What is the currency of Argentina?
Argentine peso
Argentina/Currencies
The ARS (Argentine peso) is the country’s official currency that began circulation in 1992, shortly after the country plunged into an economic depression. In the early 2000s, the Argentine government took steps to peg the exchange rate at around 3 pesos to 1 U.S. dollar.
Is Argentine a poor country?
Argentina’s poverty rate rose to 42% in the second half of 2020 as the nation suffered its worst recession in two decades due to the coronavirus pandemic. Even when accounting for the social assistance, Argentina saw poverty increase by the most in Latin America, according to a recent UN report.
Is Argentina cheap or expensive?
Compared to other Latin American countries and not to mention the world, Argentina is a cheap country. The government subsidizes and takes care of many services in the country, and that is why transport, among other things is very cheap.
What country is south of Argentina?
The country is bounded by Chile to the south and west, Bolivia and Paraguay to the north, and Brazil, Uruguay, and the Atlantic Ocean to the east.
What is the currency of Bolivia?
Bolivian boliviano
Bolivia/Currencies
The Bolivian boliviano (BOB) is the national currency of Bolivia. Although the most recent version of the boliviano was introduced in 1987, previous versions of the currency have existed since 1864.
Can you use dollars in Argentina?
The official currency of Argentina is the Argentine Peso, however, it’s common to use US dollars when travelling in the country. Up until 2015, Argentina had a black market (known as the ‘blue’ market) so travelling with and spending US dollars in cash was an absolute must.
What is the capital and currency of Bolivia?
The result of the conflict was to include text in the constitution stating that the capital of Bolivia is officially Sucre, while leaving the executive and legislative branches in La Paz.