ARS/BTC: what to know
The ARS/BTC rate shows how much BTC you get for 1 ARS. Right now, 1 ARS buys 0.00000000857251 BTC at the mid-market rate. In the other direction, 1 BTC is worth 116,652,007.24 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while BTC responds to crypto-market sentiment and liquidity.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The supply is capped at 21 million coins.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.