About this pair
ARS/SEK: what to know
The ARS/SEK rate shows how much SEK you get for 1 ARS. Right now, 1 ARS buys 0.00642410 SEK at the mid-market rate. In the other direction, 1 SEK is worth 155.6637 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while SEK responds to European growth and euro moves.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” 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.