Gold vs. the Argentine peso

How much Argentine peso it took to buy one ounce of gold then, and how much it takes today.

What the Argentine peso lost against gold in 20 years

99.97 %

One ounce cost AR$ 1,816 in Oct 2006. Today it costs AR$ 6,123,219.

Ago	Ounce then	In USD then	Ounce today	×	Purchasing power lost
1 years (Oct 2025)	AR$ 5,811,148	US$ 4,058.00	AR$ 6,123,219	1.1×	5 %
5 years (Oct 2021)	AR$ 176,366	US$ 1,777.00	AR$ 6,123,219	34.7×	97 %
10 years (Oct 2016)	AR$ 19,242	US$ 1,267.00	AR$ 6,123,219	318.2×	99.7 %
20 years (Oct 2006)	AR$ 1,816	US$ 586.00	AR$ 6,123,219	3,371.4×	99.97 %

"Purchasing power lost" = how much less gold the same amount of money buys today. Then: monthly average (World Bank and BIS). Today: current spot price. Does not include consumer-price inflation.

Updated: Oct 30, 2026 10:59 UTC · 1 USD = 1,539.0000 ARS (official rate, BCRA)

Other currencies

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