Convert Argentine Peso to Peruvian Nuevo Sol
Please provide values below to convert Argentine Peso [ARS] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Argentine Peso.
How to Convert Argentine Peso to Peruvian Nuevo Sol
1 ARS = 355.895662928296 PEN
Example: convert 15 ARS to PEN:
15 ARS = 15 × 355.895662928296 PEN = 5338.43494392445 PEN
Argentine Peso to Peruvian Nuevo Sol Conversion Table
| Argentine Peso | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.