Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

RED to ARS Converter and calculator

RED/ARS: 1 RED = 0.001963 ARS. The price of converting 1 RED TOKEN (RED) to Argentine Peso (ARS) is 0.001963 ARS today.
RED
RED
ARS
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides RED to ARS real-time exchange rates, making it easy to convert RED TOKEN (RED) to Argentine Peso (ARS). The conversion result is based on real-time data. The conversion result shows that 1 RED is currently valued at 0.00 ARS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RED is currently valued at 0.00 ARS, which means buying 5 RED would cost 0.01 ARS. Similarly, $1 ARS can be converted to 509.38 RED, and $50 ARS can be converted to 2,546.91 RED, excluding any platform or gas fees.

Convert RED to ARS

Convert ARS to RED

RED TOKEN
Argentine Peso
In the table above, you'll find a comprehensive RED to ARS converter that shows the value of RED TOKEN in Argentine Peso across commonly used conversion amounts. The list covers conversions from 1 RED to ARS, all the way up to 10000 RED, providing a clear view of their respective values.
Argentine Peso
RED TOKEN
1000 ARS
509,381.97 RED
2000 ARS
1,018,763.95 RED
5000 ARS
2,546,909.86 RED
10000 ARS
5,093,819.73 RED
50000 ARS
25,469,098.64 RED
100000 ARS
50,938,197.28 RED
In the table above, you'll find a comprehensive ARS to RED converter that shows the value of Argentine Peso in RED TOKEN across commonly used conversion amounts. The list covers conversions from 1 ARS to RED, all the way up to 100000 ARS, providing a clear view of their respective values.

RED to ARS chart

RED/ARS: 1 RED = 0.001963 ARS; 2025/04/29 22:33:35
In the past 1D, RED TOKEN has changed +11.08% to ARS. Based on the trend and price charts, RED TOKEN(RED) has changed +11.08% to ARS while Argentine Peso(ARS) has changed % to RED in the last 24 hours.
1D7D1M3M1YAll

RED to ARS conversion data: Volatility and price changes of RED TOKEN in ARS

The highest RED TOKEN price in ARS over the past 7 days was 0.002267 ARS while the lowest RED TOKEN price in ARS over the past 7 days was 0.001706 ARS. The relative change between the highs and lows in RED TOKEN price in ARS over the last 7 days indicates a volatility of %. You can view additional volatility data and RED to ARS prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.002267 ARS
0.002267 ARS
0.2538 ARS
1.39 ARS
Low
0.001804 ARS
0.001706 ARS
0.001539 ARS
0.001443 ARS
Average
0 ARS
0 ARS
0 ARS
0 ARS
Volatility
%
%
%
%
Change
+11.08%
+3.21%
-99.25%
+9.84%

RED TOKEN information

RED to ARS market statistics

RED/ARS:
$0.001963
RED 24h volume:
$24,612,025.62
RED market cap:
$12,762,199.35
RED circulating supply:
6.50B RED

Current RED to ARS exchange rate

RED TOKEN to Argentine Peso is rising this week.
RED TOKEN's current market price is $0.001963 per RED, with a total market cap of $12,762,199.35 ARS based on a circulating supply of 6,500,834,300 RED. The trading volume of RED TOKEN has changed by +13.87% ($2,996,970.61 ARS) in the last 24 hours. Last trading day, RED's trading volume was $21,615,055.02.

More info about RED TOKEN on Bitget

Argentine Peso 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.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 95082.58 USD
popular info ethereum
ETH to USD
1 ETH to 1822.24 USD
popular info ripple
XRP to USD
1 XRP to 2.28 USD
popular info solana
SOL to USD
1 SOL to 148.18 USD
popular info bitcoin
BTC to EUR
1 BTC to 83473.00 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70903.08 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131489.70 CAD
popular info bitcoin
BTC to BRL
1 BTC to 535362.47 BRL
popular info bitcoin
BTC to INR
1 BTC to 8090310.50 INR
popular info pi-network
PI to INR
1 PI to 49.80 INR

