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:
The real was the currency of Argentina until 1881. From 1822, it was subdivided into 10 décimos . The sol was also issued during this period and was equal to the real, whilst the peso was worth 8 reales and the escudo was worth 16 reales.
The real started gaining in value more than the peso due to Brazil's slower build-up of dollar reserves; by 29 December 2009, a real was worth almost 2.2 pesos. [ 11 ] In December 2015, US dollar exchange restrictions were removed in Argentina following the election of President Mauricio Macri .
Argentine peso (1983–1985) Argentine peso ley; Argentine real; Argentine argentino; C. Casa de Moneda de la República Argentina; Crédito; G.
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".
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [1] While it initially met with considerable success, the board's actions ultimately failed. The peso was only pegged to the dollar ...
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
Over the course of two years, output fell by more than 15%, the Argentine peso lost three-quarters of its value, and registered unemployment exceeded 25%. [82] Income poverty in Argentina grew from 16.8% in October 1993, to an already high 25.9% in October 1998 (at the beginning of the recession), to 35.4% in October 2001, to a peak of 54.3% in ...