ARS to BZD

ARS - Argentine Peso ($)
BZD - Belize Dollar ($)
1 ARS1 BZD

Currency conversion rates from ARS to BZD

ARSBZD
1 ARS1 BZD
5 ARS5 BZD
10 ARS10 BZD
20 ARS20 BZD
50 ARS50 BZD
100 ARS100 BZD
250 ARS250 BZD
500 ARS500 BZD
1000 ARS1000 BZD
2000 ARS2000 BZD
5000 ARS5000 BZD
10000 ARS10000 BZD
BZDARS
1 BZD1 ARS
5 BZD5 ARS
10 BZD10 ARS
20 BZD20 ARS
50 BZD50 ARS
100 BZD100 ARS
250 BZD250 ARS
500 BZD500 ARS
1000 BZD1000 ARS
2000 BZD2000 ARS
5000 BZD5000 ARS
10000 BZD10000 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 ($)


BZD - Belize Dollar (BZ$)

Belize Dollar

The Belize Dollar is the official currency of Belize. The symbol used for the Dollar is $. To distinguish it from other Dollar currencies, the Belize Dollar symbol is BZ$. It is divided into smaller denominations; 1 BZ$ = 100 cents. Since 1978, the Belize Dollar has been pegged to the US Dollar at 1 USD = 2 BZ$.

The Belize Dollar is the currency in Belize (BZ, BLZ). The symbol for BZD can be written BZ$. The Belize Dollar is divided into 100 cents. The exchange rate for the Belize Dollar was last updated on May 24, 2019 from Yahoo Finance. The BZD conversion factor has 5 significant digits.

Economy

  • Logging plays an important part in the Belize economy - timber is the main export product.
  • Top industries for Belize are tourism, garment production, construction, and food processing. Belize also allows offshore investments.
  • The unemployment rate is estimated at 9.4%.
  • Agriculture accounts for 21% of the total GDP.
  • Export products are wood, molasses, citrus, clothing, bananas, sugar, and crude oil.
  • Import products are food, tobacco, chemicals, fuels, and manufactured goods.
  • Tourism in Belize amounts to 251, 655 people.
  • Belize is working towards an economic plan and the country’s focus is tourism and agriculture.
  • An estimated growth of 4% was indicated in the year 1999.

History

  • Belize was originally part of British Honduras and the Spanish Dollar was in circulation.
  • In 1894, the government issued banknotes in denominations of 100, 50, 10, 5, 2 and 1 Dollar.
  • After 1928, no more 50 and 100 Dollar banknotes were produced.
  • In 1973, British Honduras was renamed Belize.
  • The first 100 Dollar banknote was introduced in 1974.
  • In 1976, the printing of banknotes were taken over by the Monetary Authority of Belize.
  • The Central Bank of Belize was established in 1982. It produced banknotes in 1983.

More information about BZD - Belize Dollar (BZ$)