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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 ...
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.
In Paraguay, exchange offices have begun to reject Argentine pesos. Inflation surged 12.4% in August from July, the highest rate of monthly consumer price increases since February 1991.
In January 2002, the new president Eduardo Duhalde ordered his finance minister Jorge Remes Lenicov to repeal the Convertibility Law and adopt a new, provisional fixed exchange rate of 1.4 pesos to the dollar (a 29% devaluation) and the conversion of all the bank accounts denominated in dollars into pesos and its transformation in bonds ...
The 10,000 peso note is worth $11 at the country’s official exchange rate and $9 at the black market exchange rate. Across Argentina, hard currency — specifically, the country’s ubiquitous ...
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.
On 1 January 1992, a monetary reform replaced the austral with the peso at a rate of 10,000 australs for 1 peso. [130] The cornerstone of the reform process was a currency board, under which the peso was fixed by law at par to the dollar, and the money supply restricted to the level of hard-currency reserves.