Convert Mexican Peso to Argentine Peso
Please provide values below to convert Mexican Peso [MXN] to Argentine Peso [ARS], or Convert Argentine Peso to Mexican Peso.
How to Convert Mexican Peso to Argentine Peso
1 MXN = 0.0147248789656997 ARS
Example: convert 15 MXN to ARS:
15 MXN = 15 × 0.0147248789656997 ARS = 0.220873184485496 ARS
Mexican Peso to Argentine Peso Conversion Table
| Mexican Peso | Argentine Peso |
|---|
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.