About this pair
ARS/CNH: what to know
The ARS/CNH rate shows how much CNH you get for 1 ARS. Right now, 1 ARS buys 0.00444194 CNH at the mid-market rate. In the other direction, 1 CNH is worth 225.1270 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while CNH responds to sentiment toward China and offshore flows.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.