<Tr> <Th> Inflation </Th> <Td> 25% (2017) </Td> </Tr> <Tr> <Th> Source </Th> <Td> Banco Ciudad and private consultants </Td> </Tr> <P> The peso (established as the peso convertible) is the currency of Argentina, identified by the symbol $preceding the amount in the same way as many countries using dollar currencies . It is subdivided into 100 centavos . Its ISO 4217 code is ARS . </P> <P> Since the late 20th century, the Argentine peso has experienced a substantial rate of devaluation, reaching 25% in 2017 . The official exchange rate for the United States dollar hovered around 3: 1 from 2002 to 2008, climbing to 6: 1 between 2009 and 2013 . By January 2018, the rate had risen to 20: 1 . </P>

What kind of money is used in argentina