Convert 50000 Colombian Peso (COP) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on November 24th 2024 ( 11/24/2024 )
Below you will find the latest exchange rates for exchanging Colombian Peso (COP) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Colombian Peso (COP) 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.
The currency exchange rate, calculated between Colombian Peso and Argentine Peso on 11/24/2024 is 1 COP = 0.2271 ARS - AVERAGE intraday quotes were used for this currency conversion.
The Columbian peso (COP) is the official currency used throughout the 32 departments of Columbia. It is issued by the central bank of Columbia, the Banco de la Republica, in coin denominations of 20, 50, 100, 200, and 500 and banknote denominations of 1000, 2000, 5000, 10,000, 20,000, and 50,000 pesos. Each peso is officially made of 100 centavo's, but due to the purchasing power of the peso, there are no coins in official circulation denominated in centavos. The official symbol for the COP is the "$" sign without any further designation.
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.
