: Since April 14, 2025, the peso has operated within a currency band of 1,000 to 1,400 per U.S. dollar as part of an IMF agreement .
The current "peso convertible" was introduced in , replacing the austral at a rate of 1 peso to 10,000 australes. Historically, Argentina has cycled through several versions of the peso—including the peso moneda nacional , peso ley , and peso argentino —frequently redenominated to combat hyperinflation.
: Common denominations include 100, 200, 500, 1,000, 2,000, 10,000, and 20,000 pesos . argentine monetary unit
: As of late April 2026, the exchange rate is approximately 1,417 ARS to 1 USD . Historical Context
: 1 peso is divided into 100 centavos , though coins are rarely used due to high inflation. : Since April 14, 2025, the peso has
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: Since April 14, 2025, the peso has operated within a currency band of 1,000 to 1,400 per U.S. dollar as part of an IMF agreement .
The current "peso convertible" was introduced in , replacing the austral at a rate of 1 peso to 10,000 australes. Historically, Argentina has cycled through several versions of the peso—including the peso moneda nacional , peso ley , and peso argentino —frequently redenominated to combat hyperinflation.
: Common denominations include 100, 200, 500, 1,000, 2,000, 10,000, and 20,000 pesos .
: As of late April 2026, the exchange rate is approximately 1,417 ARS to 1 USD . Historical Context
: 1 peso is divided into 100 centavos , though coins are rarely used due to high inflation.
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