Convert Kazakhstani Tenge to Argentine Peso
Convert Kazakhstani Tenge (KZT) to Argentine Peso (ARS) using daily updated exchange rates.
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Exchange Rate
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About Kazakhstani Tenge
The Kazakhstani Tenge (KZT) became the official currency of Kazakhstan in November 1993, replacing the Soviet ruble following independence in 1991. Kazakhstan is Central Asia's largest and wealthiest economy, possessing enormous reserves of oil, natural gas, uranium (the world's top uranium producer), copper, zinc, and other minerals. The National Bank of Kazakhstan manages monetary policy. The tenge experienced significant devaluations in 2009 and 2015 in response to falling oil prices and the devaluation of the Russian ruble.
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).