ARS

ARS is the symbol or abbreviation, used to indicate the currency of Argentina, the Argentine Peso Nuevo. Every Nuevo weight consists of 100 Centavos and sometimes referred to by the symbol of the dollar ($); to avoid confusion, Argentines indicate the dollar uses the symbols U $ A, or US $.
brief history

The Nuevo Peso Argentino was used for the first time in 1992, when he replaced the Austral at a rate of 1 peso per 10,000 australes. Other names given to the weight include: nuevo convertible peso and the convertible peso.

The Nuevo Argentine Peso (ARS) has been pegged to the 1 to 1 parity with the US dollar between 1992 and 2001. In 2002, the weight came to depreciate by 75% to raise the level of competitiveness and promote exports.