ARS/ISK: what to know
The ARS/ISK rate shows how much ISK you get for 1 ARS. Right now, 1 ARS buys 0.0794 ISK at the mid-market rate. In the other direction, 1 ISK is worth 12.6007 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while ISK responds to tourism, fishing and commodity prices.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Icelandic Krona (ISK) is issued by Central Bank of Iceland. Aurar coins ceased to be legal tender on 1 October 2003; circulating coins are denominated in whole krónur.
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.