Convert 1 Argentine Peso (ARS) to Nigerian Naira (NGN)
Exchange rates used for currency conversion updated on 16th July 2019 ( 16/07/2019 )
Below you will find the latest exchange rate for exchanging Argentine Peso (ARS) to Nigerian Naira (NGN) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Nigerian Naira (NGN) 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 Nigerian Naira (NGN)
Nigeria is a country in Africa that borders the Gulf of Guinea on the Atlantic Ocean. The naira is the official currency of the country and is divided into 100 kobo. Denominations of the naira include N5, N10, N20, N50, N100, N200 and N500. Most banks do not offer currency exchange so visitors must find moneychangers in order to convert foreign currency into naira.