Convert Romanian Leu to Argentine Peso
Please provide values below to convert Romanian Leu [RON] to Argentine Peso [ARS], or Convert Argentine Peso to Romanian Leu.
How to Convert Romanian Leu to Argentine Peso
1 RON = 0.00342260517939929 ARS
Example: convert 15 RON to ARS:
15 RON = 15 × 0.00342260517939929 ARS = 0.0513390776909894 ARS
Romanian Leu to Argentine Peso Conversion Table
| Romanian Leu | Argentine Peso |
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Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.
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.