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BAG to ARS Converter and calculator

BAG/ARS: 1 BAG = 0.04010 ARS. The price of converting 1 Bag (BAG) to Argentine Peso (ARS) is 0.04010 ARS today.
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAG to ARS real-time exchange rates, making it easy to convert Bag (BAG) to Argentine Peso (ARS). The conversion result is based on real-time data. The conversion result shows that 1 BAG is currently valued at 0.04010 ARS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAG is currently valued at 0.04010 ARS, which means buying 5 BAG would cost 0.2005 ARS. Similarly, ARS$1 ARS can be converted to 24.94 BAG, and ARS$50 ARS can be converted to 124.7 BAG, excluding any platform or gas fees.

Convert BAG to ARS

Convert ARS to BAG

Bag
Argentine Peso
1 BAG
0.04010  ARS
Exchange 1 BAG for 0.04010 ARS
2 BAG
0.08019  ARS
Exchange 2 BAG for 0.08019 ARS
5 BAG
0.2005  ARS
Exchange 5 BAG for 0.2005 ARS
10 BAG
0.4010  ARS
Exchange 10 BAG for 0.4010 ARS
20 BAG
0.8019  ARS
Exchange 20 BAG for 0.8019 ARS
50 BAG
2  ARS
Exchange 50 BAG for 2 ARS
100 BAG
4.01  ARS
Exchange 100 BAG for 4.01 ARS
200 BAG
8.02  ARS
Exchange 200 BAG for 8.02 ARS
500 BAG
20.05  ARS
Exchange 500 BAG for 20.05 ARS
1000 BAG
40.1  ARS
Exchange 1000 BAG for 40.1 ARS
5000 BAG
200.49  ARS
Exchange 5000 BAG for 200.49 ARS
10000 BAG
400.97  ARS
Exchange 10000 BAG for 400.97 ARS
In the table above, you'll find a comprehensive BAG to ARS converter that shows the value of Bag in Argentine Peso across commonly used conversion amounts. The list covers conversions from 1 BAG to ARS, all the way up to 10000 BAG, providing a clear view of their respective values.
Argentine Peso
Bag
1 ARS
24.94 BAG
Exchange 1 ARS for 24.94 BAG
10 ARS
249.39 BAG
Exchange 10 ARS for 249.39 BAG
50 ARS
1,246.96 BAG
Exchange 50 ARS for 1,246.96 BAG
100 ARS
2,493.93 BAG
Exchange 100 ARS for 2,493.93 BAG
200 ARS
4,987.85 BAG
Exchange 200 ARS for 4,987.85 BAG
500 ARS
12,469.63 BAG
Exchange 500 ARS for 12,469.63 BAG
1000 ARS
24,939.25 BAG
Exchange 1000 ARS for 24,939.25 BAG
2000 ARS
49,878.51 BAG
Exchange 2000 ARS for 49,878.51 BAG
5000 ARS
124,696.27 BAG
Exchange 5000 ARS for 124,696.27 BAG
10000 ARS
249,392.54 BAG
Exchange 10000 ARS for 249,392.54 BAG
50000 ARS
1,246,962.7 BAG
Exchange 50000 ARS for 1,246,962.7 BAG
100000 ARS
2,493,925.4 BAG
Exchange 100000 ARS for 2,493,925.4 BAG
In the table above, you'll find a comprehensive ARS to BAG converter that shows the value of Argentine Peso in Bag across commonly used conversion amounts. The list covers conversions from 1 ARS to BAG, all the way up to 100000 ARS, providing a clear view of their respective values.

BAG to ARS chart

BAG/ARS: 1 BAG = 0.04010 ARS; 2025/12/11 15:36:15
In the past 1D, Bag has changed -3.49% to ARS. Based on the trend and price charts, Bag(BAG) has changed -3.49% to ARS while Argentine Peso(ARS) has changed % to BAG in the last 24 hours.
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BAG to ARS conversion data: Volatility and price changes of Bag in ARS

The highest Bag price in ARS over the past 7 days was 0.04790 ARS while the lowest Bag price in ARS over the past 7 days was 0.03691 ARS. The relative change between the highs and lows in Bag price in ARS over the last 7 days indicates a volatility of %. You can view additional volatility data and BAG to ARS prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.04790 ARS
0.04790 ARS
0.08207 ARS
0.2290 ARS
Low
0.03893 ARS
0.03691 ARS
0.03637 ARS
0.03637 ARS
Average
0 ARS
0 ARS
0 ARS
0 ARS
Volatility
%
%
%
%
Change
-3.49%
+6.91%
-47.57%
-79.86%

