casesDeFi Protocols
Building stablecoins, lending products, or DEXs serving LatAm markets. Need on-chain FX data that reflects market reality, not just official rates.
View use casesCross-Border Commerce
Mexico-US trade settlement, Brazil e-commerce exports, and regional B2B payments require reliable FX for invoicing and settlement.
View use casesPowered By
AFXO is built on Avalanche C-Chain as our canonical source of truth. Sub-second finality, low fees, and enterprise-grade infrastructure for institutional FX data delivery across Latin American markets.
Ready to Build?
Technical documentation, API access, and pricing are available on our global platform. Start with our sandbox tier—no commitment required.
Commercial access via afxo.ai pricing plans