Convert 5000000 Argentine Peso (ARS) to Mexican Peso (MXN)
Exchange rates used for currency conversion updated on November 24th 2024 ( 11/24/2024 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to Mexican Peso (MXN) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Mexican Peso (MXN) 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 Mexican Peso on 11/24/2024 is 1 ARS = 0.0203 MXN - AVERAGE intraday quotes were used for this currency conversion.
Convert 5000000 ARS / 5000000 MXN to major currencies
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 Mexican Peso (MXN)
The national currency in Mexico is the peso. Pesos are available in denominations of 10, 12, 50, 100, 200 and 500 with each denomination slightly different to enable consumers to easily identify them. Tourists can exchange foreign currency for pesos at most banks and at the Bureaux de Change or visit an ATM to withdraw pesos from an out of country bank.
