Convert 1 Argentine Peso (ARS) to Uruguayan Peso (UYU)
Exchange rates used for currency conversion updated on 24th July 2019 ( 24/07/2019 )
Below you will find the latest exchange rate for exchanging Argentine Peso (ARS) to Uruguayan Peso (UYU) , a table containing most common conversions and a chart with the pair's evolution.
The Argentine Peso (ARS) to Uruguayan Peso (UYU) 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 Uruguayan Peso (UYU)
The Uruguayan peso is the official currency for Uruguay. The peso is subdivided into 100 centesimo and is issued in denominations of 5, 10, 20, 50, 100, 200, 500, 1000 and 2000. Foreign currency can be exchanged at most banks and at many foreign currency exchange offices. Hotels and other establishments may also offer currency exchange but typically at a much higher rate than official banks and offices.