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
Economic history of Argentina Economic history of Argentina The economic history of Argentina is one of the most studied, owing to the ""Argentine paradox"", its unique condition as a country that had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of literature and diverse analysis on the causes of this decline. Since independence from Spain in 1816, the country has defaulted on its debt eight times and inflation has often been in the double digits, even as high as 5000%, resulting in several large currency devaluations. Argentina possesses definite comparative advantages in agriculture, as the