Convert Argentine Peso to Canadian Dollar
Please provide values below to convert Argentine Peso [ARS] to Canadian Dollar [CAD], or Convert Canadian Dollar to Argentine Peso.
How to Convert Argentine Peso to Canadian Dollar
1 ARS = 929.299082568807 CAD
Example: convert 15 ARS to CAD:
15 ARS = 15 × 929.299082568807 CAD = 13939.4862385321 CAD
Argentine Peso to Canadian Dollar Conversion Table
Argentine Peso | Canadian Dollar |
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.