Convert Argentine Peso to Indonesian Rupiah
Please provide values below to convert Argentine Peso [ARS] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Argentine Peso.
How to Convert Argentine Peso to Indonesian Rupiah
1 ARS = 0.0777366700554322 IDR
Example: convert 15 ARS to IDR:
15 ARS = 15 × 0.0777366700554322 IDR = 1.16605005083148 IDR
Argentine Peso to Indonesian Rupiah Conversion Table
Argentine Peso | Indonesian Rupiah |
---|
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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.