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USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
In 1992 a new peso (ISO 4217: ARS) was introduced, referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso to 1 U.S. dollar, and for every peso convertible circulating, there was a US dollar in the Central Bank's foreign currency reserves. It replaced the austral at a rate of 1 peso = 10,000 ...
The key currency generally refers to a world currency, which is widely used for pricing, settlement, reserve currency, freely convertible, and internationally accepted currency. Cross rate: After the basic exchange rate is worked out, the exchange rate of the local currency against other foreign currencies can be calculated through the basic ...
The US dollar jumped against the Canadian dollar and Mexican peso. Meanwhile, international stocks slid on fears of a widening trade war, with European, Japanese, and South Korean indexes falling ...
On a longer time frame, as governments carry higher debt and higher deficit, leading to more monetary debasement, Bitcoin holds relative value to the dollar, as is evident in Bitcoin's long term ...
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The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
In 2024, the Argentinian Peso appreciated by 44.2% against the dollar, outperforming all other currencies. In contrast, the second best performing currency against the dollar is the Lira, which gained 21.2%, less than half of the Peso's increase. These actions aimed to stabilize an economy teetering on the brink of hyperinflation.