Convert Argentine Peso to New Zealand Dollar
Please provide values below to convert Argentine Peso [ARS] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Argentine Peso.
How to Convert Argentine Peso to New Zealand Dollar
1 ARS = 758.639904134212 NZD
Example: convert 15 ARS to NZD:
15 ARS = 15 × 758.639904134212 NZD = 11379.5985620132 NZD
Argentine Peso to New Zealand Dollar Conversion Table
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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.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.