About this pair
ARS/GBP: what to know
The ARS/GBP rate shows how much GBP you get for 1 ARS. Right now, 1 ARS buys 0.000500 GBP at the mid-market rate. In the other direction, 1 GBP is worth 1,998.06 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while GBP responds to Bank of England policy and the UK economy.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
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.