Argentine peso somali shilling exchange rate history (ARS SOS) August 2023

Argentine peso somali shilling history for August 2023. The highest quote for this month is 2.0455 (01/08/2023) and the lowest 2.0561 (01/08/2023). The difference between high and low is -0.52.

ARS SOS average rate for August 2023 is 1.78879, the change between 01/08/2023 and 31/08/2023 is +21.32 %.

01 August 2023	1 ARS = 2.052 SOS
02 August 2023	1 ARS = 2.046 SOS
03 August 2023	1 ARS = 2.037 SOS
04 August 2023	1 ARS = 2.036 SOS
07 August 2023	1 ARS = 2.047 SOS
08 August 2023	1 ARS = 1.999 SOS
09 August 2023	1 ARS = 1.992 SOS
10 August 2023	1 ARS = 1.985 SOS
11 August 2023	1 ARS = 1.978 SOS
14 August 2023	1 ARS = 1.969 SOS
15 August 2023	1 ARS = 1.617 SOS
16 August 2023	1 ARS = 1.617 SOS
17 August 2023	1 ARS = 1.614 SOS
18 August 2023	1 ARS = 1.615 SOS
21 August 2023	1 ARS = 1.616 SOS
22 August 2023	1 ARS = 1.618 SOS
23 August 2023	1 ARS = 1.617 SOS
24 August 2023	1 ARS = 1.614 SOS
25 August 2023	1 ARS = 1.614 SOS
28 August 2023	1 ARS = 1.614 SOS
29 August 2023	1 ARS = 1.614 SOS
30 August 2023	1 ARS = 1.614 SOS
31 August 2023	1 ARS = 1.615 SOS

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.

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.

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.

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.