About this pair
ARS/JPY: what to know
The ARS/JPY rate shows how much JPY you get for 1 ARS. Right now, 1 ARS buys 0.1016 JPY at the mid-market rate. In the other direction, 1 JPY is worth 9.8429 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while JPY responds to Bank of Japan policy and global risk appetite.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
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.