Convert Canadian Dollar to Argentine Peso
Please provide values below to convert Canadian Dollar [CAD] to Argentine Peso [ARS], or Convert Argentine Peso to Canadian Dollar.
How to Convert Canadian Dollar to Argentine Peso
1 CAD = 0.00107607983130227 ARS
Example: convert 15 CAD to ARS:
15 CAD = 15 × 0.00107607983130227 ARS = 0.0161411974695341 ARS
Canadian Dollar to Argentine Peso Conversion Table
| Canadian Dollar | Argentine Peso |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.