Convert Congolese Franc to Argentine Peso
Please provide values below to convert Congolese Franc [CDF] to Argentine Peso [ARS], or Convert Argentine Peso to Congolese Franc.
How to Convert Congolese Franc to Argentine Peso
1 CDF = 2.27855351177172 ARS
Example: convert 15 CDF to ARS:
15 CDF = 15 × 2.27855351177172 ARS = 34.1783026765758 ARS
Congolese Franc to Argentine Peso Conversion Table
Congolese Franc | Argentine Peso |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.