Convert Brazilian Real to Argentine Peso
Please provide values below to convert Brazilian Real [BRL] to Argentine Peso [ARS], or Convert Argentine Peso to Brazilian Real.
How to Convert Brazilian Real to Argentine Peso
1 BRL = 0.00439672397861267 ARS
Example: convert 15 BRL to ARS:
15 BRL = 15 × 0.00439672397861267 ARS = 0.06595085967919 ARS
Brazilian Real to Argentine Peso Conversion Table
Brazilian Real | Argentine Peso |
---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.