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The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. The exchange rate at the end of each month is expressed in: From January 1914 to December 1969: Pesos Moneda Nacional. From January 1970 to May 1983: Pesos Ley 18188.
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
The Convertibility plan was a plan by the Argentine Currency Board that pegged the Argentine peso to the U.S. dollar between 1991 and 2002 in an attempt to eliminate hyperinflation and stimulate economic growth. [ 1] While it initially met with considerable success, the board's actions ultimately failed.
Argentina’s financial markets are closed for a local holiday, but the peso weakened slightly in partial trade to stand at around 353.58 to the US dollar. The value of the currency has plunged ...
US$ = 24 CUP (official) US$ = 120 CUP (CADECA office exchange rate in Cuba) The Cuban peso (in Spanish peso cubano, ISO 4217 code: CUP) also known as moneda nacional, is the official currency of Cuba . The Cuban peso historically circulated at par with the Spanish-American silver dollar from the 16th to 19th centuries, and then at par with the ...
Currency substitution. Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [ 1] Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
Check Out: 10 Best New Items at Dollar Tree in June 2024 To Save Money. Read Next: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy. ... In Other News.
v. t. e. USD / MXN exchange rate. Mexico inflation rate 1970-2022. The Mexican peso crisis was a currency crisis sparked by the Mexican government's sudden devaluation of the peso against the U.S. dollar in December 1994, which became one of the first international financial crises ignited by capital flight. [ 1]