Convert Argentine Peso to Kuwaiti Dinar
Please provide values below to convert Argentine Peso [ARS] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Argentine Peso.
How to Convert Argentine Peso to Kuwaiti Dinar
1 ARS = 4145.93975114604 KWD
Example: convert 15 ARS to KWD:
15 ARS = 15 × 4145.93975114604 KWD = 62189.0962671906 KWD
Argentine Peso to Kuwaiti Dinar Conversion Table
Argentine Peso | Kuwaiti Dinar |
---|
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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.