ARS/AUD: what to know
The ARS/AUD rate shows how much AUD you get for 1 ARS. Right now, 1 ARS buys 0.000923887 AUD at the mid-market rate. In the other direction, 1 AUD is worth 1,082.38 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while AUD responds to commodity prices and Chinese demand.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.