Historic Philippine peso Argentine peso

Philippine peso argentine peso history for August 2023. The highest quote for this month is 6.2333 (19/08/2023) and the lowest 6.2439 (22/08/2023). The difference between high and low is -0.17.

PHP ARS average rate for August 2023 is 5.68109, the change between 01/08/2023 and 31/08/2023 is -22.53 %.

01 August 20231 PHP = 5.03 ARS
02 August 20231 PHP = 5.03 ARS
03 August 20231 PHP = 5.01 ARS
04 August 20231 PHP = 4.989 ARS
05 August 20231 PHP = 5.01 ARS
07 August 20231 PHP = 5.02 ARS
08 August 20231 PHP = 5.04 ARS
09 August 20231 PHP = 5.05 ARS
10 August 20231 PHP = 5.07 ARS
11 August 20231 PHP = 5.10 ARS
12 August 20231 PHP = 5.08 ARS
14 August 20231 PHP = 5.08 ARS
15 August 20231 PHP = 6.15 ARS
16 August 20231 PHP = 6.16 ARS
17 August 20231 PHP = 6.18 ARS
18 August 20231 PHP = 6.17 ARS
19 August 20231 PHP = 6.23 ARS
20 August 20231 PHP = 6.23 ARS
21 August 20231 PHP = 6.23 ARS
22 August 20231 PHP = 6.22 ARS
23 August 20231 PHP = 6.23 ARS
24 August 20231 PHP = 6.20 ARS
25 August 20231 PHP = 6.18 ARS
28 August 20231 PHP = 6.19 ARS
29 August 20231 PHP = 6.17 ARS
30 August 20231 PHP = 6.18 ARS
31 August 20231 PHP = 6.16 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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.