About this pair
ARS/INR: what to know
The ARS/INR rate shows how much INR you get for 1 ARS. Right now, 1 ARS buys 0.0632 INR at the mid-market rate. In the other direction, 1 INR is worth 15.8205 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while INR responds to oil prices and capital flows.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
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.