About this pair
ARS/NOK: what to know
The ARS/NOK rate shows how much NOK you get for 1 ARS. Right now, 1 ARS buys 0.00615449 NOK at the mid-market rate. In the other direction, 1 NOK is worth 162.4829 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while NOK responds to oil and gas prices.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
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.