Currency Rate Argentinian Pesos to USD
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The Argentine peso (symbol: $; code: ARS) is the official currency of Argentina. It was introduced as the official currency in the 20th century.
Buying rate
ARS 0.000426
Selling rate
ARS0.001309
The Argentine Peso (ARS) is the official currency of Argentina, represented by the "$" sign. Established in its current form in 1992, it replaced the Argentine austral. This change marked Argentina's economic stabilization efforts, aiming to foster growth and stability after a period of high inflation and currency devaluation
Currency Details
Symbol: $
ISO Code: ARS
Subunits: 1 Peso = 100 centavos
Banknotes and Coins
The ARS is available in both coins and banknotes:
Coins:
1 centavo
5 centavos
10 centavos
25 centavos
50 centavos
1 peso
Banknotes:
2 pesos
5 pesos
10 pesos
20 pesos
50 pesos
100 pesos
The banknotes and coins of the ARS feature unique designs, showcasing Argentina's rich history, cultural diversity, and natural landscapes.
History and Background
The Argentine Peso has been the official currency of Argentina since the 19th century. It replaced the Spanish colonial real and has undergone several changes throughout its history, including periods of instability and hyperinflation. Despite economic challenges, the peso remains an integral part of Argentina's identity and economy.
Economic Significance
The ARS is pivotal to Argentina's economy, facilitating domestic transactions, international trade, and financial activities ranging from everyday purchases to significant investments. Argentina has a diverse economy, with sectors such as agriculture, manufacturing, and services contributing to its growth. The stability and value of the peso are influenced by factors like government policies, inflation rates, and global market conditions.
Usage and Exchange
The ARS is widely accepted across Argentina for various transactions. Foreign currency exchange services are available at banks, exchange bureaus, and airports throughout the country. Major credit cards are also commonly used, particularly in urban areas and tourist destinations.
Conclusion
The Argentine Peso symbolizes more than just a currency; it reflects Argentina's complex history, cultural heritage, and economic resilience. Understanding the ARS is essential for navigating Argentina's dynamic economy and diverse society. The peso's stability and accessibility contribute to Argentina's economic development and its integration into the global marketplace.
Currency Details
Symbol: $
ISO Code: ARS
Subunits: 1 Peso = 100 centavos
Banknotes and Coins
The ARS is available in both coins and banknotes:
Coins:
1 centavo
5 centavos
10 centavos
25 centavos
50 centavos
1 peso
Banknotes:
2 pesos
5 pesos
10 pesos
20 pesos
50 pesos
100 pesos
The banknotes and coins of the ARS feature unique designs, showcasing Argentina's rich history, cultural diversity, and natural landscapes.
History and Background
The Argentine Peso has been the official currency of Argentina since the 19th century. It replaced the Spanish colonial real and has undergone several changes throughout its history, including periods of instability and hyperinflation. Despite economic challenges, the peso remains an integral part of Argentina's identity and economy.
Economic Significance
The ARS is pivotal to Argentina's economy, facilitating domestic transactions, international trade, and financial activities ranging from everyday purchases to significant investments. Argentina has a diverse economy, with sectors such as agriculture, manufacturing, and services contributing to its growth. The stability and value of the peso are influenced by factors like government policies, inflation rates, and global market conditions.
Usage and Exchange
The ARS is widely accepted across Argentina for various transactions. Foreign currency exchange services are available at banks, exchange bureaus, and airports throughout the country. Major credit cards are also commonly used, particularly in urban areas and tourist destinations.
Conclusion
The Argentine Peso symbolizes more than just a currency; it reflects Argentina's complex history, cultural heritage, and economic resilience. Understanding the ARS is essential for navigating Argentina's dynamic economy and diverse society. The peso's stability and accessibility contribute to Argentina's economic development and its integration into the global marketplace.
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