General TradingA

Argentina Peso (ARS)

The official currency of Argentina, abbreviated ARS. It is subdivided into 100 centavos and is issued by the Central Bank of Argentina. The peso has experienced significant devaluation over the years due to persistent inflation, leading many Argentinians to adopt the US dollar and cryptocurrencies as alternative stores of value.

Example

“The Argentina Peso fell to a new record low against the dollar as inflation expectations continued to climb.”