Convert Argentine Peso to Somali Shilling
Please provide values below to convert Argentine Peso [ARS] to Somali Shilling [SOS], or Convert Somali Shilling to Argentine Peso.
How to Convert Argentine Peso to Somali Shilling
1 ARS = 2.2157547359336 SOS
Example: convert 15 ARS to SOS:
15 ARS = 15 × 2.2157547359336 SOS = 33.2363210390039 SOS
Argentine Peso to Somali Shilling Conversion Table
| Argentine Peso | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.