About this pair
HKD/ARS: what to know
The HKD/ARS rate shows how much ARS you get for 1 HKD. Right now, 1 HKD buys 192.5882 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00519243 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while ARS responds to high inflation and economic policy.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. 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.