About this pair
ARS/THB: what to know
The ARS/THB rate shows how much THB you get for 1 ARS. Right now, 1 ARS buys 0.0219 THB at the mid-market rate. In the other direction, 1 THB is worth 45.6713 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while THB responds to tourism and trade flows.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
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.