: As of late April 2026, the exchange rate is approximately 1,417 ARS to 1 USD . Historical Context
: Since April 14, 2025, the peso has operated within a currency band of 1,000 to 1,400 per U.S. dollar as part of an IMF agreement . argentine monetary unit
: 1 peso is divided into 100 centavos , though coins are rarely used due to high inflation. : As of late April 2026, the exchange
The official (ISO code: ARS ) is the current monetary unit of Argentina, issued by the Central Bank of the Argentine Republic . It uses the or AR$ to distinguish it from the U.S. dollar. Key Financial Details : 1 peso is divided into 100 centavos
The current "peso convertible" was introduced in , replacing the austral at a rate of 1 peso to 10,000 australes. Historically, Argentina has cycled through several versions of the peso—including the peso moneda nacional , peso ley , and peso argentino —frequently redenominated to combat hyperinflation.
: Common denominations include 100, 200, 500, 1,000, 2,000, 10,000, and 20,000 pesos .