Convert 5299 Argentine Peso (ARS) to Russian Ruble (RUB)
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 Russian Ruble (RUB) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Russian Ruble (RUB) 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 Russian Ruble on 11/21/2024 is 1 ARS = 0.1002 RUB - 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 Russian Ruble (RUB)
The official currency of Russia is the ruble. The ruble is divided into 100 kopeks. Currency exchange in the country is fairly easy and straightforward and can be done at most banks and at currency exchange offices. Black market exchanges are nearly obsolete. Rates for currency exchange are set by the Central Bank of Russia and are normally posted outside exchange offices and banks and listed in various newspapers.
