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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:
In 1992 a new peso (ISO 4217: ARS) was introduced, referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso to 1 U.S. dollar, and for every peso convertible circulating, there was a US dollar in the Central Bank's foreign currency reserves. It replaced the austral at a rate of 1 peso = 10,000 ...
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 ...
The peso was initially pegged to the French franc at a rate of 1 peso = 5 francs. In 1883, when silver coins ceased production, the paper peso was set at a value of 2.2 francs or 638.7 mg gold. After a suspension in the gold standard from 1914, in 1927, a peg to the U.S. dollar was established of 2.36 pesos = 1 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.
10,000,000,000,000 Argentine peso moneda nacional (1914 - 1969) = just 1 peso from 2014. (or 16,700,000,000,000 Argentine peso moneda nacional of 1914 with the U.S. dollar as reference) you should take into consideration too that the current peso that started at 1992, back then the rate of exchange with the dollar was 1 peso = 1 dollar today 31 ...
Since 2019, Argentina's peso currency has been kept artificially strong by strict capital controls which create a wide gap between the official exchange rate of 366 per dollar and parallel rates ...
Argentina's black market peso currency opened 1.36% weaker to hit a record low 147 per U.S. dollar on Thursday, with an illiquid market registering continued nervousness over new capital controls ...