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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:
Argentina's currency board established a fixed pegging of one-to-one parity between the peso and the U.S. dollar. It also guaranteed full convertibility of pesos into U.S. dollars. The government hoped to establish local and international credibility in the peg and to limit the amount of local control over monetary and fiscal policy.
The rate gradually worsened; on 29 July 2022 one U.S. dollar was quoted at 131.22 pesos at the official rate and 298 pesos, 2.27 times higher (+127%), in unregulated markets. [13] By September 2023, the official exchange rate had reached 350 pesos to the dollar, and over 720 pesos on unregulated markets. [14]
Javier Milei has won Argentina’s presidential election on a ticket to overhaul South America’s number two economy and ditch its peso currency in favor of the US dollar.
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.
The use of dollars for tourism received more limits a couple of months later: people would only receive the local money of the country that they visited, and only 7 days before the trip. [ 2 ] By 2014, following Cristina Fernández de Kirchner use of central bank reserves to prop up the peso , the country had very low foreign reserves and a ...
Eastern Caribbean dollar: EC$ XCD Cent: 100 Antigua and Barbuda: Eastern Caribbean dollar: EC$ XCD Cent: 100 Argentina: Argentine peso $ ARS Centavo: 100 Armenia: Armenian dram ֏ AMD Luma: 100 Aruba: Aruban florin: ƒ AWG Cent: 100 Ascension Island: Saint Helena pound £ SHP Penny: 100 Australia: Australian dollar $ AUD Cent: 100 Austria: Euro ...
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 austral was the currency of Argentina between June 15, 1985, and December 31, 1991.