Convert Aus Dollar to Argentine Peso

The lowdown on the Argentine Peso: currency currently unavailable

Argentina Exchange Rate Economical Influences

If you are considering converting AUD to ARS, it is good to get a snapshot on how the economy of the country you are planning to visit may influences the Argentine exchange rate.

Argentina is one of the largest South American economies and part of the G20 economies. Recent times, the country is going through some significant economic reforms, which has resulted in rising interest rates and volatility of the Peso. The Argentine government hopes to stabilize the fluctuation and weakening of the Peso and return healthy growth to the economy over the next few years.

The stability of the Peso is integral to its export economy with manufacturing being a significant contributor to their GDP.

The Argentine Peso was pegged to the USD in 1992 at a rate of 1 USD for 1 Argentine Peso initially to stimulate economic growth and reduce hyperinflation. Although this system produced positive results initially, it was not sustainable and hence the agreement expired in 2001. Since then, the Argentine Peso has been fluctuating substantially.

Argentina Historical Exchange Rate

The highest AUD to ARS conversion exchange rate in 2018 was 1 AUD for 21.5166 Argentine Peso on the 29^th of June 2018. The lowest rate was 1 AUD for 14.4071 Argentine Peso on the 3^rd January 2018. The Argentine Peso has continued to weaken in 2018 as the Central Bank of Argentina announced during May a change in strategy to protect its currency and allowing the peso to drop in value in the short-term and return a strengthened Peso in the long term.

Learn more about the Argentine Peso before you travel to Argentina and create a currency rate alert so we can notify you when it hits the rate you want.

^{*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Terms and Conditions before deciding whether to acquire any product.}