The currency of Argentina is the Argentine peso (ARS). The peso has undergone various changes and adjustments over the years due to economic challenges and inflationary pressures. Originally introduced in the 19th century, the currency has had different forms, including the convertible peso from 1991 to 2001. Currently, the peso is subdivided into 100 centavos, and its value fluctuates significantly in response to Argentina's economic conditions. Due to high inflation rates, many Argentinians often use the U.S. dollar for savings and transactions, reflecting the ongoing economic instability.