Search results
Results from the WOW.Com Content Network
The peso (established as the peso convertible) is the currency of Argentina since 1992, identified within Argentina by the symbol $ preceding the amount in the same way as many countries using peso or dollar currencies.
The peso ley replaced the peso moneda nacional at a rate of 100 to 1. It was itself replaced by the peso argentino at a rate of 10,000 to 1. The history of the various successive Argentine currencies called peso is detailed in the article on the Argentine peso .
The rate changed to 1.71 pesos = 1 dollar in 1931, then to 3 pesos = 1 dollar in 1933. Between 1934 and 1939, the peso was pegged to sterling at a rate of 15 pesos = £1 stg (1 peso = 1s. 4d. stg). High inflation in the post-war period lead to the introduction of the peso ley 18.188 in 1970 at the rate of 100 pesos moneda nacional = 1 peso ley.
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 ...
Argentina's troubled peso currency is at risk of suffering another devaluation after October's presidential election or a potential second round in November, a Reuters poll of strategists found.
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 dollar sign, also known as the peso sign, is a currency symbol consisting of a capital S crossed with one or two vertical strokes ($ or depending on typeface), used to indicate the unit of various currencies around the world, including most currencies denominated "dollar" or "peso".
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. It was subdivided into 100 centavos. The symbol ...