Convert Argentine Peso to Gibraltar Pound
Please provide values below to convert Argentine Peso [ARS] to Gibraltar Pound [GIP], or Convert Gibraltar Pound to Argentine Peso.
How to Convert Argentine Peso to Gibraltar Pound
1 ARS = 1710.34715655815 GIP
Example: convert 15 ARS to GIP:
15 ARS = 15 × 1710.34715655815 GIP = 25655.2073483723 GIP
Argentine Peso to Gibraltar Pound Conversion Table
| Argentine Peso | Gibraltar Pound |
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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.
Gibraltar Pound
The Gibraltar Pound (GIP) is the official currency of Gibraltar, pegged at par to the British Pound Sterling and used alongside it locally.
History/Origin
Introduced in 1934, the Gibraltar Pound replaced the Gibraltar Pound issued during the British colonial period. It has maintained a fixed exchange rate with the British Pound since its inception, with coins and banknotes issued specifically for Gibraltar.
Current Use
The Gibraltar Pound is widely used in Gibraltar for everyday transactions, alongside the British Pound Sterling. It is accepted locally and is also used in some border areas of Spain, with coins and banknotes issued by the Government of Gibraltar.