Historic Norwegian krone Argentine peso

Norwegian krone argentine peso history for July 2023. The highest quote for this month is 26.951 (31/07/2023) and the lowest 28.557 (27/07/2023). The difference between high and low is -5.96.

NOK ARS average rate for July 2023 is 25.81857, the change between 01/07/2023 and 31/07/2023 is -12.64 %.

03 July 20231 NOK = 23.72 ARS
04 July 20231 NOK = 24.14 ARS
05 July 20231 NOK = 24.36 ARS
06 July 20231 NOK = 24.31 ARS
07 July 20231 NOK = 24.20 ARS
10 July 20231 NOK = 24.32 ARS
11 July 20231 NOK = 25.07 ARS
12 July 20231 NOK = 25.45 ARS
13 July 20231 NOK = 26.12 ARS
14 July 20231 NOK = 26.59 ARS
17 July 20231 NOK = 26.37 ARS
18 July 20231 NOK = 26.51 ARS
19 July 20231 NOK = 26.62 ARS
20 July 20231 NOK = 26.71 ARS
21 July 20231 NOK = 26.68 ARS
24 July 20231 NOK = 26.62 ARS
25 July 20231 NOK = 26.96 ARS
26 July 20231 NOK = 26.99 ARS
27 July 20231 NOK = 26.91 ARS
28 July 20231 NOK = 26.84 ARS
31 July 20231 NOK = 26.71 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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.