Convert 48000 Argentine Peso (ARS) to South African Rand (ZAR)
Exchange rates used for currency conversion updated on October 27th 2020 ( 10/27/2020 )
Below you will find the latest exchange rates for exchanging Argentine Peso (ARS) to South African Rand (ZAR) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to South African Rand (ZAR) 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 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 South African Rand (ZAR)
The official currency of South Africa is the rand. The rand is subdivided into 100 cents and is issued in denominations of R 10, R 20, R 50, R 100 and R 200. Foreign currency can be exchanged at most banks as well as at currency exchange offices that are conveniently located around the country in major cities, at airports and most major hotels.