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:
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
Official USD (blue) and black market USD (orange) from January 2011 to January 2016. [1] The first restrictions were imposed on October 31, 2011. The Tax and Customs Authority, AFIP, required that individuals and businesses who sought to buy dollars request permission, which may depend of the financial status of the buyer. However, the ...
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.
Since 2019, Argentina's peso currency has been kept artificially strong by strict capital controls which create a wide gap between the official exchange rate of 366 per dollar and parallel rates ...
A parallel, "blue" exchange market - a fixture of Argentine finance in the 1970s and '80s - reemerged when foreign exchange controls were tightened in 2012; it similarly stabilized at around 13 pesos when controls were eased in 2014. [25]
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 ley 18.188 (ARY; unofficially ARL; peso ley dieciocho mil ciento ochenta y ocho), usually known as either peso or, to distinguish ...
The strong, fixed exchange rate turned the trade balance to a cumulative US$22 billion in deficits between 1992 and 1999. [131] Unable to devalue, Argentina could only become more competitive if prices fell. [94] Deflation came from recession, falling wages and rising unemployment. [94] Interest rates remained high, with banks lending dollars ...