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DRINK to ARS Converter and calculator

DRINK/ARS: 1 DRINK = 0.04123 ARS. The price of converting 1 Degen Distillery (DRINK) to Argentine Peso (ARS) is 0.04123 ARS today.
DRINK
DRINK
ARS
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DRINK to ARS real-time exchange rates, making it easy to convert Degen Distillery (DRINK) to Argentine Peso (ARS). The conversion result is based on real-time data. The conversion result shows that 1 DRINK is currently valued at 0.04123 ARS. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DRINK is currently valued at 0.04123 ARS, which means buying 5 DRINK would cost 0.2061 ARS. Similarly, ARS$1 ARS can be converted to 24.26 DRINK, and ARS$50 ARS can be converted to 121.29 DRINK, excluding any platform or gas fees.

Convert DRINK to ARS

Convert ARS to DRINK

Degen Distillery
Argentine Peso
1 DRINK
0.04123  ARS
Exchange 1 DRINK for 0.04123 ARS
2 DRINK
0.08245  ARS
Exchange 2 DRINK for 0.08245 ARS
5 DRINK
0.2061  ARS
Exchange 5 DRINK for 0.2061 ARS
10 DRINK
0.4123  ARS
Exchange 10 DRINK for 0.4123 ARS
20 DRINK
0.8245  ARS
Exchange 20 DRINK for 0.8245 ARS
50 DRINK
2.06  ARS
Exchange 50 DRINK for 2.06 ARS
100 DRINK
4.12  ARS
Exchange 100 DRINK for 4.12 ARS
200 DRINK
8.25  ARS
Exchange 200 DRINK for 8.25 ARS
500 DRINK
20.61  ARS
Exchange 500 DRINK for 20.61 ARS
1000 DRINK
41.23  ARS
Exchange 1000 DRINK for 41.23 ARS
5000 DRINK
206.13  ARS
Exchange 5000 DRINK for 206.13 ARS
10000 DRINK
412.25  ARS
Exchange 10000 DRINK for 412.25 ARS
In the table above, you'll find a comprehensive DRINK to ARS converter that shows the value of Degen Distillery in Argentine Peso across commonly used conversion amounts. The list covers conversions from 1 DRINK to ARS, all the way up to 10000 DRINK, providing a clear view of their respective values.
Argentine Peso
Degen Distillery
1 ARS
24.26 DRINK
Exchange 1 ARS for 24.26 DRINK
10 ARS
242.57 DRINK
Exchange 10 ARS for 242.57 DRINK
50 ARS
1,212.85 DRINK
Exchange 50 ARS for 1,212.85 DRINK
100 ARS
2,425.7 DRINK
Exchange 100 ARS for 2,425.7 DRINK
200 ARS
4,851.41 DRINK
Exchange 200 ARS for 4,851.41 DRINK
500 ARS
12,128.51 DRINK
Exchange 500 ARS for 12,128.51 DRINK
1000 ARS
24,257.03 DRINK
Exchange 1000 ARS for 24,257.03 DRINK
2000 ARS
48,514.05 DRINK
Exchange 2000 ARS for 48,514.05 DRINK
5000 ARS
121,285.13 DRINK
Exchange 5000 ARS for 121,285.13 DRINK
10000 ARS
242,570.25 DRINK
Exchange 10000 ARS for 242,570.25 DRINK
50000 ARS
1,212,851.27 DRINK
Exchange 50000 ARS for 1,212,851.27 DRINK
100000 ARS
2,425,702.54 DRINK
Exchange 100000 ARS for 2,425,702.54 DRINK
In the table above, you'll find a comprehensive ARS to DRINK converter that shows the value of Argentine Peso in Degen Distillery across commonly used conversion amounts. The list covers conversions from 1 ARS to DRINK, all the way up to 100000 ARS, providing a clear view of their respective values.

DRINK to ARS chart

DRINK/ARS: 1 DRINK = 0.04123 ARS; 2025/08/30 12:55:16
In the past 1D, Degen Distillery has changed -9.49% to ARS. Based on the trend and price charts, Degen Distillery(DRINK) has changed -9.49% to ARS while Argentine Peso(ARS) has changed % to DRINK in the last 24 hours.
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DRINK to ARS conversion data: Volatility and price changes of Degen Distillery in ARS

