Convert Chinese Yuan to Argentine Peso
Please provide values below to convert Chinese Yuan [CNY] to Argentine Peso [ARS], or Convert Argentine Peso to Chinese Yuan.
How to Convert Chinese Yuan to Argentine Peso
1 CNY = 0.00566582686369129 ARS
Example: convert 15 CNY to ARS:
15 CNY = 15 × 0.00566582686369129 ARS = 0.0849874029553693 ARS
Chinese Yuan to Argentine Peso Conversion Table
| Chinese Yuan | Argentine Peso |
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Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.