Convert 5 Pakistani Rupee (PKR) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on April 20th 2024 ( 04/20/2024 )
Below you will find the latest exchange rates for exchanging Pakistani Rupee (PKR) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Pakistani Rupee (PKR) 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 online and offline.
The currency exchange rate, calculated between Pakistani Rupee and Argentine Peso on 04/20/2024 is 1 PKR = 3.1226 ARS - AVERAGE intraday quotes were used for this currency conversion.
The official currency of Pakistan is the rupee. Rupees are equal to 100 paisa and are issued in denominations of RS 10, RS 20, RS 50, RS 100, RS 500, RS 1,000 and RS 5,000. Foreign currency exchanges can be done through banks or moneychangers and both offer about the same rate of exchange with the US Dollar being the preferred currency to exchange in the country.
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.