The highest Degen Distillery price in ARS over the past 7 days was 0.1035 ARS while the lowest Degen Distillery price in ARS over the past 7 days was 0.04022 ARS. The relative change between the highs and lows in Degen Distillery price in ARS over the last 7 days indicates a volatility of %. You can view additional volatility data and DRINK 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
0.04384 ARS
0.1035 ARS
0.1321 ARS
0.4358 ARS
Low
0.04050 ARS
0.04022 ARS
0.008227 ARS
0.008031 ARS
Average
0 ARS
0 ARS
0 ARS
0 ARS
Volatility
%
%
%
%
Change
-9.49%
-9.10%
+145.27%
+68.37%

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Degen Distillery information

DRINK to ARS market statistics

DRINK/ARS:
ARS$0.04123
DRINK 24h volume:
ARS$602,867.47
DRINK market cap:
ARS$3,000,046.15
DRINK circulating supply:
72.77M DRINK

Current DRINK to ARS exchange rate

Degen Distillery to Argentine Peso is falling this week.
Degen Distillery's current market price is ARS$0.04123 per DRINK, with a total market cap of ARS$3,000,046.15 ARS based on a circulating supply of 72,772,200 DRINK. The trading volume of Degen Distillery has changed by -43.50% (ARS$-464,130.05 ARS) in the last 24 hours. Last trading day, DRINK's trading volume was ARS$1,066,997.52.

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

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How to convert DRINK to ARS

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DRINK to ARS Conversion tables

The exchange rate of Degen Distillery is increasing.
The exchange rate of 1 DRINK to Argentine Peso has changed by -9.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.49%, reaching a high of 0.04384 ARS and a low of 0.04050 ARS . One month ago, the value of 1 DRINK was ARS$0.01681 ARS , which represents a +145.27% change from its current value. Over the last year, Degen Distillery has changed by
-ARS$
38.57ARS
, resulting in a change of -99.89% in its value.
24 hours ago1 month ago1 year ago
Amount 12:55 today 24 hours ago 24h change
0.5 DRINK
ARS$0.02061ARS$0.02277
-9.49%
1 DRINK
ARS$0.04123ARS$0.04555
-9.49%
5 DRINK
ARS$0.2061ARS$0.2277
-9.49%
10 DRINK
ARS$0.4123ARS$0.4555
-9.49%
50 DRINK
ARS$2.06ARS$2.28
-9.49%
100 DRINK
ARS$4.12ARS$4.55
-9.49%
500 DRINK
ARS$20.61ARS$22.77
-9.49%
1000 DRINK
ARS$41.23ARS$45.55
-9.49%

DRINK to ARS FAQ

How much is 1 Degen Distillery in ARS?
Right now, the price of 1 Degen Distillery (DRINK) in Argentine Peso (ARS) is ARS$0.04123.
How much DRINK can I buy for 1 ARS?
Based on the current exchange rate, you can get 24.26 DRINK for 1 ARS.
How do I calculate or convert DRINK to ARS?
You can use our DRINK to ARS calculator at the top of this page to convert any amount of DRINK to ARS. We've also included quick-reference tables for the most popular conversions. For example, 5 ARS is equivalent to 121.29 DRINK, while 5 DRINK will cost around 0.2061ARS.
What is the highest price of DRINK/ARS in history?
The all-time high price of 1 DRINK in ARS is ARS$42.68. It remains to be seen if the value of 1 DRINK/ARS will exceed the current all-time high.
What is the price trend of Degen Distillery in ARS?
Over the past 7 days, the exchange rate of Degen Distillery (DRINK) has gone down by 9.10%.   Over the last month, the exchange rate of Degen Distillery (DRINK) has gone up by 145.27% against Argentine Peso (ARS).

What factors influence the conversion rate of DRINK to ARS?

There are many factors that affect the relationship between Degen Distillery 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 DRINK/ARS. When there is positive news in the market about the widespread adoption of DRINK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DRINK/ARS. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DRINK/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 DRINK/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 Degen Distillery 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 Degen Distillery currency pairs: DRINK to US Dollar (USD), DRINK to Euro (EUR), DRINK to Pound Sterling (GBP), DRINK to Canadian Dollar (CAD), DRINK to Indian Rupee (INR), DRINK to Pakistani Rupee (PKR), DRINK to Brazilian Real (BRL), DRINK to…
The price of Degen Distillery in the US is $0.{4}3070 USD. Additionally, Degen Distillery’s price is €0.{4}2627 EUR in the eurozone, £0.{4}2273 GBP in the UK, C$0.{4}4222 CAD in Canada, ₹0.002707 INR in India, ₨0.008651 PKR in Pakistan, R$0.0001668 BRL in Brazil, and more.
The most popular Degen Distillery currency pair is the DRINK to Argentine Peso(ARS). The price of 1 Degen Distillery (DRINK) in Argentine Peso (ARS) is ARS$0.04123.

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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.