About this pair
HUF/ARS: what to know
The HUF/ARS rate shows how much ARS you get for 1 HUF. Right now, 1 HUF buys 4.8212 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.2074 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while ARS responds to high inflation and economic policy.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. 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.