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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:
After most of Europe switched to the gold standard in the 1870s the gold peso substantially rose in value against the silver peso, until it became 2 silver pesos to a gold peso or a gold peso dollar by 1900. In 1905 the peso was solely defined as 0.75 g fine gold. From 1918 onward the weight and fineness of all the silver coins declined, until ...
From 1905 to 1917, the Danish West Indies used the bit as part of its currency system. In 1904, two new currency denominations were introduced: the bit and francs which were overlaid on the old cent and daler denominations. The four units were related as 5 bits = 1 cent, 100 bits = 20 cents = 1 franc, 100 cents = 5 francs = 1 daler. [6]
The peso is the monetary unit of several Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word peso translates to "weight". In most countries of the Americas, the symbol commonly known as dollar sign, "$", was originally used as an abbreviation of "pesos" and later adopted by the ...
The old piece of eight was valued at 10 reales of the new silver coin. The new 8-real coin was known as peso sencillo, the old piece of eight as peso fuerte. Foreign exchange was quoted in pesos de cambio, based on the old piece of eight, which continued to be produced in America. After this, the monetary systems of Spain and of Spanish America ...
The real was a currency of Mexico, issued until 1897. [1] There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales. The first reales issued in Mexico were Spanish colonial reales. These were followed in 1822 by independent issues of ...
In 1959, Spain became part of the Bretton Woods System, pegging the peseta at a value of Pts 60 = US$1. In 1967, the peseta followed the devaluation of sterling, maintaining the exchange rate of Pts 168 = £1 stg. and establishing a new rate of Pts 70 = US$1. High inflation was constant in Spain from the Civil War until the 1990s. After one ...
The first coin issues in 1862 were a provisional copper coinage in denominations of 1, 2, 4 and 8 pesos. This was followed between 1869 and 1871 by a cupro-nickel coinage in denominations of 1 ⁄ 8, 1 ⁄ 4, 1 ⁄ 2 and 1 real. Silver 5, 10, 25 and 50 centavos and gold 1 peso coins were introduced that in 1871 following decimalization.