Convert Icelandic Króna to Argentine Peso
Please provide values below to convert Icelandic Króna [ISK] to Argentine Peso [ARS], or Convert Argentine Peso to Icelandic Króna.
How to Convert Icelandic Króna to Argentine Peso
1 ISK = 0.0961257177156306 ARS
Example: convert 15 ISK to ARS:
15 ISK = 15 × 0.0961257177156306 ARS = 1.44188576573446 ARS
Icelandic Króna to Argentine Peso Conversion Table
Icelandic Króna | Argentine Peso |
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Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.