Convert Argentine Peso to Albanian Lek
Please provide values below to convert Argentine Peso [ARS] to Albanian Lek [ALL], or Convert Albanian Lek to Argentine Peso.
How to Convert Argentine Peso to Albanian Lek
1 ARS = 15.1825680515802 ALL
Example: convert 15 ARS to ALL:
15 ARS = 15 × 15.1825680515802 ALL = 227.738520773703 ALL
Argentine Peso to Albanian Lek Conversion Table
| Argentine Peso | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.