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Ethena to Argentine Peso Converter and calculator

Convert 1Ethena (ENA) to Argentine Peso (ARS) equals $ 648.69 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ethena(ENA) to Argentine Peso(ARS). This is the real-time data. The current conversion shows 1 ENA at a value of 1 ENA for 648.69 ARS . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

ARS information

About the Argentine Peso (ARS)

What Is the Argentine Peso (ARS)?

The Argentine Peso (ARS) is the official currency of Argentina, a country with a rich and complex economic history. The peso, symbolized by "$" and subdivided into 100 centavos, has undergone several transformations and revaluations over the years. The current version, known as the peso convertible, was introduced in 1992. The Argentine Peso is the sole legal tender in Argentina, and it is used for all transactions within the country.

The Argentine Peso is issued by the Central Bank of the Argentine Republic (Banco Central de la República Argentina). The Central Bank is responsible for regulating the currency and implementing monetary policy in Argentina, including the issuance of banknotes and coins. This role includes managing the country's foreign exchange reserves, setting interest rates, and working to maintain financial stability in the country.

What Is the History of ARS?

The peso has been Argentina's currency since its independence. Initially, Argentina used Spanish reales, Portuguese escudos, and its own soles. The first official pesos, the peso fuerte and peso moneda corriente, were introduced in 1826. The peso moneda nacional replaced these in 1881. The peso ley replaced the peso moneda nacional in 1970, followed by the peso argentino in 1983, and the austral in 1985. Each change reflected the country's ongoing economic challenges, including hyperinflation. In 1992, the peso convertible emerged, initially with a 1:1 parity with the U.S. dollar. This parity was maintained until early 2002, after which the peso's value declined significantly.

Notes and Coins of ARS

Coins are issued in denominations of 1, 5, 10, 25, and 50 centavos, and 1, 2, 5, and 10 pesos. Banknotes come in 1, 2, 5, 10, 20, 50, 100, 200, 500, and 1,000 pesos. Commemorative coins and banknotes have been issued to celebrate various historic figures and events.

Economic Challenges

Argentina's economy has been marked by high inflation rates and economic recessions. The early 2000s saw massive capital flight, leading to bank account freezes and a default on $65 billion in debt. Despite abundant natural resources and a skilled labor force, Argentina has struggled with inflation, income inequality, and poverty. In recent years, Argentinians have increasingly turned to cryptocurrencies like Bitcoin as a hedge against inflation.

Is ARS Pegged to USD?

The Argentine Peso (ARS) is not pegged to the United States Dollar (USD). The peso was pegged to the USD at a 1:1 parity under the Convertibility Plan from 1991 until early 2002. This plan was part of an effort to stabilize the Argentine economy and curb hyperinflation.

However, this peg was abandoned in 2002 following a severe economic crisis that led to a significant devaluation of the peso. Since then, the ARS has been a floating currency, meaning its value is determined by market forces and can fluctuate based on factors such as inflation, economic policies, and investor confidence.

Is ARS a Stable Currency?

The Argentine Peso (ARS) is not considered a stable currency, primarily due to its long history of high inflation and economic volatility. As of late 2020, the official exchange rate was approximately 83 pesos to 1 USD, but the black market rate was nearly double that figure. By 2023, the situation had further deteriorated, with the official exchange rate reaching 350 pesos to the dollar, and over 720 pesos on unregulated markets. As of January 2024, the official exchange rate was approximately 800 pesos to 1 USD. This rapid devaluation and the wide gap between official and unofficial exchange rates reflect the peso's instability. These factors contribute to the perception of the Argentine Peso as an unstable currency in the global financial landscape.

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Bitget crypto-to-fiat exchange data shows that the most popular Ethena currency pair is the ENA to ARS, with for Ethena's currency code being ENA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ARS.

ENA to ARS conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethena has changed +2.61% to ARS. Based on the trend and price charts, Ethena(ENA) has changed +2.61% to ARS while Argentine Peso(ARS) has changed % to ENA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$625.41
0.0002% / 0.0003%vip-iconVIP
Binance
$620.54
0.1000% / 0.1000%
Yes
Huobi
$620.82
0.1000% / 0.1000%
Yes
Gate.io
$620.26
0.1000% / 0.1000%
Yes
Bybit
$619.63
0.1000% / 0.1000%
Yes
KuCoin
$620.08
0.1000% / 0.1000%
Yes
Bitfinex
$623.17
0.1000% / 0.1000%
Yes
Last updated 2024/06/14 21:00:20(UTC+0)

How to buy Ethena

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Buy Ethena (ENA)
Use a variety of payment options to buy Ethena on Bitget. We'll show you how.

Buy ENA (or USDT) for ARS (Argentine Peso) offers

Bitget P2P trading does not currently support direct buying of ENA with ARS. However, you can buy USDT in Bitget P2P trading first, and then buy ENA with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
L
LucaaswkVerified Merchant
5 tradesCompletion rate 100.00%
1274 ARS
Amount66.97 USDT
Limit1400 - 234148.46 ARS
MercadopagoBank Transfer (Argentina)Banco BrubankLemonNaranja X
Buy
L
LuchoLMVerified Merchant
397 tradesCompletion rate 100.00%
1274 ARS
Amount234.7 USDT
Limit10000 - 299007 ARS
MercadopagoBanco BrubankUalaLemon
Buy
S
SolJaraGolden merchantVerified Merchant
695 tradesCompletion rate 100.00%
1274 ARS
Amount17.94 USDT
Limit10000 - 22855 ARS
Bank TransferMercadopagoBBVABanco del solSantanderLemonNaranja XArgentine Bank Transfer
Buy
F
FerDiazGolden merchantVerified Merchant
388 tradesCompletion rate 93.00%
1274 ARS
Amount11.91 USDT
Limit1400 - 3000 ARS
RebaLemon
Buy
A
Atencion_RapidaVerified Merchant
127 tradesCompletion rate 99.00%
1278.9 ARS
Amount46.83 USDT
Limit50000 - 59890.88 ARS
Bank TransferMercadopagoBank Transfer (Argentina)Banco BrubankSantanderLemonNaranja X
Buy

