Convert 1 Argentine Peso (ARS) to New Zealand Dollar (NZD)
Exchange rates used for currency conversion updated on 24th May 2019 ( 24/05/2019 )
Below you will find the latest exchange rate for exchanging Argentine Peso (ARS) to New Zealand Dollar (NZD) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to New Zealand Dollar (NZD) 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 New Zealand Dollar (NZD)
The official currency of New Zealand is the New Zealand Dollar. The US Dollar and other currencies are not accepted as form of payment. Currency can be exchanged in the country at most banks as well as through moneychangers who often offer a lower exchange rate and longer operating hours. Money can be exchanged at the airport through bank terminals as well.