Convert Bulgarian Lev to Argentine Peso
Please provide values below to convert Bulgarian Lev [BGN] to Argentine Peso [ARS], or Convert Argentine Peso to Bulgarian Lev.
How to Convert Bulgarian Lev to Argentine Peso
1 BGN = 0.00131704273517774 ARS
Example: convert 15 BGN to ARS:
15 BGN = 15 × 0.00131704273517774 ARS = 0.0197556410276661 ARS
Bulgarian Lev to Argentine Peso Conversion Table
| Bulgarian Lev | Argentine Peso |
|---|
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.