Convert Kyrgystani Som to Argentine Peso
Please provide values below to convert Kyrgystani Som [KGS] to Argentine Peso [ARS], or Convert Argentine Peso to Kyrgystani Som.
How to Convert Kyrgystani Som to Argentine Peso
1 KGS = 0.0689458761461731 ARS
Example: convert 15 KGS to ARS:
15 KGS = 15 × 0.0689458761461731 ARS = 1.0341881421926 ARS
Kyrgystani Som to Argentine Peso Conversion Table
Kyrgystani Som | Argentine Peso |
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Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.
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.