Search results
Results from the WOW.Com Content Network
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 ...
Argentina Laos Mauritania Mozambique Switzerland Solomon Islands South Sudan Tunisia Zambia ; Pegged exchange rate within horizontal bands (1) Morocco ; Other managed arrangement (12) Kuwait Syria Liberia Myanmar Sierra Leone Zimbabwe Kenya
Dollarization means Argentina would give up the peso and use the US dollar as its currency, effectively wresting control of monetary policy from the country’s central bank and handing it to the ...
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [1] While it initially met with considerable success, the board's actions ultimately failed. The peso was only pegged to the dollar ...
So far in 2023, the Argentine peso is down 50%. The Brazilian real and the Mexican peso, Latin America's top currencies, have gained 6.4% and nearly 12% respectively.
Argentina will devalue the peso by more than 50% as part of emergency measures to help the nation’s struggling economy, the country’s Economy Minister Luis Caputo announced Tuesday.
USD / Argentina Currency Exchange Rates *From January 1970 to May 1983: Pesos Ley 18188 *From June 1983 to May 1985: Peso Argentino *From June 1985 to December 1991: Australes Argentina inflation 1980-1993. The peso argentino was the currency of Argentina between June 1, 1983, and June 14, 1985.