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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:
Afterwards, it went from a 3:1 exchange rate with the US dollar in 2003 to 178:1 in early 2023. On 14 August 2023, the official exchange rate was fixed at ARS$350 to one US dollar; the unregulated rate valued the peso at ARS$665 to one US dollar. [5] On 15 November 2023, the crawling peg was restored. [6] USD/Argentine Peso exchange rate
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 ...
The official FX rate will be fixed at 350 pesos per dollar until the October elections, the central bank said. The parallel informal peso dropped near 10% to a record low of 675 per dollar before ...
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.
After Eduardo Duhalde assumed the presidency, US denominated debt and deposits were forcibly exchanged for Argentine pesos at 1.4 pesos per dollar for deposits and 1.0 for debt. The exchange rate spiked to 4 ARS/USD.
A chainsaw-wielding, self-professed “anarcho-capitalist” is now one step closer to overhauling Argentina’s beleagured economy — by throwing out the nation’s peso currency and adopting ...
The government also continues to set the exchange rate: Having shelved Milei’s campaign pledge to dollarize the economy, it devalued the peso by 54% against the US dollar last December and then ...