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Convert 5218 Argentine Peso (ARS) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on December 18th 2024 ( 12/18/2024 )

Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Argentine Peso (ARS) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Argentine Peso (ARS) page.

5218 ARS = 7.3052 CAD

The currency exchange rate, calculated between Argentine Peso and Canadian Dollar on 12/18/2024 is 1 ARS = 0.0014 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 5218 ARS / 5218 CAD to major currencies

ARS to CAD Exchange Rate History Chart

Last 7 days History

Date ARS CAD
2024-12-17 5218 ARS = 3730796.02338 CAD
2024-12-16 5218 ARS = 3732223.20588 CAD
2024-12-15 5218 ARS = 3725519.68532 CAD
2024-12-14 5218 ARS = 3725519.68532 CAD
2024-12-10 5218 ARS = 3741313.18251 CAD
2024-12-09 5218 ARS = 3738110.54757 CAD
2024-12-08 5218 ARS = 3734956.49656 CAD
One year History

About Argentine Peso (ARS)

The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.

ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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