Convert Salvadoran Colón to Argentine Peso
Please provide values below to convert Salvadoran Colón [SVC] to Argentine Peso [ARS], or Convert Argentine Peso to Salvadoran Colón.
How to Convert Salvadoran Colón to Argentine Peso
1 SVC = 0.00690219717731426 ARS
Example: convert 15 SVC to ARS:
15 SVC = 15 × 0.00690219717731426 ARS = 0.103532957659714 ARS
Salvadoran Colón to Argentine Peso Conversion Table
| Salvadoran Colón | Argentine Peso |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.