Convert New Taiwan Dollar to Argentine Peso
Please provide values below to convert New Taiwan Dollar [TWD] to Argentine Peso [ARS], or Convert Argentine Peso to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Argentine Peso
1 TWD = 0.0231919884375716 ARS
Example: convert 15 TWD to ARS:
15 TWD = 15 × 0.0231919884375716 ARS = 0.347879826563574 ARS
New Taiwan Dollar to Argentine Peso Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.