1000Argentine peso to Nigerian naira exchange rate
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ARS to NGN
1 ARS = 0.949596 NGN
12:31 Exchange Rate
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ARS to NGN AI Predictive Analysis
XTransfer is China’s leading B2B foreign-trade finance platform, offering small, medium, and micro enterprises secure, convenient, and cost-effective international payment‑collection solutions—with zero account‑opening fees and zero transaction fees. New users can register to receive up to RMB 200,000 in free foreign‑exchange settlement quota. The current ARS/NGN exchange rate shows a moderate downward trend, the market is concerned about Argentina's monetary policy and Nigeria's foreign exchange control dynamics. AI predictions can help users accurately anticipate the direction of short-term exchange rate fluctuations.
As of June 8, 2026
| Key Dates to Watch: | June 8, 2026 |
| Analysis of influencing factors: | Inflationary pressure in Argentina, central bank intervention in Nigeria, dollar index trend |
| Recent volatility: | Low to medium |
| Technical Brief Commentary: | Prices fall below the 7-day moving average, with weak momentum indicators |
| Potential resistance level: | 0.9650 |
| AI confidence index: | Moderate |
| titleLeft: | ARS to NGN |
| Operating Recommendations: | Sell on rallies and hold with caution. |
| Market sentiment: | Slightly bearish |
| Trend Forecasting: | Short-term volatility is leaning weaker. |
| Current exchange rate: | 0.949596 |
| Prediction time range: | The next 1–2 weeks |
| Potential support level: | 0.9350 |
AI analysis is for reference only. Please judge based on actual conditions.
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AI-integrated, for reference only1 USD to CNY Historical Exchange Rate Trends
1 USD = -- CNY
09:12 Exchange Rate
Argentine peso Exchange Rate Conversion Table
ARS - 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.
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