Convert Argentine Peso to Australian Dollar
Please provide values below to convert Argentine Peso [ARS] to Australian Dollar [AUD], or Convert Australian Dollar to Argentine Peso.
How to Convert Argentine Peso to Australian Dollar
1 ARS = 827.995030081088 AUD
Example: convert 15 ARS to AUD:
15 ARS = 15 × 827.995030081088 AUD = 12419.9254512163 AUD
Argentine Peso to Australian Dollar Conversion Table
Argentine Peso | Australian Dollar |
---|
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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.