Convert United States Dollar to Argentine Peso
Please provide values below to convert United States Dollar [USD] to Argentine Peso [ARS], or Convert Argentine Peso to United States Dollar.
How to Convert United States Dollar to Argentine Peso
1 USD = 0.000789783362423687 ARS
Example: convert 15 USD to ARS:
15 USD = 15 × 0.000789783362423687 ARS = 0.0118467504363553 ARS
United States Dollar to Argentine Peso Conversion Table
| United States Dollar | Argentine Peso |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.