Convert Argentine Peso to Moroccan Dirham
Please provide values below to convert Argentine Peso [ARS] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Argentine Peso.
How to Convert Argentine Peso to Moroccan Dirham
1 ARS = 140.555931751829 MAD
Example: convert 15 ARS to MAD:
15 ARS = 15 × 140.555931751829 MAD = 2108.33897627743 MAD
Argentine Peso to Moroccan Dirham Conversion Table
| Argentine Peso | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.