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The Argentine peso has been through a rollercoaster of a ride in recent years. The exchange rate has fluctuated wildly, making it difficult to know what to expect.
One thing is for sure: the peso has been losing value against the US dollar. According to recent data, the exchange rate is around 70 pesos per dollar.
This means that if you're traveling to Argentina, you'll need to exchange a significant amount of money to get the same amount in pesos. For example, if you want to withdraw 100 dollars, you'll get around 7,000 pesos.
The inflation rate in Argentina is also a major concern, with prices rising rapidly over the past few years. In fact, the inflation rate has been averaging around 50% per year.
Dólar y Cotizaciones
The peso argentino is still a volatile currency, moving with little stability alongside existing restrictions and the central bank's regulation.
The peso colombiano, on the other hand, has seen a significant devaluation of 2.90% in just one day.
This devaluation was triggered by the peso colombiano's tendency to drop after the dollar reached its highest point of $4.153.
The peso argentino's value is expected to decrease further, as the inflation rate is projected to be 4.9% in May.
The peso argentino has lost some of its appeal as a safe-haven asset, which was its main attraction for decades.
The peso colombiano, however, was the emerging currency that appreciated the most against the dollar, with an increase of 2.90% in one day.
In fact, it was the second-best performing currency in the world, after the Afghan afghani.
The peso argentino is the weakest currency in the world, according to Bank of America's strategists.
The peso paralelo, or blue-chip swap, plummeted by over 13% this week, reaching a historic low of $484.
The peso argentino's value is expected to continue its downward trend, with a projected 3.7% contraction in the country's GDP in 2024.
Conversión de Divisas
The peso argentina is a currency that's constantly fluctuating in value, and keeping track of the latest exchange rates can be a challenge. You can use a free app to convert currencies, such as one that tracks exchange rates in real-time and compares the best providers for money transfers.
One of the most recent exchange rates for euros to pesos argentinos is 1.072,5, according to the latest value registered in the international market of currencies. This rate is updated every 60 seconds.
To give you a better idea of the exchange rates, here are some common conversions: Amount (EUR)Equivalent in ARS11072,51010725100107253
These conversions can help you understand the current value of the peso argentina compared to the euro.
Conversión de Divisas
You can easily convert currencies with our app, which is free and ad-free. It also tracks exchange rates in real-time and compares the best money transfer providers.
Our app allows you to convert Argentine Pesos (ARS) to Mexican Pesos (MXN) and vice versa. For example, 1 ARS is equal to 0.01995 MXN, while 100 ARS is equal to 19.95280 MXN.
The current exchange rate for EUR to ARS is 1.072,5, which means that 1 euro is equivalent to 1.072,5 pesos argentinos. You can also convert ARS to EUR, where 1 ARS is equal to 0.0009 euros.
To give you an idea of the fluctuations in the exchange rate, the maximum value of 1 euro to ARS was 1.084,8 pesos argentinos on 05.11.2024, while the minimum value was 9.2191 pesos argentinos on 15.03.2015.
Here's a table showing the exchange rates for EUR to ARS with common amounts:
Monedas y Billetes
The peso argentino is the official currency of Argentina, divided into 100 centavos. You might be surprised, but the peso argentino is actually used in Argentina, not to be confused with the peso used in other countries.
Monedas, or coins, are a vital part of the peso argentino system. You can find coins in denominations of 5, 10, 25, 50 centavos, and 1 peso.
Billetes, or banknotes, are another essential component of the peso argentino system. You can find banknotes in denominations of 2, 5, 10, 20, 50, and 100 pesos.
The Banco Central de la República Argentina is the bank responsible for issuing pesos in Argentina. I've heard that their headquarters is located in the heart of Buenos Aires, a bustling city in Argentina.
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Frequently Asked Questions
¿Cuánto es 1 dólar en Argentina en 2024?
En 2024, 1 dólar estadounidense equivalía a aproximadamente 1030,69 pesos argentinos, el tipo de cambio más alto del año
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