AUD/ARS: what to know
The AUD/ARS rate shows how much ARS you get for 1 AUD. Right now, 1 AUD buys 1,084.01 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.000922500 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while ARS responds to high inflation and economic policy.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
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.