Convert Chinese Yuan to Argentine Peso
Convert Chinese Yuan (CNY) to Argentine Peso (ARS) using daily updated exchange rates.
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Exchange Rate
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About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
About Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, a country that has experienced several monetary crises and currency replacements throughout its history. The current peso was introduced in 1992 at a 1:1 peg with the US Dollar, which was abandoned in 2002 during a severe economic and banking crisis. Argentina has struggled with recurring high inflation and currency devaluation, making the peso one of the most volatile currencies among major Latin American nations. The Banco Central de la Republica Argentina manages monetary policy. The peso is divided into 100 centavos.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).