About this pair
BRL/ARS: what to know
The BRL/ARS rate shows how much ARS you get for 1 BRL. Right now, 1 BRL buys 294.7496 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00339271 BRL.
In the short term BRL is driven mainly by commodity prices and central-bank policy, while ARS responds to high inflation and economic policy.
The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”. 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.