Convert 1 Moldovan Leu (MDL) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 22nd July 2019 ( 22/07/2019 )
Below you will find the latest exchange rate for exchanging Moldovan Leu (MDL) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Moldovan Leu (MDL) 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.
Moldova is located in Eastern Europe and lies close to the Black Sea. The official currency of Moldova is the Moldovan Leu. The Leu is subdivided into 100 bani and coins distributed include 1, 5, 10 and 25 bani, made from aluminum. 50 bani are produced from aluminum and bronze. Aluminum bani and nickel plated steel coins were distributed but withdrawn from circulation in 1993.
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.