
Argentina's currency, the Argentine Peso, is a complex and ever-changing beast. The exchange rate for 1000 Argentine Pesos (ARS) can fluctuate significantly depending on the current market conditions.
In 2020, the exchange rate for 1000 ARS was approximately 2.50 USD, but by 2022, it had dropped to around 1.80 USD. This means that the value of the peso had decreased by about 28% in just two years.
If you're planning to travel to Argentina, it's essential to understand the current exchange rate to get the most out of your money. The exchange rate can vary depending on the bank or currency exchange service you use.
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Argentina Currency Overview
Argentina's official currency is the Argentine Peso (ARS), which is divided into 100 centavos.
The Argentine Peso is pegged to the US dollar, with a floating exchange rate.
The Central Bank of Argentina is responsible for managing the country's currency and monetary policy.
The peso has undergone several devaluations and revaluations over the years, with significant fluctuations in its value against the US dollar.
In 2002, Argentina experienced a severe economic crisis, leading to a sharp devaluation of the peso.
The government implemented a currency board system in 1991 to stabilize the currency, but it was eventually abandoned in 2002.
Currency Conversion
Currency conversion is a crucial aspect of navigating Argentina's economy. You can convert Argentine Peso to US Dollar, and the rate is approximately $0.953 for every 1,000 ARS.
The rate is not fixed, it fluctuates, but as of now, 1,010 ARS is equivalent to $0.962.
You can also convert US Dollar to Argentine Peso, and the rate is approximately $1,049,745.01 for every 1,000 USD.
For example, 980 USD is equivalent to $1,028,750.11 in ARS.
The conversion rates are as follows:
Similarly, you can convert the other way around, from USD to ARS, and the rates are as follows:
Exchange Rate Information
The current exchange rate for Argentine Pesos to US Dollars is $0.953 for every 1000 ARS, as of January 28th, 2025.
Over the past week, the exchange rate has fluctuated, with a high of $0.957 on January 25th and a low of $0.953 on January 27th and 28th.
You can find the current exchange rate by checking our currency converter, which also shows the changes in the rate over the past day, week, or month.
To give you a better idea of the exchange rate, here's a breakdown of the changes over the past few days:
Converting 980 ARS to USD gives you $0.934, while converting 990 ARS to USD gives you $0.943.
Sources
- https://en.numista.com/catalogue/note202151.html
- https://en.numista.com/catalogue/note206628.html
- https://ars.currencyrate.today/convert/amount-1000-to-usd.html
- https://www.moneycontrol.com/news/world/messi-on-1000-peso-bill-argentina-central-bank-officials-propose-jokingly-9746821.html
- https://wise.com/us/currency-converter/ars-to-usd-rate
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