5000 Argentine peso to Nigerian naira Historical Exchange Rates
Welcome to the ARS to NGN exchange rate history page. This page contains detailed daily historical exchange rates between ARS and NGN from 2025-3-8 to 2026-06-08, making it easy to look up and reference.
1 ARS = 0.949596 NGN
12:31 Exchange Rate
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1 Argentine peso to Nigerian naira Historical Exchange Rate Trends
1 ARS = -- NGN
12:31 Exchange Rate
1 Argentine peso to Nigerian naira Data Statistics
This section organizes the historical exchange rate data of 1 ARS to NGN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Past 7 days historical exchange rates
Below are the daily average exchange rates of ARS to NGN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of NGN to ARS, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
ARS to NGN - Last 7 Days
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NGNARSNGNARSNGNARSNGNARSNGNARSNGNARSNGNARSARS - Argentine Peso
The Argentine Peso has been used since the currency reform in 1992. The Argentine central bank is committed to controlling high inflation and adjusts the exchange rate mechanism from time to time.
- Supporting unit:1 peso = 100 centavos
- Denomination of banknotes:2, 5, 10, 20, 50, 100, 200, 500, 1000 ARS
- Reserve currency:No, the Argentine peso is generally not used as an international reserve currency.
- Banknote material:Cotton paper, with some denominations incorporating anti-counterfeiting technology.
- Metal composition:The main composition is copper-nickel alloy, while some small denomination coins are made of steel coated with nickel.
- Currency symbol:$ or AR$
- Paper currency size:Variable sizes, with the largest banknote measuring approximately 154mm × 70mm.
- language:en
- Main unit:1 peso
- ISO code:ARS
- Currency name:Argentine Peso
- Exchange Rate System:A managed floating exchange rate system, where the exchange rate is significantly influenced by government intervention.
- Central Bank:Central Bank of Argentina
- Safe-haven currency:No, due to high inflation and significant volatility.
- Coin denomination:1, 2, 5, 10, 25, and 50 cent coins are gradually being withdrawn from circulation, along with 1 and 2 peso coins.
- Countries of Use:Official currency of Argentina.
- Cross-border payment:Due to foreign exchange controls and economic instability, the Argentine peso is limited in its use for international payments. Most cross-border transactions are conducted in US dollars, while some trade between neighboring countries can be settled in pesos, but on a limited scale.
NGN - Nigerian Naira
The naira was introduced in 1973 as a replacement for the Nigerian pound. The NGN plays a central role in Africa's largest economy, supporting a diversified economy, particularly the oil and agriculture industries.
- Supporting unit:1 Naira = 100 Kobo
- Denomination of banknotes:5, 10, 20, 50, 100, 200, 500, 1000 Naira
- Reserve currency:No, the primary reserves consist of foreign currencies such as USD, EUR, and RMB.
- Banknote material:Most are paper-based, while some small denominations are made of polymer.
- Metal composition:Nickel-plated steel core, copper alloy, aluminum alloy, etc.
- Currency symbol:₦
- Paper currency size:For example, 1000 Naira is approximately 151mm × 78mm.
- language:en
- Main unit:Naira
- ISO code:NGN
- Currency name:Nigerian Naira
- Exchange Rate System:Regulated floating exchange rate system
- Central Bank:Central Bank of Nigeria
- Safe-haven currency:No, there are significant fluctuations in exchange rates and strong capital controls.
- Coin denomination:50 Cobos, 1, 2 Naira (seldom used).
- Countries of Use:Nigeria is the only country where it is used officially.
- Cross-border payment:Naira is not freely convertible in the international market and is primarily settled through the SWIFT network and banking intermediaries. Cross-border payments often use the US dollar or euro as intermediary currencies, which limits efficiency.
