Historic Hong Kong dollar Argentine peso

Hong Kong dollar argentine peso history for August 2021. The highest quote for this month is 12.558 (31/08/2021) and the lowest 12.504 (27/08/2021). The difference between high and low is 0.43.

HKD ARS average rate for August 2021 is 12.47873, the change between 01/08/2021 and 31/08/2021 is -0.73 %.

02 August 20211 HKD = 12.45 ARS
03 August 20211 HKD = 12.45 ARS
04 August 20211 HKD = 12.45 ARS
05 August 20211 HKD = 12.45 ARS
06 August 20211 HKD = 12.45 ARS
09 August 20211 HKD = 12.50 ARS
10 August 20211 HKD = 12.46 ARS
11 August 20211 HKD = 12.47 ARS
12 August 20211 HKD = 12.47 ARS
13 August 20211 HKD = 12.46 ARS
16 August 20211 HKD = 12.48 ARS
17 August 20211 HKD = 12.46 ARS
18 August 20211 HKD = 12.47 ARS
19 August 20211 HKD = 12.49 ARS
20 August 20211 HKD = 12.49 ARS
23 August 20211 HKD = 12.46 ARS
24 August 20211 HKD = 12.50 ARS
25 August 20211 HKD = 12.50 ARS
26 August 20211 HKD = 12.51 ARS
27 August 20211 HKD = 12.51 ARS
30 August 20211 HKD = 12.52 ARS
31 August 20211 HKD = 12.54 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.

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

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.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

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.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.