Convert 1 Lithuanian Litas (LTL) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 20th February 2019 ( 20/02/2019 )
Below you will find the latest exchange rate for exchanging Lithuanian Litas (LTL) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Lithuanian Litas (LTL) 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 official currency of Lithuania is called the Lithuanian litas with the plural being litai or lit?. the symbol for the litas is "Lt" and each litas is made of 100 centas, symbolized by "ct". The currency code for the Lithuanian litas is LTL.
The Bank of Lithuania issues the LTL coins in values of 1ct, 2ct, 5ct, 10ct, 20ct, and 50ct, as well as Lt 1, Lt 2, and Lt 5. The banknotes are issued in values of Lt 10, Lt 20, Lt 50, Lt 100, Lt 200, and Lt 500.
The central bank of Lithuania is already a member of the European System of Central Banks who, along with the Lithuanian government, are implementing policies for the eventual inclusion of Lithuania into the eurozone and thus the full replacement of the LTL with the euro.
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.