UAH/ARS: what to know
The UAH/ARS rate shows how much ARS you get for 1 UAH. Right now, 1 UAH buys 33.9590 ARS at the mid-market rate. In the other direction, 1 ARS is worth 0.0294 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while ARS responds to high inflation and economic policy.
The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus. 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.