Convert Argentine Peso to Armenian Dram
Please provide values below to convert Argentine Peso [ARS] to Armenian Dram [AMD], or Convert Armenian Dram to Argentine Peso.
How to Convert Argentine Peso to Armenian Dram
1 ARS = 3.29686267259988 AMD
Example: convert 15 ARS to AMD:
15 ARS = 15 × 3.29686267259988 AMD = 49.4529400889981 AMD
Argentine Peso to Armenian Dram Conversion Table
| Argentine Peso | Armenian Dram |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.