Calcular Plazo Fijo En Pesos

Plazo fijo is a fixed-term deposit offered by Argentine banks where you deposit money for a specific period and earn interest. This calculator helps you determine how much you'll earn from a plazo fijo in Argentine pesos (ARS).

How to use this calculator

Enter the amount you want to deposit, select the term in days, and choose the annual interest rate. The calculator will show you the total amount you'll receive at the end of the term, including the principal and interest earned.

For example, if you deposit $100,000 for 30 days at an annual rate of 40%, you'll earn approximately $1,333.33 in interest.

Formula used

The interest earned from a plazo fijo is calculated using the simple interest formula:

Interest = Principal × Rate × Time

Where:

Principal is the amount of money deposited
Rate is the annual interest rate (as a decimal)
Time is the term in years (days ÷ 365)

The total amount received is the sum of the principal and the interest earned.

Worked example

Let's calculate a plazo fijo with these details:

Principal: $100,000
Term: 30 days
Annual interest rate: 40%

First, convert the term to years: 30 ÷ 365 ≈ 0.0822 years

Convert the annual rate to a decimal: 40% = 0.40

Calculate the interest: $100,000 × 0.40 × 0.0822 ≈ $3,288.54

Total amount received: $100,000 + $3,288.54 = $103,288.54

Complete guide to plazo fijo

What is plazo fijo?

Plazo fijo is a type of fixed-term deposit offered by Argentine banks. It allows you to deposit money for a specific period (usually between 30 and 365 days) and earn interest on your deposit.

How plazo fijo works

When you open a plazo fijo, you agree to keep your money in the bank for a fixed period. In return, the bank pays you interest on your deposit. The interest rate is typically higher than a regular savings account but lower than a variable-rate deposit.

Benefits of plazo fijo

Fixed interest rate for the term
Guaranteed return on your money
No risk of market fluctuations
Can be used as collateral for loans

Risks of plazo fijo

Liquidity risk - you can't withdraw your money before the term ends
Interest rates may be lower than current market rates
Bank may not renew your plazo fijo if rates fall

How to choose the right plazo fijo

When selecting a plazo fijo, consider these factors:

Term length - Shorter terms offer more liquidity but lower interest
Interest rate - Compare rates from different banks
Bank reputation - Choose a bank with a good track record
Renewal options - Some banks automatically renew your plazo fijo

Plazo fijo vs. other deposit options

Compare plazo fijo with other deposit options in Argentina:

Option	Term	Interest Rate	Liquidity
Plazo fijo	Fixed (30-365 days)	Fixed (typically 40-60%)	Low (can't withdraw early)
Caja de ahorro	No term	Low (0.5-1%)	High (withdraw anytime)
Plazo variable	Fixed (30-365 days)	Variable (linked to market rates)	Low (can't withdraw early)

Frequently asked questions

What is the minimum amount for a plazo fijo?

The minimum amount varies by bank but is typically between $10,000 and $50,000.

Can I withdraw my money before the term ends?

No, plazo fijo is a fixed-term deposit and you can't withdraw your money before the term ends.

What happens if interest rates fall while my plazo fijo is active?

Some banks may not renew your plazo fijo if interest rates fall, while others may offer a lower rate. Check with your bank for their specific policy.

Is plazo fijo taxable in Argentina?

Yes, interest earned from plazo fijo is taxable in Argentina. You'll need to declare it on your tax return.