About this pair
SEK/ARS: what to know
The SEK/ARS rate shows how much ARS you get for 1 SEK. Right now, 1 SEK buys 155.5772 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.00642768 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while ARS responds to high inflation and economic policy.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. 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.