ARS/LTC: what to know
The ARS/LTC rate shows how much LTC you get for 1 ARS. Right now, 1 ARS buys 0.0000121178 LTC at the mid-market rate. In the other direction, 1 LTC is worth 82,523.39 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while LTC responds to crypto-market sentiment.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.