ARS/PLN: what to know
The ARS/PLN rate shows how much PLN you get for 1 ARS. Right now, 1 ARS buys 0.00246964 PLN at the mid-market rate. In the other direction, 1 PLN is worth 404.9169 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while PLN responds to NBP policy, EU flows and regional sentiment.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Polish Zloty (PLN) is issued by National Bank of Poland (NBP). “Złoty” literally means “golden”, a name dating back to medieval gold coins.
For anyone in Poland, this is the mid-market reference to compare against your bank or kantor before exchanging. 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.