Convert 5 Maldivian Rufiyaa (MVR) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on November 21st 2024 ( 11/21/2024 )
Below you will find the latest exchange rates for exchanging Maldivian Rufiyaa (MVR) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Maldivian Rufiyaa (MVR) 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 Maldivian Rufiyaa and Argentine Peso on 11/21/2024 is 1 MVR = 64.86 ARS - AVERAGE intraday quotes were used for this currency conversion.
The official currency of the Maldives is the Rufiyaa. The rufiyaa is issued in denominations of 2, 5, 10, 50, 100 and 500 and is issued by the Maldives Monetary Authority. Most banks and many businesses on the islands will exchange foreign currency into rufiyaa, many without costly currency exchange fee. The exchange rate between the rufiyaa and the US Dollar will never change
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.
