How much is Argentine pesos in dollars?

How much is Argentine pesos in dollars?

Convert US Dollar to Argentine Peso

1 USD 98

What is the currency for Argentina?

Argentine peso

The ARS (Argentinian Nuevo peso) is the country’s official currency that began circulation in 1992, shortly after the country plunged into an economic depression. In the early 2000s, the Argentine government took steps to peg the exchange rate at around 3 pesos to 1 U.S. dollar.

How much is a Big Mac in Argentina?

In January 2021, it was estimated that a Big Mac burger in Argentina would cost an average of 3.75 U.S. dollars, up from 2.85 dollars a year earlier….Price for a Big Mac in Argentina from 2010 to 2021 (in U.S. dollars)

Characteristic Average price in U.S. dollars
2020 2.85
2019 2
2018 3.96
2017 3.47

What are the rules for foreign currency in Argentina?

Under the regulations, exporters are required to enter and convert foreign currency obtained into Argentine pesos, and both companies and individuals are required to obtain authorization from the BCRA to purchase foreign currency on the local foreign exchange market (MULC) or to transfer funds abroad in certain situations.

Which is the best exchange rate for Argentine peso?

Our currency rankings show that the most popular Argentine Peso exchange rate is the ARS to USD rate. The currency code for Argentine Pesos is ARS. The currency symbol is $. Our currency rankings show that the most popular US Dollar exchange rate is the USD to EUR rate. The currency code for US Dollars is USD. The currency symbol is $.

What do you need to know about the Argentine Mulc?

Evidence must be provided of the initial injection of funds in order for Argentine borrowers to access the MULC to make repayments of capital and interest. The borrower also must show that the liability was declared in the most recent report relating to external assets and liabilities to access the MULC to settle foreign financial debt.

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