ARS/XPD: what to know
The ARS/XPD rate shows how much XPD you get for 1 ARS. Right now, 1 ARS buys 0.000000508402 XPD at the mid-market rate. In the other direction, 1 XPD is worth 1,966,948.39 ARS.
In the short term ARS is driven mainly by high inflation and economic policy, while XPD responds to auto demand and tight supply.
The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.