Convert New Zealand Dollar to Argentine Peso
Please provide values below to convert New Zealand Dollar [NZD] to Argentine Peso [ARS], or Convert Argentine Peso to New Zealand Dollar.
How to Convert New Zealand Dollar to Argentine Peso
1 NZD = 0.00131814843188513 ARS
Example: convert 15 NZD to ARS:
15 NZD = 15 × 0.00131814843188513 ARS = 0.019772226478277 ARS
New Zealand Dollar to Argentine Peso Conversion Table
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.