Convert Dominican Peso to Argentine Peso
Please provide values below to convert Dominican Peso [DOP] to Argentine Peso [ARS], or Convert Argentine Peso to Dominican Peso.
How to Convert Dominican Peso to Argentine Peso
1 DOP = 0.0476642157056319 ARS
Example: convert 15 DOP to ARS:
15 DOP = 15 × 0.0476642157056319 ARS = 0.714963235584479 ARS
Dominican Peso to Argentine Peso Conversion Table
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
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.