About this pair
ARS/HKD: what to know
The ARS/HKD rate shows how much HKD you get for 1 ARS. Right now, 1 ARS buys 0.00518986 HKD at the mid-market rate. In the other direction, 1 HKD is worth 192.6835 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while HKD responds to its peg to the US dollar.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
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.