Argentine Peso to Mexican Peso — exchange rate

Country of Circulation: Argentina

Currency Code, Symbol: ARS, $

Denominations of coins in circulation: 1, 2, 5, 10 pesos

Denominations of banknotes in circulation: 10, 20, 50, 100, 200, 500, 1,000 pesos

History: The Argentine peso is the currency used for payment within Argentina. The symbol is $. It is known under the ARS abbreviation on the international exchange market.The coins are called centavo. One peso equals 100 centavo. It has been in circulation since 1992 when the old currency – austral – was removed. Banknotes are designed with portraits of outstanding statesmen. 10 peso has an image of General Manuel Belgrano, and the 100 peso note has one of the first ladies of Argentina, Eva Perón. There are notes dedicated to the environment and fauna protection: with a jaguar, a blue whale, and the Falkland Islands.Read More

Country of Circulation: Mexico

Currency Code, Symbol: MXN, $

Denominations of coins in circulation: 50¢, $1, $2, $5, $10, $20

Denominations of banknotes in circulation: $20, $50, $100, $200, $500

History: The Mexican peso (symbol: $, code: MXN, number: 484 ) is the official currency of Mexico. Its notes and coins are not used in other countries. A widespread international name for the currency used on the exchange market and in exchange offices is MXN.Mexican peso can be subdivided into centavos. Every MXN has 100 centavos. The currency first appeared in 1993 and replaced the Mexican reals. Up until 1999 the currency had been called the new Mexican peso. As soon as this currency appeared, it became a catalyzer for a large-scale financial crisis. Real had gone through inflation before, but the consequences of the 1992 crisis become fatal for the old monetary unit.Read More