Convert 1 Argentine Peso (ARS) to Israeli New Sheqel (ILS)
Exchange rates used for currency conversion updated on 18th January 2019 ( 18/01/2019 )
Below you will find the latest exchange rate for exchanging Argentine Peso (ARS) to Israeli New Sheqel (ILS) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Israeli New Sheqel (ILS) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The ARS is the currency code for the Argentine Peso. The current ARS has been somewhat stable since 1992 when the Central Bank of Argentina began effective management of the currency by focusing on a stable ARS to USD exchange rate. This, after 23 years of inflation that devalued the currency by a staggering ten trillion times. The current inflation rate in Argentina hovers around 22%.
ARS pesos are split into 100 units each of which is known as a centavo. The currency is currently minted and issued as coins in the following denominations: 5, 10, 25, and 50 centavos, 1 and 2 pesos; and as banknotes in 2, 5, 10, 20, 50, and 100 pesos denominations.
About Israeli New Sheqel (ILS)
The Israeli new shekel is the official currency of Israel and the Palestinian territories. The currency code for the new shekel is ILS and the word shekel is singular and can be written as sheqel and when plural it is written as shekalim. The symbol for the shekel is "?" and each shekel can be divided into 100 agora, plural agorot.
The Bank of Israel issues banknotes in 20, 50, 100, and 200 new shekalim values and coins in 10 agorot and ½, 1, 2, 5, 10 new shekalim values. The newest printing of the 20 shekalim banknote is on a polymer base in lieu of the more traditional paper base. In 2011 the Bank of Israel has said that it intendeds to remove the word "new" from "new shekel" having been 25 years since its original issuance.