Historic Arab Emirates Dirham Argentine peso

Arab Emirates Dirham argentine peso history for December 2023. The highest quote for this month is 220.18 (29/12/2023) and the lowest 220.16 (31/12/2023). The difference between high and low is 0.01.

AED ARS average rate for December 2023 is 168.98655, the change between 01/12/2023 and 31/12/2023 is -124.24 %.

01 December 20231 AED = 98.18 ARS
02 December 20231 AED = 98.23 ARS
03 December 20231 AED = 98.20 ARS
04 December 20231 AED = 98.28 ARS
05 December 20231 AED = 98.74 ARS
06 December 20231 AED = 98.89 ARS
07 December 20231 AED = 99.03 ARS
08 December 20231 AED = 99.12 ARS
10 December 20231 AED = 99.05 ARS
11 December 20231 AED = 99.25 ARS
12 December 20231 AED = 99.64 ARS
13 December 20231 AED = 99.82 ARS
14 December 20231 AED = 217.9 ARS
15 December 20231 AED = 213.9 ARS
16 December 20231 AED = 218.1 ARS
17 December 20231 AED = 218.1 ARS
18 December 20231 AED = 215.8 ARS
19 December 20231 AED = 218.6 ARS
20 December 20231 AED = 218.8 ARS
21 December 20231 AED = 218.9 ARS
22 December 20231 AED = 219.0 ARS
23 December 20231 AED = 219.2 ARS
24 December 20231 AED = 219.2 ARS
25 December 20231 AED = 219.3 ARS
26 December 20231 AED = 219.0 ARS
27 December 20231 AED = 218.4 ARS
28 December 20231 AED = 219.9 ARS
29 December 20231 AED = 220.0 ARS
31 December 20231 AED = 220.2 ARS

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.