Convert 1 Romanian Leu (RON) to Argentine Peso (ARS)
Exchange rates used for currency conversion updated on 23rd February 2019 ( 23/02/2019 )
Below you will find the latest exchange rate for exchanging Romanian Leu (RON) to Argentine Peso (ARS) , a table containing most common conversions and a chart with the pair's evolution.
The Romanian Leu (RON) 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 Romania is the Romanian leu. The leu is expected to be replaced by the euro in the country as early as 2014. Currently, the leu is subdivided into 100 bani. Those visiting Romania can exchange currency at banks and through legal and legitimate moneychangers. Money changing counters are available in many airport terminals and hotels offer this service as well.
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.