Convert 20700 South African Rand (ZAR) 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 South African Rand (ZAR) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The South African Rand (ZAR) 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 South African Rand and Argentine Peso on 11/21/2024 is 1 ZAR = 55.3546 ARS - AVERAGE intraday quotes were used for this currency conversion.
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.
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.
