NZD/ARS: what to know
The NZD/ARS rate shows how much ARS you get for 1 NZD. Right now, 1 NZD buys 877.6411 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00113942 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while ARS responds to high inflation and economic policy.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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.