Historical exchange rates of Argentine currency Historical exchange rates of Argentine currency The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. The exchange rate at the end of each month is expressed in: The value of one current peso is 10,000,000,000,000 (trillion) "pesos moneda nacional" (m$n), the currency in use from 1881 to 1969. It's also equal, as of the end of September 2018, to around 177 trillion 1914 pesos with the U.S. dollar as reference an average annual depreciation relative to the dollar of 27% (i.e. an annual increase of
World currency a single world currency is unnecessary, because the U.S. dollar is providing many of the benefits of a world currency while avoiding some of the costs. If the world does not form an optimum currency area, then it would be economically inefficient for the world to share one currency. In the present world, nations are not able to work together closely enough to be able to produce and support a common currency. There has to be a high level of trust between different countries before a true world currency could be created. A world currency might even undermine national sovereignty