Convert Argentine Peso to Uruguayan Peso
Please provide values below to convert Argentine Peso [ARS] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Argentine Peso.
How to Convert Argentine Peso to Uruguayan Peso
1 ARS = 31.4186883838421 UYU
Example: convert 15 ARS to UYU:
15 ARS = 15 × 31.4186883838421 UYU = 471.280325757632 UYU
Argentine Peso to Uruguayan Peso Conversion Table
| Argentine Peso | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.