THB/ARS: what to know
The THB/ARS rate shows how much ARS you get for 1 THB. Right now, 1 THB buys 45.6713 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.0219 THB.
In the short term THB is driven mainly by tourism and trade flows, while ARS responds to high inflation and economic policy.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. 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.