ARS/CNH: what to know
The ARS/CNH rate shows how much CNH you get for 1 ARS. Right now, 1 ARS buys 0.00437924 CNH at the mid-market rate. In the other direction, 1 CNH is worth 228.3499 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while CNH responds to sentiment toward China and offshore flows.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.