Convert 1 Argentine Peso (ARS) to Peruvian Nuevo Sol (PEN)
Exchange rates used for currency conversion updated on 27th February 2020 ( 27/02/2020 )
Below you will find the latest exchange rate for exchanging Argentine Peso (ARS) to Peruvian Nuevo Sol (PEN) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Peruvian Nuevo Sol (PEN) 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 om;ine and offline.
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 Peruvian Nuevo Sol (PEN)
The official currency of Peru is the Peruvian Nuevo Sol. The Nuevo sol is subdivided into 100 centimos. Tourists can exchange currencies in Peru at most major banks and through moneychangers. Care should be taken to ensure that an official moneychanger is being used. Badges and vests are worn by legal moneychangers and their fees are typically a bit lower than those charged by banks for exchanging foreign currency.