Convert 1 Kazakhstani Tenge (KZT) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 22nd January 2019 ( 22/01/2019 )
Below you will find the latest exchange rate for exchanging Kazakhstani Tenge (KZT) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Kazakhstani Tenge (KZT) to Argentine Peso (ARS) 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 Kazakhstan official currency is the Kazakhstani tenge. Known in currency circles as the KZT and written in monetary transactions as "лв", each tenge can be subdivided into 100 tiin. The tiin remains in existence for accounting purposes, but there are no tiin denominated currency units in current circulation.
The National Bank of Kazakhstan is the Kazakhstani central bank and sole issuer of currency within the country. Under current issuance are coins valued at лв1, лв2, лв5, лв10, лв20, лв50, and лв100 and paper currency valued at лв200, лв500, лв1,000, лв2,000, лв5,000, and лв10,000.
About Argentine Peso (ARS)
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.