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USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
Afterwards, it went from a 3:1 exchange rate with the US dollar in 2003 to 178:1 in early 2023. On 14 August 2023, the official exchange rate was fixed at ARS$350 to one US dollar; the unregulated rate valued the peso at ARS$665 to one US dollar. [5] On 15 November 2023, the crawling peg was restored. [6] USD/Argentine Peso exchange rate
In January 2002, the new president Eduardo Duhalde ordered his finance minister Jorge Remes Lenicov to repeal the Convertibility Law and adopt a new, provisional fixed exchange rate of 1.4 pesos to the dollar (a 29% devaluation) and the conversion of all the bank accounts denominated in dollars into pesos and its transformation in bonds ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
USD / Argentina Currency Exchange Rates *From January 1970 to May 1983: pesos ley 18188 *From June 1983 to May 1985: peso argentino *From June 1985 to December 1991: australes Argentina inflation 1980-1993. The peso ley 18.188 (ARY; unofficially ARL; peso ley dieciocho mil ciento ochenta y ocho), usually known as either peso or, to distinguish ...
USD / Argentina Currency Exchange Rates *From January 1970 to May 1983: Pesos Ley 18188 *From June 1983 to May 1985: Peso Argentino *From June 1985 to December 1991: Australes Argentina inflation 1980-1993. The peso argentino was the currency of Argentina between June 1, 1983, and June 14, 1985.
With this inflation in mind, Javier Milei (Argentina's newly sworn in president as of 10 December 2023, with 55.69% of the vote in the runoff election [36]) weakened the Argentine Peso by 50% to 800 per dollar in order to bring the official exchange rate (which was only used in theory) down to the market exchange range, [37] along with cuts to ...
In 2001, Argentina was in the midst of an economic crisis: heavily indebted, with an economy in complete stagnation (an almost three-year-long recession), and the exchange rate fixed at one U. S. dollar per Argentine peso by law, which made exports uncompetitive and effectively deprived the state of having an independent monetary policy.