Historic Indian Rupee Argentine peso

Indian Rupee argentine peso history for February 2024. The highest quote for this month is 10.147 (29/02/2024) and the lowest 10.159 (29/02/2024). The difference between high and low is -0.12.

INR ARS average rate for February 2024 is 10.05119, the change between 01/02/2024 and 29/02/2024 is -2.03 %.

01 February 20241 INR = 9.95 ARS
02 February 20241 INR = 9.97 ARS
03 February 20241 INR = 9.98 ARS
04 February 20241 INR = 9.97 ARS
05 February 20241 INR = 10.06 ARS
06 February 20241 INR = 9.98 ARS
07 February 20241 INR = 9.99 ARS
08 February 20241 INR = 10.00 ARS
09 February 20241 INR = 10.01 ARS
12 February 20241 INR = 9.98 ARS
13 February 20241 INR = 10.02 ARS
14 February 20241 INR = 10.01 ARS
15 February 20241 INR = 10.04 ARS
16 February 20241 INR = 10.05 ARS
17 February 20241 INR = 10.06 ARS
18 February 20241 INR = 10.06 ARS
19 February 20241 INR = 10.05 ARS
20 February 20241 INR = 10.08 ARS
21 February 20241 INR = 10.11 ARS
22 February 20241 INR = 10.10 ARS
23 February 20241 INR = 10.12 ARS
24 February 20241 INR = 10.13 ARS
25 February 20241 INR = 10.13 ARS
26 February 20241 INR = 10.12 ARS
27 February 20241 INR = 10.15 ARS
28 February 20241 INR = 10.14 ARS
29 February 20241 INR = 10.15 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.

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

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.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

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.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

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.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

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.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.