Convert Kyrgyzstani Som to Argentine Peso
Convert Kyrgyzstani Som (KGS) to Argentine Peso (ARS) using daily updated exchange rates.
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Exchange Rate
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About Kyrgyzstani Som
The Kyrgyzstani Som (KGS) has been the official currency of Kyrgyzstan since 1993, replacing the Soviet ruble following independence. The word "som" means "pure" in Kyrgyz and several other Turkic languages, historically referring to pure silver or gold. The National Bank of the Kyrgyz Republic manages monetary policy with a managed float regime. Kyrgyzstan is a Central Asian country with a landlocked mountain economy dependent on gold mining (the Kumtor mine is one of Central Asia's largest), remittances from workers in Russia and Kazakhstan, agriculture, and some manufacturing.
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).