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Convert 5 Canadian Dollar (CAD) to Argentine Peso (ARS)

Exchange rates used for currency conversion updated on July 12th 2024 ( 07/12/2024 )

Below you will find the latest exchange rates for exchanging Canadian Dollar (CAD) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution. The Canadian Dollar (CAD) to Argentine Peso (ARS) 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.

If you need to SWAP these currencies go to Argentine Peso (ARS) to Canadian Dollar (CAD) page.

5 CAD = 3373.8935 ARS

The currency exchange rate, calculated between Canadian Dollar and Argentine Peso on 07/12/2024 is 1 CAD = 674.7787 ARS - AVERAGE intraday quotes were used for this currency conversion.

Convert 5 CAD / 5 ARS to major currencies

CAD to ARS Exchange Rate History Chart

Last 7 days History

2024-07-12 5 CAD = 0.00741 ARS
2024-07-11 5 CAD = 0.00742 ARS
2024-07-10 5 CAD = 0.00743 ARS
2024-07-09 5 CAD = 0.00744 ARS
2024-07-08 5 CAD = 0.00745 ARS
2024-07-07 5 CAD = 0.00748 ARS
2024-07-06 5 CAD = 0.00746 ARS
One year History

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

About Argentine Peso (ARS)

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.

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