Convert 1 Argentine Peso (ARS) to Moldovan Leu (MDL)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Moldovan Leu (MDL) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Moldovan Leu (MDL) 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 Moldovan Leu on 11/21/2024 is 1 ARS = 0.0182 MDL - 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 Moldovan Leu (MDL)
Moldova is located in Eastern Europe and lies close to the Black Sea. The official currency of Moldova is the Moldovan Leu. The Leu is subdivided into 100 bani and coins distributed include 1, 5, 10 and 25 bani, made from aluminum. 50 bani are produced from aluminum and bronze. Aluminum bani and nickel plated steel coins were distributed but withdrawn from circulation in 1993.
