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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:
Full convertibility with the U.S. dollar became jeopardized upon implementation of exchange rate controls that provided a preferential exchange rate for exports. The currency board was allowed to hold up to one-third of its dollar-denominated reserves in the form of bonds issued by the government of Argentina. It acted as lender of last resort ...
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
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.
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.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
Argentina's monetary base of cash in circulation and deposits is 6.15 trillion pesos, around $17.5 billion at the official exchange, central bank data show. At widely-used parallel exchange rates ...
This infobox shows the latest status before this currency was rendered obsolete. 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