Argentine Peso Wiki
The peso (established as the peso convertible) is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies. It is subdivided into 100 centavos. Its ISO 4217 code is ARS. The Argentine currency has experienced severe inflation, with periods of hyperinflation, since the mid-20th century, with periodic change of the currency to a new version at a rate ranging from 100:1 to 10,000:1. The peso introduced in 1992 was worth 10,000,000,000,000 (ten trillion) of the pesos in use until 1970. Since the early 21st century, the Argentine peso has experienced a substantial rate of devaluation, reaching over 51% year-on-year inflation rate in 2021. The official exchange rate for the United States dollar commenced at 1:1 at the peso's introduction in 1992; it then hovered around 3:1 from 2002 to 2008, before climbing from 6:1 to 10:1 between 2009 and 2015. The value gradually decreased, the US dollar being worth 131 ARS at the official rate and 298 ARS at the unregulated rate in July 2022. With currencyconverts.com you can convert Argentine Peso (AR$) to any other foreign currency. To convert a certain amount of Argentine Peso use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Argentine Peso is calculated from mid-market real price and updates daily. Usually people search for ARS exchange rate before business travel to Argentina, or during trip to other countries and want to check rate of Argentine Peso in local money. On this page you can convert Argentine Peso to main foreign currencies, get fast access to most used amounts of ARS or aether calculate any amount of Argentine Peso in other fiat money.