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Argentine peso

Currency
Local namePeso argentino  
ISO 4217 CodeARS
Official userArgentina
Inflationest. 22% (2010)
Subunit
1/100centavo
Symbol$
Coins and Banknotes
Central bankCentral Bank of Argentina

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The peso (originally established as the peso convertible) is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using dollar currencies. It is subdivided into 100 centavos. Its ISO 4217 code is ARS. Several earlier currencies of Argentina were also called "peso"; as inflation progressed a new currency with a few zeroes dropped and a different qualifier (peso national currency, peso law 18188, peso argentino...) was introduced. Since 1969 thirteen zeroes have been dropped (a factor of ten trillion times).

In recent times the exchange rate hovered around 3 pesos per United States dollar from 2002 to 2008, and was around 4 pesos from 2009 to 2011. The country's current account surplus has required periodic dollar purchases by the Central Bank to keep the value of the peso relatively undervalued for export competitiveness.

Argentine peso Video

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Pelea realizada el 5-5-2001 en Casinos del Litoral, Corrientes, Provincia de Corrientes
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Pelea realizada el 5-5-2001 en Casinos del Litoral, Corrientes, Provincia de Corrientes
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Investorplace.com--The action in the chart above reminds me of the devaluation of the -Argentine peso- and the concurrent of default of Argentine government debt in 2001. ... - Date : Mon, 11 Oct 2010 20:18:52 GMT+00:00

Circulating coins
Peso convertible, from 1992 :
Denomination Obverse Reverse
1 centavo
5 centavos
10 centavos
25 centavos
50 centavos
1 peso

Commemorative coins
Commemorative coins :
Denomination Obverse Reverse
2 pesos (1994)
5 pesos (1994)
2 pesos (2007)

The problem of change :
Image Denomination Dimensions Color Front Back
$1 (not currently
in use,
replaced by
the 1-peso coin)
155 × 65 mm Navy blue Carlos Pellegrini Argentine National Congress
$2 Light Blue Bartolomé Mitre Mitre Museum
$5 Green José de San Martín Cerro de la Gloria
$10 Brown Manuel Belgrano National Flag Memorial
$20 Red Juan Manuel de Rosas Battle of Vuelta de Obligado
$50 Black Domingo Faustino Sarmiento Casa Rosada
$100 Violet Julio Argentino Roca Conquest of the Desert
These images are to scale at 0.7 pixels per millimeter, a standard for world banknotes.

Currencies named peso or similar

CirculatingArgentine peso * Chilean peso * Colombian peso * Cuban convertible peso * Cuban peso * Dominican peso (peso oro) * Macanese pataca (圓) * Mexican peso * Philippine peso (piso) * Uruguayan peso
ObsoleteArgentine peso argentino * Argentine peso ley * Argentine peso moneda corriente * Argentine peso moneda nacional * Bolivian peso * Catalan peseta (pesseta) * Costa Rican peso * Ecuadorian peso * Equatorial Guinean peseta * Guatemalan peso * Guinea-Bissau peso * Honduran peso * Japanese government-issued Philippine fiat peso * Nicaraguan peso * Paraguayan peso * Peruvian peseta * Portuguese Timorese pataca * Puerto Rican peso * Sahrawi peseta * Salvadoran peso * Spanish peso * Spanish peseta (pesseta, pezeta) * Venezuelan peso
See alsoPeso sign * Maltese pataca (coin)



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