Convert Argentine Peso to Rwandan Franc
Please provide values below to convert Argentine Peso [ARS] to Rwandan Franc [RWF], or Convert Rwandan Franc to Argentine Peso.
How to Convert Argentine Peso to Rwandan Franc
1 ARS = 0.874806321361243 RWF
Example: convert 15 ARS to RWF:
15 ARS = 15 × 0.874806321361243 RWF = 13.1220948204186 RWF
Argentine Peso to Rwandan Franc Conversion Table
| Argentine Peso | Rwandan Franc |
|---|
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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.