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Bag information

BAG to ARS market statistics

BAG/ARS:
ARS$0.04010
BAG 24h volume:
ARS$18,029,428.41
BAG market cap:
ARS$176,996,480.73
BAG circulating supply:
4.41B BAG

Current BAG to ARS exchange rate

Bag to Argentine Peso is rising this week.
Bag's current market price is ARS$0.04010 per BAG, with a total market cap of ARS$176,996,480.73 ARS based on a circulating supply of 4,414,160,400 BAG. The trading volume of Bag has changed by +4.75% (ARS$816,906.3 ARS) in the last 24 hours. Last trading day, BAG's trading volume was ARS$17,212,522.11.

More info about Bag 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 Bag currency pair is the BAG to ARS, with for Bag's currency code being BAG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ARS.

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BAG to ARS Conversion tables

The exchange rate of Bag is decreasing.
The exchange rate of 1 BAG to Argentine Peso has changed by +6.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.49%, reaching a high of 0.04790 ARS and a low of 0.03893 ARS . One month ago, the value of 1 BAG was ARS$0.07648 ARS , which represents a -47.57% change from its current value. Over the last year, Bag has changed by
-ARS$
1.66ARS
, resulting in a change of -97.64% in its value.
24 hours ago1 month ago1 year ago
Amount 15:36 today 24 hours ago 24h change
0.5 BAG
ARS$0.02005ARS$0.02077
-3.49%
1 BAG
ARS$0.04010ARS$0.04155
-3.49%
5 BAG
ARS$0.2005ARS$0.2077
-3.49%
10 BAG
ARS$0.4010ARS$0.4155
-3.49%
50 BAG
ARS$2ARS$2.08
-3.49%
100 BAG
ARS$4.01ARS$4.15
-3.49%
500 BAG
ARS$20.05ARS$20.77
-3.49%
1000 BAG
ARS$40.1ARS$41.55
-3.49%

BAG to ARS FAQ

How much is 1 Bag in ARS?
Right now, the price of 1 Bag (BAG) in Argentine Peso (ARS) is ARS$0.04010.
How much BAG can I buy for 1 ARS?
Based on the current exchange rate, you can get 24.94 BAG for 1 ARS.
How do I calculate or convert BAG to ARS?
You can use our BAG to ARS calculator at the top of this page to convert any amount of BAG to ARS. We've also included quick-reference tables for the most popular conversions. For example, 5 ARS is equivalent to 124.7 BAG, while 5 BAG will cost around 0.2005ARS.
What is the highest price of BAG/ARS in history?
The all-time high price of 1 BAG in ARS is ARS$12.86. It remains to be seen if the value of 1 BAG/ARS will exceed the current all-time high.
What is the price trend of Bag in ARS?
Over the past 7 days, the exchange rate of Bag (BAG) has gone up by 6.91%.   Over the last month, the exchange rate of Bag (BAG) has gone down by 47.57% against Argentine Peso (ARS).

What factors influence the conversion rate of BAG to ARS?

There are many factors that affect the relationship between Bag 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 BAG/ARS. When there is positive news in the market about the widespread adoption of BAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAG/ARS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAG/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 BAG/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 Bag and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Bag currency pairs: BAG to US Dollar (USD), BAG to Euro (EUR), BAG to Pound Sterling (GBP), BAG to Canadian Dollar (CAD), BAG to Indian Rupee (INR), BAG to Pakistani Rupee (PKR), BAG to Brazilian Real (BRL), BAG to…
The price of Bag in the US is $0.{4}2787 USD. Additionally, Bag’s price is €0.{4}2376 EUR in the eurozone, £0.{4}2080 GBP in the UK, C$0.{4}3843 CAD in Canada, ₹0.002516 INR in India, ₨0.007838 PKR in Pakistan, R$0.0001514 BRL in Brazil, and more.
The most popular Bag currency pair is the BAG to Argentine Peso(ARS). The price of 1 Bag (BAG) in Argentine Peso (ARS) is ARS$0.04010.

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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.