Historical exchange rates of Argentine currency
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The following table contains the monthly historical
exchange rate In finance, an exchange rate is the rate at which one currency will be exchanged for another currency. Currencies are most commonly national currencies, but may be sub-national as in the case of Hong Kong or supra-national as in the case of ...
of the different currencies of
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
, expressed in Argentine currency units per
United States dollar The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the officia ...
. The exchange rate at the end of each month is expressed in: *From January 1914 to December 1969: Pesos Moneda Nacional *From January 1970 to May 1983: Pesos Ley 18188 *From June 1983 to May 1985:
Peso Argentino The peso (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 peso or dollar currencies. It is subdivided into 100 ''centavos''. Its ISO 42 ...
*From June 1985 to December 1991: Australes *From January 1992:
pesos The peso is the monetary unit of several countries in the Americas, and the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries the peso uses the same sign, "$", as many currencies named "dollar" ...
The value of one current peso is 10,000,000,000,000 (trillion) ''pesos moneda nacional'' (m$n), the currency in use from 1881 to 1969. It's also equal, as of year-end 2022, to 780 trillion 1914 pesos with the U.S. dollar as reference an average annual depreciation relative to the dollar of 27% (i.e. an annual increase of the value of the dollar of 37%).


See also

*
Table of historical exchange rates Listed below is a table of historical exchange rates relative to the U.S. dollar, at present the most widely traded currency in the world.Financial GuidFX FundamentalsRetrieved on July 6, 2007 An exchange rate represents the value of one currency ...
*
Economic history of Argentina The economic history of Argentina is one of the most studied, owing to the "Argentine paradox." As a country, it had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of lite ...
*
Latin American debt crisis The Latin American debt crisis ( es, Crisis de la deuda latinoamericana; pt, Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as ''La Décad ...
*
La Década Perdida "La Década Perdida" ("The Lost Decade") of Latin America is a Spanish term used to describe the economic crisis suffered in Latin America during the 1980s, which continued for some countries into the next decade. In general, the crisis was ...
(The Lost Decade; the 1980s) *
Argentine monetary crisis The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, alon ...


Sources


Información Económica al Día: Dinero y Bancos, Ministerio de Economía de la República Argentina
average monthly exchange rates


External links


BCRA – Banco Central de la República Argentina
{{Economy of Argentina Economic history of Argentina