Convert 122 Argentine Peso (ARS) to Algerian Dinar (DZD)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Algerian Dinar (DZD) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Algerian Dinar (DZD) 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.
The currency exchange rate, calculated between Argentine Peso and Algerian Dinar on 11/23/2024 is 1 ARS = 0.1338 DZD - AVERAGE intraday quotes were used for this currency conversion.
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 Algerian Dinar (DZD)
The Algerian dinar (DZD) is the official currency of Algeria, and issued and controlled by the Bank of Algeria. The currency is subdivided into 100 sub units but there are no denominations of DZD in these subunits. The symbol for the DZD is " دج " in Arabic and "DA" in Latin.
The current denomination in circulation are coins valued at 5 DA, 10 DA, 20 DA , 50 DA, and 100 DA with printed banknotes valued at 200 DA, 500 DA, 1000 DA. and 2000 DA.
