XAU/ARS: what to know
The XAU/ARS rate shows how much ARS you get for 1 XAU. Right now, 1 XAU buys 6,111,210.97 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.000000163634 XAU.
In the short term XAU is driven mainly by real interest rates, the dollar and safe-haven demand, while ARS responds to high inflation and economic policy.
The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.