Sell ENA (or USDT) for ARS (Argentine Peso) offers

Bitget P2P trading currently does not support direct selling of ENA to ARS. However, you can first exchange ENA for USDT in the Bitget spot market, and then sell USDT to ARS in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
RapicryptoVerified Merchant
80 tradesCompletion rate 96.00%
1270 ARS
Amount153.78 USDT
Limit1400 - 170000 ARS
Mercadopago
Sell
J
Junin-CryptoVerified Merchant
371 tradesCompletion rate 98.00%
1269.16 ARS
Amount122.43 USDT
Limit15000 - 190350 ARS
Bank TransferMercadopagoBanco BrubankLemonNaranja X
Sell
S
SolJaraGolden merchantVerified Merchant
695 tradesCompletion rate 100.00%
1269.16 ARS
Amount364.95 USDT
Limit10000 - 463179 ARS
Bank TransferMercadopagoBBVABanco del solSantanderLemonNaranja XArgentine Bank Transfer
Sell
B
BossTradingHVerified Merchant
527 tradesCompletion rate 98.00%
1269.16 ARS
Amount248.07 USDT
Limit1400 - 454457 ARS
Banco BrubankUalaBanco del solWilobankOpenbankSantanderLemonNaranja X
Sell
J
Jonathan22Verified Merchant
33 tradesCompletion rate 89.00%
1269.14 ARS
Amount1000 USDT
Limit5000 - 9302 ARS
MercadopagoBanco BrubankUalaBanco del solLemonNaranja X
Sell

What factors influence the conversion rate of Ethena to Argentine Peso?

Ethena to Argentine Peso is falling this week.
Ethena's current market price is $ 648.69 per ENA, with a total market cap of $ 986,209,243,386.38 ARS based on a circulating supply of 1,520,312,400 ENA. The trading volume of Ethena has changed by +11.34% ($ 10,194,482,010.35 ARS) in the last 24 hours. Last trading day, ENA's trading volume was $ 89,932,531,827.36.
Market cap
$1.09B
24h volume
$110.85M
Circulating supply
1.52B ENA

Conversion tables

The exchange rate of Ethena is decreasing.
1 ENA is currently valued at $ 648.69 ARS , which means buying 5 ENA will cost $ 3,243.44 ARS . Similarly, $1 ARS can be traded for 0.001542 ENA, and $50 ARS can be converted to 0.07708 ENA, excluding any platform or gas fees.
The exchange rate of 1 ENA to Argentine Peso has changed by -18.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.61%, reaching a high of 661.38 ARS and a low of 604.49 ARS . One month ago, the value of 1 ENA was $ 658.22 ARS , which represents a -1.45% change from its current value. Over the last year, Ethena has changed by
+$
649.66ARS
, resulting in a change of --% in its value.

ENA to ARS

Amount
21:54 today
0.5 ENA
$324.34
1 ENA
$648.69
5 ENA
$3,243.44
10 ENA
$6,486.89
50 ENA
$32,434.43
100 ENA
$64,868.85
500 ENA
$324,344.26
1000 ENA
$648,688.51

ARS to ENA

Amount21:54 today
0.5ARS0.0007708  ENA
1ARS0.001542  ENA
5ARS0.007708  ENA
10ARS0.01542  ENA
50ARS0.07708  ENA
100ARS0.1542  ENA
500ARS0.7708  ENA
1000ARS1.54  ENA
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Today vs. 24 hours ago

Amount21:54 today24 hours ago24h change
0.5 ENA$0.3591$0.3499
+2.61%
1 ENA$0.7182$0.6999
+2.61%
5 ENA$3.59$3.5
+2.61%
10 ENA$7.18$7
+2.61%
50 ENA$35.91$34.99
+2.61%
100 ENA$71.82$69.99
+2.61%
500 ENA$359.08$349.94
+2.61%
1000 ENA$718.17$699.88
+2.61%

Today vs. 1 month ago

Amount21:54 today1 month ago1M change
0.5 ENA$0.3591$0.3644
-1.45%
1 ENA$0.7182$0.7287
-1.45%
5 ENA$3.59$3.64
-1.45%
10 ENA$7.18$7.29
-1.45%
50 ENA$35.91$36.44
-1.45%
100 ENA$71.82$72.87
-1.45%
500 ENA$359.08$364.36
-1.45%
1000 ENA$718.17$728.72
-1.45%
Buy Ethena for 1 ARS
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Today vs. 1 year ago

Amount21:54 today1 year ago1Y change
0.5 ENA$0.3591$-0.0005395
--
1 ENA$0.7182$-0.001079
--
5 ENA$3.59$-0.005395
--
10 ENA$7.18$-0.01079
--
50 ENA$35.91$-0.05395
--
100 ENA$71.82$-0.1079
--
500 ENA$359.08$-0.5395
--
1000 ENA$718.17$-1.07902
--

Ethena price prediction

What will the price of ENA be in 2025?

Based on ENA's historical price performance prediction model, the price of ENA is projected to reach -- in 2025.

What will the price of ENA be in 2030?

In 2030, the ENA price is expected to rise by +10.00%. By the end of 2030, the ENA price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Ethena for 1 ARS
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Buy Ethena for 1 ARS
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ethena and ARS.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ethena and ARS. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ethena in ARS, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.