Convert 5 CFA Franc BCEAO (XOF) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on December 03rd 2024 ( 12/03/2024 )
Below you will find the latest exchange rates for exchanging CFA Franc BCEAO (XOF) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The CFA Franc BCEAO (XOF) 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 CFA Franc BCEAO and Argentine Peso on 12/03/2024 is 1 XOF = 1.6174 ARS - AVERAGE intraday quotes were used for this currency conversion.
The official currency for Western African states is the CFA franc. The franc is subdivided into 100 centimes and comes in denominations of 1000, 2000, 5000 and 10000 francs. Foreign currency can be exchanged at most banks and at various foreign currency exchange offices. The franc is the only currency that is valid in the country rates for exchanges may vary from bank to bank.
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.
