CNH/ARS: what to know
The CNH/ARS rate shows how much ARS you get for 1 CNH. Right now, 1 CNH buys 228.3549 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00437915 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while ARS responds to high inflation and economic policy.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
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.