Definition of Argentine peso

The peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. Its ISO 4217 code is ARS, and the symbol used locally for it is $ (to avoid confusion, Argentines frequently use US$, U$, U$S, or U$A to indicate U.S. dollars). It is divided into 100 centavos. The peso was also the name of several earlier currencies of Argentina.