Convert 1 Omani Rial (OMR) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 20th April 2019 ( 20/04/2019 )
Below you will find the latest exchange rate for exchanging Omani Rial (OMR) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Omani Rial (OMR) 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 for Oman is the Omani Rial. The rial is issued in denominations of OMR 1, 5, 10, 20 and 50 as well as 100, 200 and 500 baisa. Foreign currencies can be exchanged at most banks which are open only from 8:00 am until 12:00 pm Saturday through Wednesday and 8:00 am until 11:30 am on Thursdays. Moneychangers are often open during the even hours and offer a lower rate for currency exchange than most banks.
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.