Historical exchange rates of Argentine currency the value of the dollar of 37%). 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
Hard currency Hard currency Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors contributing to a currency's "hard" status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank. Safe haven currency is defined as a currency which behaves like a hedge for a reference portfolio of risky assets conditional on movements in global risk aversion. Conversely, a soft currency indicates a currency which is expected to fluctuate erratically or depreciate