Argentine Monetary Unit -
: As of late April 2026, the exchange rate is approximately 1,417 ARS to 1 USD . Historical Context
: 1 peso is divided into 100 centavos , though coins are rarely used due to high inflation. argentine monetary unit
The current "peso convertible" was introduced in , replacing the austral at a rate of 1 peso to 10,000 australes. Historically, Argentina has cycled through several versions of the peso—including the peso moneda nacional , peso ley , and peso argentino —frequently redenominated to combat hyperinflation. : As of late April 2026, the exchange
: Since April 14, 2025, the peso has operated within a currency band of 1,000 to 1,400 per U.S. dollar as part of an IMF agreement . : As of late April 2026
