ARS to BWP

ARS - Argentine Peso ($)
BWP - Botswanan Pula (P)
1 ARS1 BWP

Currency conversion rates from ARS to BWP

ARSBWP
1 ARS1 BWP
5 ARS5 BWP
10 ARS10 BWP
20 ARS20 BWP
50 ARS50 BWP
100 ARS100 BWP
250 ARS250 BWP
500 ARS500 BWP
1000 ARS1000 BWP
2000 ARS2000 BWP
5000 ARS5000 BWP
10000 ARS10000 BWP
BWPARS
1 BWP1 ARS
5 BWP5 ARS
10 BWP10 ARS
20 BWP20 ARS
50 BWP50 ARS
100 BWP100 ARS
250 BWP250 ARS
500 BWP500 ARS
1000 BWP1000 ARS
2000 BWP2000 ARS
5000 BWP5000 ARS
10000 BWP10000 ARS

ARS - Argentine Peso ($)

Argentine Peso

The Argentine Peso (ARS) is the currency unit for Argentina. The Peso symbol is the same as the dollar sign ($). The Peso is subdivided into centavos; 1 Peso = 100 centavos. The previous currency of Argentina was also called the Peso; however, the currency evolved and fewer zeros are currently being used.

The Argentine Peso is the currency in Argentina (AR, ARG). The symbol for ARS can be written $. The Argentine Peso is divided into 100 centavos. The exchange rate for the Argentine Peso was last updated on May 24, 2019 from Yahoo Finance. The ARS conversion factor has 5 significant digits.

Economy

  • Before 1826, the Spanish silver eight-real coin was named the Peso. After Argentina became independent, the country started using new coin denominations: Escudos, Soles, and Reales. The coins were in circulation until 1881.
  • From 1881, to 1969 the silver and gold Pesos were introduced. The gold coin denominations were 2½ and 5 Pesos, the silver coins were 5, 10, 20, and 50 centavos, as well as 1 Peso, and the copper coins were 1 and 2 centavos.
  • From 1970 to 1983, the "Peso Ley" replaced the previous peso; 1 Peso Ley = 100 Pesos Nacionale.
  • From 1983 to 1991, the Peso was replaced by the previous currencies.
  • In 1992, the last Peso was introduced and is referred to by the international market as the Peso Convertible. A fixed exchange rate was established between the Central Bank of Argentina and the United States Dollar at a rate of 1 USD = 1 Peso. The agreement expired in 2001.
  • After 2001, the fixed agreement with the USA expired, and since 2002, the exchange rate has been fluctuating.

History

  • Argentina’s economy is rated as a higher middle economy.
  • The economy is sustained by the abundance of natural resources, a diverse industry base, and an export-focused agricultural program.
  • During the early twentieth century Argentina was considered the richest country in the southern hemisphere.
  • The top industries are appliances, electronics, textiles, beverages, furniture, printing, chemicals, pharmaceuticals, motor vehicles, and food processing.
  • Export products are soybeans, natural gas, aluminum, steel, refined fuel, machinery, vegetable products, and other industry products.
  • Import products are mainly capital goods, consumer durables for the automotive industry, freight vehicles, lubricants, and refined fuel.

More information about ARS - Argentine Peso ($)


BWP - Botswanan Pula (BWP)

Botswanan Pula

The official currency of Botswana is the Botswana Pula (BWP). The Pula is divided into 100 thebe. The symbol for the Pula is P. The Pula is rated as one of the strongest currencies in Africa.

The Botswana Pula is the currency in Botswana (BW, BWA). The symbol for BWP can be written P. The Botswana Pula is divided into 100 thebe. The exchange rate for the Botswana Pula was last updated on Today from The International Monetary Fund. The BWP conversion factor has 6 significant digits.

Economy

  • From 1966 to 1999 Botswana had the highest growth rate in the world. The estimated growth rate during that time period was 9%.
  • Botswana has been maintaining budget surpluses and they have a large foreign exchange reserve.
  • The mining industry plays an important part in the economic growth and accounts for 36% of the GDP.
  • Agriculture in the country is low and accounts for only 1% of the total GDP.
  • Top industries are textiles, salt, diamonds, soda ash, nickel, potash, livestock processing, and copper.
  • Export products are soda ash, textiles, meat, copper, diamonds, and nickel.
  • The top export product of Botswana is diamonds.
  • Import products are electrical goods, textiles, paper products, wood, petroleum and fuel products, machinery, and foodstuffs.
  • Unemployment is estimated at 7%.
  • Botswana’s military expenditures are considered high and are criticized by the international market.
  • 70% of the country’s electricity is imported from South Africa.

History

  • In 1976, the Pula was introduced to replace the South African Rand. Banknotes were printed in denominations of 10, 5, 2, and 1 Pula.
  • In 1978, the first 20-pula note was introduced.
  • From 1991 to 1994, the 1-pula banknotes and 2-pula banknotes were replaced by coins.
  • In 2000, the 5-pula banknote was replaced with a coin. The original banknotes were discontinued and are no longer part of the currency.
  • In 2009, the latest Pula notes were introduced and the first 200-pula note was introduced.

More information about BWP - Botswanan Pula (BWP)