Hot promotions

How to convert RED to ARS

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert RED to ARS
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy RED (or USDT) for ARS (Argentine Peso) offers
Bitget P2P trading does not currently support direct buying of RED with ARS. However, you can buy USDT in Bitget P2P trading first, and then buy RED with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular RED TOKEN Converter

popular info New Taiwan dollar
RED to TWD
1 RED to NT$0.{4}5446 TWD
popular info Argentine Peso
RED to ARS
1 RED to $0.001963 ARS
popular info Chinese Yuan
RED to CNY
1 RED to ¥0.{4}1226 CNY
popular info United States Dollar
RED to USD
1 RED to $0.{5}1685 USD
popular info Euro
RED to EUR
1 RED to €0.{5}1479 EUR
popular info Canadian Dollar
RED to CAD
1 RED to C$0.{5}2330 CAD
popular info South Korean Won
RED to KRW
1 RED to ₩0.002413 KRW
popular info Japanese Yen
RED to JPY
1 RED to ¥0.0002398 JPY
popular info Pound Sterling
RED to GBP
1 RED to £0.{5}1257 GBP
popular info Brazilian Real
RED to BRL
1 RED to R$0.{5}9488 BRL

Popular cryptocurrencies to ARS

other assets Sign
SIGN to ARS
1 SIGN to $115.88 ARS
other assets Alpaca Finance
ALPACA to ARS
1 ALPACA to $223.1 ARS
other assets Pi
PI to ARS
1 PI to $673.74 ARS
other assets Cookie DAO
COOKIE to ARS
1 COOKIE to $202.64 ARS
other assets BNB
BNB to ARS
1 BNB to $699,028.4 ARS
other assets Solayer
LAYER to ARS
1 LAYER to $3,750.59 ARS
other assets Initia
INIT to ARS
1 INIT to $962.18 ARS
other assets Bitcoin
BTC to ARS
1 BTC to $109,689,340.4 ARS
other assets Pundi X (New)
PUNDIX to ARS
1 PUNDIX to $530.97 ARS
other assets Safe
SAFE to ARS
1 SAFE to $670.83 ARS

RED to ARS Conversion tables

The exchange rate of RED TOKEN is decreasing.
The exchange rate of 1 RED to Argentine Peso has changed by +3.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.08%, reaching a high of 0.002267 ARS and a low of 0.001804 ARS . One month ago, the value of 1 RED was $0.2609 ARS , which represents a -99.25% change from its current value. Over the last year, RED TOKEN has changed by
-$
0.003448ARS
, resulting in a change of -63.70% in its value.
24 hours ago1 month ago1 year ago
Amount22:33 today24 hours ago24h change
0.5 RED$0.0009816$0.0008836
+11.08%
1 RED$0.001963$0.001767
+11.08%
5 RED$0.009816$0.008836
+11.08%
10 RED$0.01963$0.01767
+11.08%
50 RED$0.09816$0.08836
+11.08%
100 RED$0.1963$0.1767
+11.08%
500 RED$0.9816$0.8836
+11.08%
1000 RED$1.96$1.77
+11.08%

RED to ARS FAQ

How much is 1 RED TOKEN in ARS?
Right now, the price of 1 RED TOKEN (RED) in Argentine Peso (ARS) is $0.001963.
How much RED can I buy for 1 ARS?
Based on the current exchange rate, you can get 509.38 RED for 1 ARS.
How do I calculate or convert RED to ARS?
You can use our RED to ARS calculator at the top of this page to convert any amount of RED to ARS. We've also included quick-reference tables for the most popular conversions. For example, 5 ARS is equivalent to 2,546.91 RED, while 5 RED will cost around 0.009816ARS.
What is the highest price of RED/ARS in history?
The all-time high price of 1 RED in ARS is $36.34. It remains to be seen if the value of 1 RED/ARS will exceed the current all-time high.
What is the price trend of RED TOKEN in ARS?
Over the past 7 days, the exchange rate of RED TOKEN (RED) has gone up by 3.21%.   Over the last month, the exchange rate of RED TOKEN (RED) has gone down by 99.25% against Argentine Peso (ARS).

What factors influence the conversion rate of RED to ARS?

There are many factors that affect the relationship between RED TOKEN and Argentine Peso, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of RED/ARS. When there is positive news in the market about the widespread adoption of RED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RED/ARS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RED/ARS.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of RED/ARS. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of RED TOKEN and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.