Convert Argentine Peso to Brazilian Real
Please provide values below to convert Argentine Peso [ARS] to Brazilian Real [BRL], or Convert Brazilian Real to Argentine Peso.
How to Convert Argentine Peso to Brazilian Real
1 ARS = 227.442069337165 BRL
Example: convert 15 ARS to BRL:
15 ARS = 15 × 227.442069337165 BRL = 3411.63104005748 BRL
Argentine Peso to Brazilian Real Conversion Table
| Argentine Peso | Brazilian Real |
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.