LTC/ARS: what to know
The LTC/ARS rate shows how much ARS you get for 1 LTC. Right now, 1 LTC buys 83,077.97 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.0000120369 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while ARS responds to high inflation and economic policy.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. The Argentine Peso (ARS) is issued by Central Bank of Argentina. Argentina has battled high inflation repeatedly and carried out several redenominations.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.